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Aviation

1676 posts

Cathay Pacific to buy HK Express for $628M

Hong Kong flag carrier Cathay Pacific has entered into a share purchase agreement to acquire 100% of HK Express (HKE), the acquisition putting it…
  • March 27, 2019
  • 2 minute read

DHL’s top 10 supply chain risk predictions for 2019

Transport and logistics group Deutsche Post DHL has identified 10 major risk trends that are seen to post a significant challenge for companies in…
  • March 27, 2019
  • 2 minute read

Cebu Pacific to inaugurate direct Cebu-Shanghai flight next month

Low-cost carrier Cebu Pacific is set to start operation of its direct service between Cebu and Shanghai, China in line with plans to expand…
  • March 26, 2019
  • 2 minute read

Fewer CAB requirements for unopposed forwarder applications starting next month

From April 4, 2019, the Civil Aeronautics Board (CAB) will impose fewer requirements in the processing of unopposed applications to operate as an international/domestic…
  • March 25, 2019
  • 2 minute read

Vietjet proposes new $80M passenger terminal for northern Vietnam airport

Vietnamese budget air carrier Vietjet’s proposal to expand Dien Bien Airport in the northern mountainous province of Dien Bien has received support from the…
  • March 25, 2019
  • 2 minute read

PAL suspends Manila-New Delhi service launch

Philippine Airlines (PAL) is suspending until further notice the launch of its Manila-New Delhi-Manila service. “We are constrained to take this step as news…
  • March 21, 2019
  • 1 minute read

Cathay cargo tonnage declines nearly 10% in Feb

Combined Cathay Pacific and Cathay Dragon traffic figures for February 2019 show an increase in the number of passengers carried and a drop in…
  • March 20, 2019
  • 2 minute read

CCN, Microsoft launch first blockchain-based air cargo billing, costing system

Singapore-based Cargo Community Network (CCN), provider of cargo community systems for the air cargo industry, has partnered with Microsoft to introduce the world’s first…
  • March 19, 2019
  • 2 minute read

Harsh business environment slices Cebu Pacific’s 2018 income by half

Low-cost carrier Cebu Pacific ended 2018 with a net income of P3.9 billion, 50.7% lower than the P7.908 billion earned in 2017 due to…
  • March 19, 2019
  • 2 minute read

HKIA marks double-digit decline in Feb cargo

Hong Kong International Airport (HKIA) saw cargo throughput fall at a double-digit rate in February, attributing the decline to “unfavourable macroeconomic conditions.” Growth in…
  • March 18, 2019
  • 2 minute read

HKIA still world’s busiest cargo airport

Hong Kong International Airport (HKIA) remains the world’s largest air cargo center, even as global cargo volume growth has worryingly weakened, according to Airports…
  • March 15, 2019
  • 3 minute read

Cathay Pacific swings to black after two years of loss

Hong Kong flag carrier Cathay Pacific Airways said it returned to profitability last year, both in its core airlines business and as a group,…
  • March 13, 2019
  • 3 minute read

Jan air freight down on weak global activity, export orders; passenger growth continues uptick

Global air freight demand decreased 1.8% in January 2019 compared to the same period in 2018, the industry’s worst performance in the last three…
  • March 11, 2019
  • 3 minute read

International air freight forwarders in PH post 5.6% more cargo liftings in 2018

Cargo volume handled by international air freight forwarders grew 5.6% in 2018 to 368.737 million kilograms (kg) from 349.030 million kg in 2017, according…
  • March 9, 2019
  • 2 minute read

Metrojet breaks ground on maintenance facility in Clark

Metrojet Limited officers and government officials recently led groundbreaking ceremonies for the construction of a state-of-the-art business aviation parking and maintenance facility in Clark…
  • March 9, 2019
  • 1 minute read

Asia’s air cargo volume falls as January continues slowdown

January reflects the trend seen for a number of months now: another global air cargo volume drop, with Asia-Pacific notable for posting a significant…
  • March 6, 2019
  • 2 minute read

Aboitiz bags original proponent status for Laguindingan Airport

Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, has been granted by the Civil Aviation Authority of the Philippines (CAAP)…
  • March 6, 2019
  • 2 minute read

Cathay confirms interest to acquire stake in HK Express

Hong Kong flag carrier Cathay Pacific Airways on March 5 addressed media reports suggesting the company may be in discussions to acquire shares in…
  • March 5, 2019
  • 2 minute read

For Asian airlines, it’s solid passenger demand but weaker cargo market in Jan

Robust growth marked international air passenger demand in January even as international air cargo markets weakened further, with global new export orders contracting on…
  • March 4, 2019
  • 2 minute read

PH airlines register 16% growth in 2018 cargo volume

Cargo volume handled by Philippine airlines rose 16.11% in 2018 to 323.384 million kilograms (kg) from 278.509 million kg airlifted in 2017 as almost…
  • March 3, 2019
  • 2 minute read