HIGHLIGHTS
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Sea-Intel: US$5B-US$10B lost to shippers due to delays
June 8, 2022 - Shipping delays due to persisting supply chain constraints are costing shippers worldwide anywhere from US$5 billion to...
IATA notes optimism for air cargo amid current market challenges
June 8, 2022 - The International Air Transport Association (IATA) signaled optimism about the recovery of the air cargo industry amid...
Cathay anticipates recovery of Hong Kong, global aviation in 18-24 months
June 8, 2022 - Cathay Pacific expects the aviation sector to bounce back in the next two years. In a statement welcoming the Hong Kong...
Hong Kong Airport receives inaugural ESG performance rating from S&P
June 3, 2022 - Airport Authority Hong Kong (AAHK) said it received an inaugural rating of 74 out of 100 for Hong Kong International...
Vessel delays, terminal congestion showing signs of improvement
June 2, 2022 - Vessel delays are finally abating somewhat, and the terminal congestion indicators are also showing signs of...
CLIVE: Air cargo volumes fall again in May as lockdowns, Ukraine war continued to hit
June 2, 2022 General air cargo market volumes fell 8% year-over-year in May, comparable to April, as the aviation industry&#...
Hapag-Lloyd acquires container liner business of Africa's Deutsche Afrika-Linien
June 1, 2022 Hapag-Lloyd announced that it closed the acquisition of the container liner business of German carrier Deutsche...
AAPA: Cargo traffic in April down for second month as geopolitical tensions, supply chain issues continued to hit
May 30, 2022 Asia Pacific airlines saw air cargo continue to post a decline in April as geopolitical tensions, inflationary...
Hong Kong further extends aviation relief package until July
May 30, 2022 Hong Kong is extending its relief package for the airport community for another two months to the end of July after...
Cathay adding back more freighter flights as Hong Kong eases flight crew restrictions
May 30, 2022 Cathay Pacific said May has been a "relatively positive" month for the carrier with the easing of fli...
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