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Global airfreight posts slight growth amid feeble demand

International airfreight markets in April showed modest expansion year-over-year, but it does not buck the 18-month trend of basically no growth in the cargo…

Asian cargo airlines facing ‘challenging’ second half

Weak demand persisted for the Asia-Pacific air cargo industry in June, preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) showed. International…

Purisima assures smooth takeover for incoming finance chief

The Department of Finance (DOF) welcomed the naming of Carlos Dominguez as the agency’s next secretary, with incumbent Secretary Cesar Purisima personally ensuring that…

Airlines commit to update cargo processes as demand rises

The International Air Transport Association (IATA) has adopted a resolution to accelerate the modernization and transformation of the air cargo industry. The resolution, firmed…