NewsWeek
MOSCOW DOMODEDOVO International airport handled a total of 89,277 tonnes over the first half of 2012, up by 3.4 percent on the same six months of 2011.
DRAGONAIR, Cathay Pacific’s sister carrier, is to resume scheduled services to Haikou in China’s Hainan Province, launching daily A320 flights on the route on 28 October.
BOEING HAS SAID that it won business valued at more than US$37 billion over the week of the Farnborough Air Show, if all orders and commitments for a total of 396 aircraft are taken into consideration.
HONG KONG-HEADQUARTERED Kerry Logistics has opened a new 11,000m2 of Ho Chi Minh City, Vietnam.
warehouse in the Song Thang area Cathay faces tough market
CATHAY Pacific and sister carrier Dragonair flew 127,698 tonnes of cargo and mail in June, down by 75.4 percent on the same month of 2011. Cargo and mail traffic fell
by 7.1 percent year-on-year to 734.3 million tonne-km, while capacity was down by just 5.2 percent to 1.1 billion tonne-km. As a result, the load factor fell by 1.3 percentage points to 65.7 percent. “There was no uptick in
demand out of our key mar- kets in June,” observes James Woodrow, Cathay Pacific gen- eral manager cargo sales and marketing. “The fall in cargo tonnage was not as sharp as in previous months of 2012, but that reflects the weakness of the cargo market at the same time last year. “Traffic within the Asia
Pacific region continued to hold up well while the transpa- cific routes were spurred by the shipment of cherries from the US,” he pointed out.
SCOTTISH Widows Invest- ment Partnership has announced that its Airport Industrial Property Unit – which owns and manages air- port-related warehouses – has signed a pre-let agreement with air service provider dnata for a new cargo warehouse at London Heathrow Interna- tional airport. Paul Cole, interim CEO of
dnata UK, said: “This invest- ment marks a step change in dnata’s cargo capacity in the
LONDON Heathrow airport handled 125,013 tonnes of cargo last month (June), down by 0.6 percent on the same month of 2011. This volume represented an
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Woodrow: “there was no uptick in demand ... in June”
“Given the continued
weakness of the market, our priority remains to manage capacity in line with demand,” Woodrow concluded. Over the first half of this
year, the Hong Kong-based carriers flew 10.1 percent less cargo and mail tonne-km, while capacity was reduced by 4.3 percent year-on-year. The average load factor fell by 4.1 points to 64.3 percent.
dnata grows London capacity ...
UK market ... and will be the vehicle for our future growth in this important market.” The 13,146m2
warehouse
will complement dnata’s exist- ing facilities and will be located opposite Heathrow’s cargo terminal and the British Airways World Cargo Centre. Subject to planning, work is expected to start later this year. A further 6,500m2
of ware-
housing could be developed on the remaining 1.4 hectares at the site.
... but Heathrow suffers small downturn
improvement over the average for the first six months of this year, however. The January - June throughput figure of 725,974 tonnes was down by 2 percent year-on-year.
23 July 2012
This week’s edition of aircargoTV, produced by Air Cargo Week publishers The A-Z Group, considers the European Court’s decision not to allow freight forwarder DB Schenker to intervene in an appeal by airlines fined by the European Commission for price-fixing. Other details on this story can be found on page 10 of this issue of ACW. aircargoTV this week also looks at the reported decision
of Chinese premier Wen Jiabao to encourage investment in the country’s logistics business. According to China’s official news agency, Xinhua, Wen intends to use a variety of mea- sures to stimulate mergers and acquisitions in the sector.
Another story covered in both aircargoTV and ACW(see
page 1) relates to a warning proffered by the Irish Exporters Association that, should the Irish government sell its stake in flag-carrier Aer Lingus, that might very well threaten Ire- land’s valuable trade with the US. The Association has “strongly recommended” that the government hang on to its share of the airline. Finally, aircargoTV analyses the latest DHL investments in
the Far East – both in facilities located in the region and in freighter operations connecting Asia Pacific with the rest of the world. The express services provider is making no secret of the value in which it holds that particular market.
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