Tag: Air Transport

JV for Cathay and Air China?

Posted by | Aug 28, 2006 | |

Cathay Pacific and Air China are looking to set up a joint venture cargo airline based in Shanghai.

The proposal is part of several areas of planned co-operation between the two, linked to Cathay’s impending takeover deal of Draqonair, which involves an exchange of shareholdings between Air China and Cathay Pacific.

That deal is expected to be completed within the next few weeks after the shareholders of Air China, Cathay Pacific Airways, China National Aviation Company (CNAC) and CITIC Pacific last week approved the proposed shareholding realignment.
A spokeswoman for Cathay Pacific told IPW that all that remained was for several administrative details to be finalised.
Details of the cargo joint venture and other possible areas of co-operation could be decided only once the broader deal was completed, she said.

“That [cargo joint venture] is just at the concept stage. But it will be a joint venture cargo airline.

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FedEx Express and ALPA Announce Tentative Labor Agreement

Posted by | Aug 27, 2006 | |

FedEx Express, a unit of FedEx Corp. (NYSE:FDX), and the Air Line Pilots Association, Int’l. (ALPA), the collective bargaining representative for FedEx Express pilots, jointly announced today that they reached a tentative agreement (TA) on a new labor contract on Saturday evening. Negotiations have been conducted under the guidance of the National Mediation Board since October 2005 and both parties acknowledged the Board’s support.

The new agreement is subject to review and finalization of contract language, which is expected to be completed shortly. Terms of the tentative agreement are not being released as they first must be reviewed and approved by the FedEx ALPA Master Executive Council (MEC). If approved, the TA will be subject to a ratification vote by about 4,700 FedEx pilots and if ratified, the four-year contract would become amendable in 2010.

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Postal Service Gains U.S. Market Share

Posted by | Aug 25, 2006 | |

The U.S. Postal Service, riding the wave of strong demand for its Priority Mail deferred air product, gained U.S. air market share in 2005 for the first time in three years, The Colography Group, Inc., said today in releasing its full-year 2005 analysis of the domestic U.S. air cargo market.

According to The Colography Group, the USPS’ share of the air shipment market increased to 37.7% in 2005, as compared to 37.1% in 2004. The Postal Service, the only carrier to gain shipment share year-over-year, grew its shipment base by 4.9% in 2005, by far the fastest growth of any domestic air competitor.

The Postal Services’ gains were attributable to a resurgence in Priority Mail, its two-to-three day delivery product which had fallen on three years of hard times following a 15% rate increase in 2002 that sent customers fleeing to competitors. Since then, however, the USPS has kept rates steady while its private-sector rivals have imposed annual price increases. In addition, USPS can pass on lower operating costs to its customers because it cannot by law impose surcharges to offset rising fuel costs. The result of both factors has been a widening price differential between low-cost Priority Mail and its competition, leading to increased demand from value-conscious shippers.

Not surprisingly, deferred air shipments showed healthy growth in 2005, rising 4.2% over 2004 levels. By contrast, overnight air traffic grew by less than half that at 1.9%. Priority Mail accounted for almost three-quarters of total growth in the deferred air shipment category.

Another highlight of 2005 was the overall performance of the domestic air market. In the last three quarters of the year, domestic air growth exceeded that of U.S. GDP, the first time in four years that has occurred. For the full year, air shipments grew by 3.2% to 2.5 billion shipments, with gains across all market categories: letters and envelopes, packages and freight. Revenue totaled $33.6 billion, a 5% increase over 2004 levels, a phenomenon driven largely by the impact of fuel and other surcharges on the carriers’ top lines.

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DHL Global Forwarding opens USD 3 million Logistics Facility at Cengkareng

Posted by | Aug 24, 2006 | |

DHL Global Forwarding, the air and ocean freight arm of DHL, today reaffirmed its long-term commitment in Indonesia with the opening of a USD 3 million state-of-the-art facility at Soewarna Business Park in Cengkareng, Jakarta.
The new 6,000-square meter facility will consolidate DHL Global Forwarding’s Jakarta logistics, office and administration operations into a single location, becoming DHL Global Forwarding’s largest office and logistics complex in Indonesia. The new facility complements DHL Global Forwarding’s existing network of seven offices and warehouses in Indonesia, including the recently opened logistics centers in Sunter and Balikpapan.
Located just minutes away from Soekarno-Hatta International Airport and less than 30 minutes from Tanjung Priok port, the new facility will provide a considerable time-to-market competitive advantage, especially for customers in the fast-moving consumer goods, electronics, pharmaceuticals and telecommunications industries.

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DHL Qatar named Best Agent of British Airways World Cargo

Posted by | Aug 24, 2006 | |

DHL Qatar, part of the international express and logistics solutions provider DHL, was awarded the Best Agent prize of the British Airways World Cargo division.

The award reflects DHL Qatar’s contribution to the growth of the commercial exchange between Qatar and the UK.

DHL Qatar recently launched an expansion investment plan worth 10 mln riyals (USD 2.75 mln/2.15 mln euro), aimed at widening its outlet network and innovating its express services.

Time Definite, which provides door-to-door delivery by an appointed time, is the most popular service among Qatari residents, the company said.

DHL (www.dhl.com), fully owned by Deutsche Post World Net since 2002, opened its first office in Qatar in 1979. At present, DHL Qatar employs 97 people and operates more than 25 trucks.

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