Tag: Air Transport

China Cargo Carriers act to vie with foreign rivals

Posted by | Aug 21, 2006 | |

Jade Cargo International Co., Ltd., a Sino-Germany carrier, made its maiden flight on August 17, part of efforts by Shenzhen Airlines Co., Ltd., the Chinese parent of the joint venture, to tap the cargo segment in China.

President of Shenzhen Airlines, China’s largest private airways, will take over as chairman of Jade Cargo, in which Lufthansa Cargo AG and DEG holds a stake of 25% and 24%, respectively. Shenzhen, a manufacturing center in southern China, will be the largest resource for the company.

Jade Cargo has chosen Swiss WorldCargo, the air cargo division of Star Alliance carrier Swiss International Air Lines, to be its partner for sales and services in major European markets, including France, Germany, Italy and Swiss.

Foreign investors are playing a leading role in China’s cargo market for a long time. Recently, however, state-run carriers and private companies have started to cast eyes on the market along with their expansion and hope to get a slice of the profitable market.

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Qantas launches Freight business

Posted by | Aug 16, 2006 | |

Qantas today announced the formation of a new wholly owned subsidiary domestic air freight business, Express Freighters Australia, to commence operations from October 2006.

The Chief Executive Officer of Qantas, Mr Geoff Dixon, said Express Freighters Australia would wet lease B737-300 freighter aircraft to Australian air Express (AaE) under a 12-year contract.

“This is a new and exciting business that is about growth for the Qantas Group,” Mr Dixon said.

“Express Freighters Australia will not only provide increased revenue, but also new employment for pilots and additional work volumes for Qantas engineers.

“We will commence operations in October with one aircraft and four pilots, growing to four aircraft and up to 40 pilots by March 2007.”

Mr Dixon said Qantas Engineering had been contracted to carry out the conversion of the B737-300 aircraft for the new business at its Avalon base, as well as provide through-life maintenance support for the aircraft.

He said Express Freighters Australia had already employed pilots under Australian Workplace Agreements (AWAs) for the start up of the new business.

“The pilots’ AWAs have pay rates and conditions in line with industry standards for freighter pilots,” he said.

“Growing our freight operations is a core strategy for the Qantas Group, aimed at diversifying and strengthening our revenue base,” Mr Dixon said.

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DHL changes negatively impact quarter's revenues for ABX Air

Posted by | Aug 11, 2006 | |

ABX Air Inc. on Wednesday reported revenues of USD 303.6 million and net earnings of USD 6.5 million, or 11 cents per share, for the second quarter.

The Wilmington-based company’s revenues declined USD 47.7 million and net earnings declined USD 300,000, or 1 cent per share, compared with the second quarter of 2005.

Earnings during the second quarter were negatively impacted by the reduction in truck line-haul management services provided to DHL, ABX’s largest customer

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China EMS Flies Abroad to Vie for Share

Posted by | Aug 7, 2006 | |

China Postal Airlines, a carrier under the country’s State Post Bureau, flied to Seoul, South Korean, from Beijing Capital Airport, the first international flight for the airline, which will bolster the competitiveness of China’s state-owned express services provider in the overseas express markets.

Insiders said that China Postal Airlines aims at facilitating Express Mail Service (EMS)’s development and competence in competing with the ambitious global giants.

EMS is the express service arm of China Post, the postal services provider under the wing of SPB.

UPS, FedEx, DHL and TNT now possess an absolute monopoly over the express market in global market, meaning China Postal Airlines must scale up investment in fleet, routes and transport capacity so as to rival them.

As a matter of fact, EMS has taken countermeasures to cope with the overheated competition at home and abroad.

Last year, it started to offer overnight and trans-regional operations, which are just fulfilled by the night flights launched by China Postal Airlines.

SPB has planned to construct a center for express and logistics distribution in Lukou Airport in the southern city of Nanjing and marked out 33 routes to the center from cities like Beijing, Guangzhou, Xiamen, Wuhan, Xi’an and Chengdu.

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China Post Airlines launch international cargo flight service

Posted by | Aug 4, 2006 | |

China Post Airlines launched its first international cargo flight service on Thursday, opening an air route from Beijing to Seoul in the Republic of Korea .

The airline, jointly owned by China Southern Airlines and China’s State Post Bureau (China Post), will extend its air routes to Europe and America as well as other countries in Asia when the time is ripe, the Xinhua-run Shanghai Securities News reported Friday.

Facing drastic competition at home from international delivery giants that have entered the Chinese express delivery market, the airline is trying to compete by entering the international cargo market, said the paper.

In line with its commitments to the World Trade Organization, China’s express delivery market was fully opened to competition in December last year. Now international delivery companies such as DHL, FedEx, TNT and UPS hold more than 60 percent of the domestic market.

The market share of China Post’s express mail service (EMS) has been shrinking, challenged not only by foreign players but also by private domestic companies, said the paper.

By April this year, private delivery services accounted for 80 percent of the country’s intracity express service and 50 percent of inter-provincial business.

In an effort to outrun its competitors, China Post last year introduced next-morning delivery and cross-region delivery, using overnight flights. China Post Airlines is the first domestic air company to fly overnight, the paper reported

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