Home » Archive for June, 2019

Archive for June, 2019

Air cargo decline continues amid weak international demand

Air cargo decline continues amid weak international demand

Jun. 29 | Air freight demand continued to show signs of a slowdown in April while passenger traffic remained resilient with modest growth recorded, according to the latest airport data from Airports Council International (ACI) World. The global air freight market—which...

Inventory levels have climbed over past decade, report finds

Inventory levels have climbed over past decade, report finds

Jun. 28 | The inventory levels of manufacturers and retailers have been rising for the past 10 years, according to a new report by Transport Intelligence (Ti). The report, “Inventory Benchmarking Vertical Sector Trends,” observed that inventory levels should...

5 PH airlines pledge to review flight operations to help decongest NAIA

5 PH airlines pledge to review flight operations to help decongest NAIA

Jun. 27 | Five Philippine airline operators have committed to review and rationalize flight operations to improve on-time performance at the Ninoy Aquino International Airport (NAIA), as well as to consider transferring commercial flights to Sangley Airport in...

BOC seizes printing machines for fake cigarette labels

BOC seizes printing machines for fake cigarette labels

Jun. 27 | The Bureau of Customs (BOC) has seized machines used to print fake cigarette labels/packaging in Valenzuela City and arrested five Chinese nationals and a Filipino suspected of involvement in the activity. On June 25, 2019, combined forces from the BOC...

PH Q1 domestic trade volume up 8.4% but value down slightly

PH Q1 domestic trade volume up 8.4% but value down slightly

Jun. 27 | Philippine domestic trade in the first quarter of 2019 grew for the eighth quarter in a row in terms of volume, but declined in value for the first time after four consecutive quarters of increases, data from the Philippine Statistics Authority showed. For...

EVA Air losses mount as flight attendants’ strike continues

EVA Air losses mount as flight attendants’ strike continues

Jun. 27 | Eva Air has been forced to cancel hundreds of flights and  seen its losses soar as the strike staged last week by the Taiwanese carrier’s flight attendants continues. With the protest entering its seventh day on June 26, Taiwan’s second largest carrier...

MICT yard use hits historic low

MICT yard use hits historic low

Jun. 26 | Yard utilization at Manila International Container Terminal (MICT) in June is close to an almost historic low of under 58% due to continuous efforts to fast track movement of overstaying import containers out of the terminal, operator International Container...

Asian airlines struggle amid continued weak cargo demand, production slowdown

Asian airlines struggle amid continued weak cargo demand, production slowdown

Jun. 25 | International air passenger markets grew moderately in May, but air cargo demand fell further as export activity continued to slow in the face of challenging business conditions, according to traffic figures released by the Association of Asia Pacific...

Duterte pushes for more rural ecozones, freezes new applications in MM

Duterte pushes for more rural ecozones, freezes new applications in MM

Jun. 25 | Image by Pashminu Mansukhani from Pixabay President Rodrigo Duterte has ordered the development of economic zones (ecozones) in the Philippine countryside to promote rural development and create robust economic activity in areas outside Metro Manila. The...

Cebu Pacific to modernize fleet with order of 31 Airbus aircraft in 2021-26

Cebu Pacific to modernize fleet with order of 31 Airbus aircraft in 2021-26

Jun. 25 | Cebu Pacific’s memorandum of understanding for 31 Airbus jetliners includes 10 A321XLR versions. Photo from www.airbus.com. Low-cost carrier Cebu Pacific (CEB) has ordered a total of 31 next-generation aircraft from Airbus as part of its plan to introduce...