DHL Worldwide Express last year saw the strongest volume growth of the four main express carriers operating in Hong Kong.
While general air cargo at Chek Lap Kok airport fell 8 per cent year on year, express volume jumped 9 per cent, aided in part by DHL’s March move of its intra-Asia hub to the SAR from Manila.
Airport sources said DHL easily eclipsed the facility’s overall growth figure, but would not say by how much.
British Airways (BA) has unveiled a major package of measures designed to return the airline to profitability which will see a further 5,800 job losses on top of the 7,200 already announced. The 13,000 job losses amount to 23 per cent of the carrier’s work force.
Read MoreLeading airfreight forwading company Federal Express, has pledged to remain committed to the Malaysian market and build even a stronger presence in the country.
Managing director of Federal Express Services (M) Sdn Bhd (Malaysia and Brunei) Ramesh Kumar Singam said it expects to achieve this by providing the best of products while enhancing its security features for the interest of its customers.
The Italian government wants to retain a 51% stake in Alitalia for another two years. Cur ently, the state owns 53 % of the airline. The move has put an end — at least for the time being to the protracted wrangling about the privatisation of the airline, which, in the year 2000, led to Alitalia’s spectacular ‘divorce’ from former partner KLM Royal Dutch Airlines. This move, which has the sanction of the labour unions, always a force to be reckoned with in Italy, is compatible with the longterm aim of putting the airline on a sound financial footing, a prerequisite for a successful privatisation.
Read MoreTNT Express has become the first express delivery company to provide daily door to door road services to and from Greece.
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