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HACTL on ‘roller coaster’ IN BRIEF


INDIA’S Jet Airways says it plans to resume daily non-stop flights to China by the end of 2011, offering widebody services between Mumbai and Shanghai. The carrier will also add flights to a number of cities including Tokyo, Seoul, Taipei and Paris from 1 April, as it begins to take delivery of ten A330 aircraft from SAS in the period up to the end of 2012.


ALL NIPPON Airways is to increase its cargo capacity by 2.6 percent over the 2010-11 financial year, by introducing larger aircraft with greater bellyhold capacity, as well as by launching extra flights from Japan to China and Asia.


BOEING has confirmed that the Chinese government has given final approval to US$19 billion worth of acquisition agreements covering aircraft to be delivered between 2011 and 2013. Both B737s and B777s are to be acquired by Chinese carriers over the period.


CHINA Southern Airlines will inaugurate a three times a week A330 service between Guangzhou and the New Zealand city of Auckland on 30 April.


HONG KONG Air Cargo Terminals Ltd (HACTL), the biggest cargo handler atHong KongInternational airport,processed a total volume of 2,899,603 tonnes of freight last year. That figure represented an increase of


24.8 percent and 14.5 percent over the amount of cargo processed in 2009 and 2008 respectively – and more than the handler’s previous recordthrough- put of 2,632,300 tonnes achieved in 2007. HACTL


executive


director Lilian Chan observed: that 2010 has been “an extraordinary year of roller coaster recovery fromthe global economic downturn. “Not only did our annual tonnage result


THE END OF 2010 was a tough one for the aviation industry aroundtheworld. Despite a year-end that saw


Aviation industry gets through a difficult year Nevertheless,


an IATA


heavy snow create massive problems for both passengers and air freight in Europe and North America, the industry seems to have entered 2011 in a positivemood. Certainly the InternationalAir


statement points out: “This slower growth does not necessarily signal a negative trend. It went on to say: “Even with


Bisignani: “more


Transport Association (IATA), whichmakesaregular checkonthehealth of the industry, believes there is roomfor optimism. Whileitsfigures forcargovolumesflown


hard work will be needed”


the decline seen in November, passenger and freight traffic are still expanding at annualised


ratesofbetween5and6percent, whichis inlinewiththehistorical growthtrend.”


As Giovanni Bisignani, IATA director


inNovember revealaslowdowningrowth, the association regards the data as no cause for alarm. There was a 5.4 percent year-on-year


increaseinair freightdemandinNovember, well down fromthe 14.5 percent year-on- year increaseofOctober. Cargotrafficfor themonthwasdownby 1.1percentonthat seeninOctober.


4 AIR LOGISTICSCHINA


general and CEO, observed: “The industry is shifting gears in the recovery cycle. Relative weakness in developedmarkets is being offset by the momentum of economic expansion in developing markets.” However, he also warned that airline


profit is expected to be a small 1.5 percent margin this year. “More hard work will be needed ... to


achieve sustainable levels of profitability,” Bisignani concluded.


reach pre-crisis level, but we alsomanaged to achieve a number of new handling records that made 2010 a year of unprecedentedsuccess forour teamhereat HACTL.” “With strong prospects for air freight in


the region,we arewellpreparedfor another busy year ahead,”Chan pointed out.


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