news


IN BRIEF


THENEWLY COMBINEDcarrier comprising United Airlines and Continental Airlines flewa total of 267million revenue ton- miles inOctober, up by 4 percent on the samemonth of 2009.


QATAR AIRWAYS has begun a four times aweek connection fromits home hub of Doha to Hanoi. It has also upped the frequency of its operations to Ho ChiMinh City to daily. Elsewhere, the carrier has brought forward the intended start of its three times aweek service to Stuttgart to 6March next year.


LUFTHANSA Cargo reported an increase in freight and an improved load factor at the close of the third quarter of 2010, the period ended 30 September. FromJanuary to September, the carrier transported about 1.3million tonnes of freight. This represents a year-on-year increase of 19.4 percent. Measured by transported tonne-km, sales rose by 22.8 percent for the period.


NORWEGIAN Air Shuttle, the second-largest airline in Scandinavia, is to lease two widebody B787-8‘Dreamliner’ aircraft fromInternational Lease Finance Corp for a 12- year period for use on long- haul flights.


Boeingupdates cargoforecast


Boeinghas releasedthelatestupdateof its respected20-year industryprediction–the BoeingWorldAirCargoForecast – andit contains a lotofgoodnews. Air cargo traffic rebounded strongly beginning inNovember 2009 and the trend


continued through the first eightmonths of 2010, Boeing said. As a result,world air cargotraffic is expectedtoregainits 2007peakby the endof this year. “Economic activity – world gross domestic product – is the key driver of the air


cargomarket,”saidJerryAllyne,vicepresident, strategicplanningandanalysis,Boeing Commercial Airplanes. “Following the recession and a year of recovery, world economicgrowthis forecast toaverage 3.2percentover thenext twodecades.” The US aircraftmanufacturing giant predicts that, over the next two decades, air


freight trafficwill triple (at a base annual average of 5.9 percent per year),with long- haul routesoutofAsia andintra-Asiantrafficdrivingmuchof thisgrowth. In addition to world economic growth, Asian production fundamentals remain


solid and continued growth in Chinawill have positivemarket effects, aswill fewer barriers tointernational air trade,Allynewenton. Asian air cargo market growth will continue to lead all global traffic routes.


DomesticChinese andintra-Asianmarketswillgrow9.2percent and7.9percentper year, respectively.Asia-relatedmarketswillgrowfaster thantheglobal average. Such amassive expansion in freight tonne-kmis going to needmore aircraft and


Boeingpredicts that theworldfreighter inventorywillgrowbytwo-thirds,withabout 2,490newor convertedaircraft enteringtheworld’s all-cargofleets.


HONGKONGcargo handlerAsiaAirfreight Terminal (AAT) reported a tonnage throughput for October 2010 of 64,877 tonnes, a growth of 26 percent compared with the samemonth last year. The cumulative export


tonnage


handled by AAT fromJanuary to October was 410,736 tonnes, representing a 54 percent year-on-year growth.


6 AIR LOGISTICSCHINA


AATnotes slowdowninHongKonggrowth Total import tonnage for the same


period reached 163,887 tonnes, up by 23 percent comparedtothe sameperiodlast year,whiletranshipmentwas4,226tonnes, a 4 percent increase. But while noting a record high for


October,NelsonLee,AATgeneralmanager forcorporatedevelopment, said: “Thepace of tonnage growth is slowing.”


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