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New rules on customs treatment of vessel stores take effect in Aug

The Bureau of Customs is set to implement an order which provides rules on the customs treatment of different types of stores for...

PH cargo transport sector suffers from lack of competition—PCC study

The Philippine transport and logistics sector is highly concentrated with the cargo services sector lacking competition, a study found A Philippine Competition Commission...

Clark Airport’s new passenger terminal to open within the year

The newly completed second passenger terminal building of Clark International Airport (CRK) awaits the green light from aviation regulators to begin operations The...

Lisa Gokongwei quits post as Cebu Pacific director

Lisa Gokongwei-Cheng has stepped down as company director of Cebu Air, Inc., which operates as Cebu Pacific, to focus on the Gokongwei group’s...

PH temporarily bans travelers from Indonesia

Travelers from Indonesia are prohibited from entering the Philippines from July 16 to 31 to prevent further spread of COVID-19 variants in the...

May air cargo demand up 9.4% from pre-Covid levels

Compared to pre-Covid levels in May 2019, global demand in May 2021 was up 9.4%, the 13th consecutive month of improvement Air cargo...

Air cargo rates fall in June but lull only temporary

Rates from Hong Kong and Shanghai to Europe and North America all dropped in June compared to May Rates from Hong Kong and...

Pandemic drives 52% PH air cargo plunge in 2020

Cargo volumes handled by airports under the Civil Aviation Authority of the Philippines sank 52% in 2020 as the air travel industry reeled...

Higher air fares seen with ok of fuel surcharge

The Civil Aeronautics Board is allowing airlines to impose the passenger fuel surcharge from July to August 2021 following increases in jet fuel...

World air cargo now only 1% below 2019 level

Year-to-date global volumes are now only 1% below the level of 2019 and already 20% above 2020 Volumes, rates/yields and revenues from the...