AAPA publishes preliminary traffic results for April Preliminary April 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger markets were battered [...]
South Korean flag carrier swallow net loss of 736.86 billion South Korean flag carrier Korean Air posted a first quarter net loss of 736.86 billion won (US$598 million) for the [...]
Cargo-only passenger aircrafts contribute 24% to freighter movements In April, cargo throughput at Hong Kong International Airport (HKIA) dropped 14.2% compared to the same month last year, to 338,000 t. [...]
Airline Group combats Covid-19 with new strategies and programs The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations [...]
Revenues drop only 1%, prove steady business strategy Yang Ming Marine Transport Corporation (Yang Ming) held its 346th Board Meeting on 13th May to approve its Q1 financial report of [...]
We are excited to announce that our logistics network just expanded with a new member in: BUSAN, SOUTH KOREA. We want to welcome our newest member to the Alfa Logistics [...]
Rate levels stayed relatively stable despite corona chaos The European road freight industry was thrown into near-chaos by the social lockdowns, but first-quarter road freight rates held up and new [...]
CEO fears for the worst as airline loses €1 million per hour “Our company has gone back in time, to where it started in 1955 – a decade after the [...]
Analyst warns for distorted figures Container freight rates have yet to see any significant erosion, despite the coronavirus pandemic’s stranglehold on demand. But the aggressive blanking programmes of carriers is [...]
