Cathay Pacific and its major shareholder Swire Pacific have sold their shares in Hong Kong Air Cargo Terminals Limited, which is building a new HK$5.5bn (A$865m) state of the art cargo terminal at Hong Kong International Airport. Cathay owned a 10 per cent stake in the company, which came after the airline’s services division was
The International Air Services Commission (IASC) has granted an application from Qantas to will allow it to operate unlimited cargo services to and from Korea, while it has also been granted a separate determination allowing China Eastern Airlines to codeshare on Qantas services. The IASC has granted Qantas a 10 year allocation of unlimited cargo
Japan Air Lines and Air New Zealand are the latest airlines to face prosecution from the Australian Competition and Consumer Commission (ACCC)’s long running investigation into air freight surcharges. Both airlines are accused of entering into arrangements with other carriers regarding fuel and security surcharges on air cargo between 2002 and 2006. Both carriers are
Qantas has lodged an application with the International Air Services Commission (IASC) seeking unlimited capacity and frequency for cargo services to South Korea. In its application, the airline states that it plans to operate services on a Sydney-Seoul (Incheon)-Anchorage-Chicago service utilising a Boeing 747-400 Freighter operated by Atlas Air. The IASC has made a call
Airlines PNG has announced that it is wet leasing a Lockheed L100 Hercules to provide outsize cargo lift for a liquefied natural gas project. In an arrangement with Alaskan based Lynden Air Cargo and Australian charter broker Adagold Aviation, Lydnen will operate the Hercules under the operational surveillance of Airlines PNG. The aircraft will be
Cathay Pacific and Dragonair have released their joint operating statistics for March, showing an appreciable rise in both passenger and freight traffic for the month. Passenger numbers increased by six per cent over the month to 2.22 million, while load factor increased to 85.7 per cent, a rise of 6.6 percentage points as capacity fell
