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September 2010
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Cover Story Details
Air Cargo in Big Apple Upswing in the offing
T
he New York City is synonymous with Statute of Liberty and is the most populous metropolitan area which houses more than 8.2 million people. It is also the commercial hub of the world. The economic crisis hit the New York City the hardest. It was natural that the highly liberalized US economy bore the brunt of the crisis. The Chinese Sculptor Cheng Wen ling aptly depicted in its sculpture of the statue of liberty holding a book of Liberal economics in its hand and a gold bull attacking the statue and bending it rightwards. The real bend in US economy is recovering slowly and its GDP is expected to grow by 3.3 percent in 2010.
IATA estimates that the North American air carriers are improving efficiency, as result of growth in demand, capacity cuts and domestic mergers. “The 62$ billion top line improvement this year puts us about 75% on the way to pre crisis levels,” says Giovanni Bisignani, IATA director general and CEO.
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Wärtsilä and Tarbit Shipping sign contract to convert tanker to LNG operation for reduced NOX emissions
Etihad commences A 330-200 freighter aircraft services
FIATA to present Forwarders’ perspective at TIACA’s Air Cargo Forum in Amsterdam
Hactl Takes Home the 2010 HKMA Quality Award - Gold Award
Cargolux introduces fifth Trans Pacific service
DHL Disaster Response Team will assist to handle incoming relief goods at Islamabad airport
A330-200F deployed to to Pakistan for inaugural charter
Cargolux offering four weekly services to Taipei
Air Asia X makes a come-back with its 20% off deals for all seats to all destinations
EGYPTAIR receives first Airbus A330-300
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