NewsWeek Changi predicts tough times


ALBERT Lim, vice president, cargo/logistics development at Changi Airport Group, believes that Singapore’s air freight market in 2012 will be affected by the global econom- ic outlook. He noted: “The view at


this juncture is not very rosy. If it persists, it would certainly affect consumer sentiment and global


consumption


which will in turn affect the global air cargo sector.” Nonetheless, despite the


current economic challenges, there are several cargo carriers planning to add freighter ser- vices to Changi, in order to tap into growth opportunities in Asia, Lim said. “Some of our existing pas-


senger airline partners with established passenger opera- tions at Changi are also exploring opportunities


to


launch freighter operations. “We are working with our


Lim: “we are working with our carrier partners”


carrier partners to strengthen our connectivity to Asian des- tinations, particularly China, Australia and also in our natu- ral catchment of South-East Asia.” Lim said that transhipment


cargo – including air-air and sea/land-air


shipments – accounts for more than half of KenyaAirways adds Jeddahlink


KENYA AIRWAYS is to launch flights to Jeddah in Saudi Arabia on 18 October. Representing the carrier’s third destination in the Middle East, the Saudi city will be served twice a week by a B737-800 of the airline. Kenya Airways said that the


routeing highlights “ambitious growth plans” to expand its network. Indeed, group managing director and CEO Titus


Naikuni remarked: “It is testa- ment to our efforts to grow our network internationally so as to offer connectivity not just across Africa, but from Africa to the rest of the world through our Nairobi hub.” With regard to the pro-


gramme of expansion being followed by the carrier, he noted: “We are doing this by adding aircraft and establish- ing additional frequencies on the high traffic routes.”


the gateway’s freight traffic. In view of the importance


of transhipment for the air- port: “A key aspect of our strategy is our pursuit of cargo carriers Changi


that would offer additional


cargo


capacity to new and emerging markets. This would allow us to capture transhipment flows on new trade lanes. “Another aspect is develop-


ing new capabilities that would enable us to tap into other cargo market segments such as perishables cargo. For instance, the development of Coolport@Changi by SATS further enhances Changi’s value propositions for global perishables trade.”


AIR JAMAICA reinstated B737-800 services at a twice- weekly frequency between its Kingston home hub and Florida’s Orlando International airport on 15 September.


TWO ESTABLISHED third-party logistics providers, Sharjah’s Momentum Logistics and Scotland-based TPC Global have linked up to create Momentum-TPC, a joint venture designed to bring to the market a freight specialist focused on solutions for specific market sectors in Dubai and the UAE.


THE EU HAS LIFTED its ban on the use of European airspace by Libyan aircraft. The EU has also agreed to end an asset freeze on Afriqiyah Airways and to release funds held in the EU by Libyan companies, including Libyan Arab Airlines.


3 October 2011 Page 3


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