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ANA Holdings joins PAL board of directors following share purchase

ANA Holdings joins PAL board of directors following share purchase

Jun. 4 | Image by rawpixel from Pixabay Philippine Airlines (PAL) has elected ANA Holdings, Inc. (ANA HD) senior advisor Ryuhei Maeda as a member of its Board of Directors, after the Japanese firm acquired a 9.5% share in the Philippine flag carrier’s parent...

IATA lowers 2019 profit forecast for air transport

IATA lowers 2019 profit forecast for air transport

Jun. 3 | The International Air Transport Association (IATA) has downgraded its 2019 outlook for the global air transport industry, noting how the business environment for airlines has deteriorated with rising fuel prices and a substantial weakening of world trade. The...

Air cargo markets erode further amid rising uncertainty

Air cargo markets erode further amid rising uncertainty

Jun. 2 | Air freight volumes for all regions showed the growing impact of adverse market movements that started last September as they fell both year-on-year and month-on-month in April 2019, according to WorldACD. For both incoming and outgoing air cargo, each...

Air cargo demand continues negative trend; passenger traffic posts solid growth

Air cargo demand continues negative trend; passenger traffic posts solid growth

May. 29 | Global air freight markets in April continued the negative trend in year-on-year demand that began in January, while the global passenger sector saw solid but “not exceptional rising demand” in the month, according to data released by the International...

Asia air freight feels US-China trade war pressure

Asia air freight feels US-China trade war pressure

May. 27 | The intensifying U.S.-China trade war has been putting pressure on the air freight industry, particularly in the Asia-Pacific region, as global volumes continued to decline in March, according to data from Airports Council International (ACI) World. ACI...

PH domestic freight forwarders airlifted 10% more cargo last year

PH domestic freight forwarders airlifted 10% more cargo last year

May. 25 | Image by PublicDomainPictures from Pixabay Cargo volume handled by Philippine domestic air freight forwarders grew 10% in 2018 to 88.802 million kilograms (kg) from the 80.73 million kg recorded in 2017, data from the Civil Aeronautics Board (CAB) showed. Direct...

Cathay sees challenges ahead as air freight demand on major trade lanes declines

Cathay sees challenges ahead as air freight demand on major trade lanes declines

May. 22 | Cathay Pacific and Cathay Dragon traffic figures for April 2019 showed an increase in the number of passengers carried and a drop in cargo and mail uplifted compared to the same month in 2018, according to Cathay Pacific Group. The two airlines carried...

Daily reporting of air carriers’ on-time performance a must

Daily reporting of air carriers’ on-time performance a must

May. 20 | The Department of Transportation (DOTr) has ordered the daily reporting of air carriers’ on-time performance (OTP) in several major airports in the country. DOTr on May 17 said OTPs are measurement of airlines’ operational efficiency in meeting its...

Cebu Pacific ordered to develop measures to avoid flight cancellations

Cebu Pacific ordered to develop measures to avoid flight cancellations

May. 20 | Due to the recent spate of flight cancellations by Cebu Pacific, the Civil Aeronautics Board (CAB) has ordered the low-cost carrier to submit within 30 days a concrete plan detailing corrective measures in its operations to prevent inconvenience to passengers. The...

Beijing’s new airport outfitted with advanced radars

Beijing’s new airport outfitted with advanced radars

May. 20 | A number of advanced Chinese radar systems have been set up to provide faster and more accurate weather forecasts at Beijing Daxing International Airport, a multi-billion-dollar gateway in the capital expected to start operations this September. One of...
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