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Transshipments drive May air cargo growth for HKIA, Cathay Pacific

Transshipments drive May air cargo growth for HKIA, Cathay Pacific

Jun. 20 | A surge in transshipments pushed air freight volumes higher in May year-over-year for both Hong Kong International Airport (HKIA) and national flag carrier Cathay Pacific Group. HKIA recorded continuous growth in cargo and passenger volumes in May, as...

Terminal 2 of Mactan-Cebu airport to open on July 1

Terminal 2 of Mactan-Cebu airport to open on July 1

Jun. 11 | President Rodrigo Duterte (second from right) graced the inauguration of the Mactan Cebu International Airport (MCIA) Terminal 2, dubbed as the world’s first resort airport, in Lapu-Lapu City, Cebu on June 7, 2018. The President unveiled the marker...

Contract for logistics center project at HKIA awarded

Contract for logistics center project at HKIA awarded

Jun. 11 | The right to develop and manage a premium logistics center at Kwo Lo Wan in the South Cargo Precinct of Hong Kong International Airport (HKIA) has been awarded, said Airport Authority Hong Kong (AA). The awardee is a joint venture led by Cainiao Network,...

IATA cautions gov’ts on airport privatization

IATA cautions gov’ts on airport privatization

Jun. 8 | Administrations should be more careful when considering privatizing airports, said the International Air Transport Association (IATA), suggesting they think of the long-term economic and social benefits delivered by an effective airport ahead of the short-term...

Airlines seen to make robust $33.8B profit amid rising costs

Airlines seen to make robust $33.8B profit amid rising costs

Jun. 4 | Air carriers are forecast to achieve a collective net profit of US$33.8 billion in 2018, a solid performance despite accelerating costs, according to the International Air Transport Association (IATA). These rising costs, primarily fuel and labor, as...

With high fuel costs, PH airlines seek reimposition of fuel surcharge

With high fuel costs, PH airlines seek reimposition of fuel surcharge

Jun. 4 | Philippine airlines are requesting to be allowed to re-impose fuel surcharges for passenger and cargo operations to offset fuel costs that have been increasing due to the rising price of oil and the weaker peso. Low-cost carrier Cebu Pacific and sister...

Global air cargo grows 4% in April

Global air cargo grows 4% in April

Jun. 3 | Worldwide air cargo continued its momentum into April, growing 4% year-on-year. The increase in April, though lower than the 4.8% in the first quarter, “still points to serious business growth in air cargo,” said WorldACD in its latest traffic report. Worldwide...

ICAO partners with UN anti-terrorism body on aviation security, counter-terrorism

ICAO partners with UN anti-terrorism body on aviation security, counter-terrorism

May. 30 | The International Civil Aviation Organization (ICAO) and United Nations Counter-Terrorism Executive Directorate (UN CTED) have signed a new agreement to greatly enhance their cooperation and information sharing on border controls, aviation security, and...

Asian airlines enjoying robust cargo, passenger demand growth

Asian airlines enjoying robust cargo, passenger demand growth

May. 28 | Growth in international air cargo and air passenger demand progressed at an encouraging pace in April, driven by further expansions in global service and manufacturing sectors, according to traffic figures from the Association of Asia Pacific Airlines...

HKIA, Cathay Pacific airline announce steady cargo growth in April

HKIA, Cathay Pacific airline announce steady cargo growth in April

May. 21 | Hong Kong International Airport (HKIA) and Hong Kong-based Cathay Pacific group both recorded positive growth in cargo traffic in April year-on-year, even as passenger growth faltered. During the month cargo and airmail handled at HKIA rose 4.8% to 426,000...
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