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Old April 6th, 2012, 09:45 PM   #281
nomarandlee
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Quote:
http://www.frommers.com/slideshow/?p...=AIRFARE#slide

The 10 Worst Airport Terminals

JFK Airport Terminal 3, New York City
Manila Airport Terminal 1, Philippines
Moscow Sheremtyevo Airport Terminal B/C, Russia
Jomo Kenyatta International Airport, Nairobi
Paris -- Charles de Gaulle Airport, Terminal 3
Amman Queen Alia Airport
LaGuardia Airport US Airways Terminal, New York City
Newark Airport Terminal B
"Paris" Beauvais Airport, France
Chicago Midway Airport
...

Quote:
http://www.frommers.com/slideshow/?p=1&&group=785

Uplifting Arrivals

By Sascha Segan

Jeddah Hajj Terminal, Jeddah, Saudi Arabia
Leif Eriksson Air Terminal, Keflavik, Iceland
Seoul Incheon Airport, Incheon, South Korea
Wellington Airport "Rock" Terminal, Wellington, New Zealand
JFK Terminal 5, New York, NY
Singapore Changi International Airport Terminal 3
Marrakech Menara Airport Terminal 1, Marrakech, Morocco
Madrid Barajas Terminal 4
Carrasco International Airport, Montevideo, Uruguay
Bilbao Airport Main Terminal
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Old April 14th, 2012, 06:49 AM   #282
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A postscript article from the same news website..

How to Survive the World's Longest Flights

Quote:
Every frequent flyer has a trick or two for every plane ride, from the simple (wearing earplugs) to the extreme (purchasing the knee defender, a contraption that restricts the seat in front of you from fully reclining). When you're on a 15-plus hour flight, precautionary measures and onboard actions can make your travels more bearable. Having profiled the world's longest flights by duration, U.S. News Travel hopes to ease your trips with 10 useful tips.

10. Charge up your gizmos
For many flyers, portable electronics (and the batteries that sustain them) act as lifelines. Staring into small colorful screens can calm nervous travelers and keep children occupied. But your gadgets are no good unless they can survive the flight's entire duration, which requires ample battery power. Although the top carriers provide passengers with personal entertainment systems loaded with hundreds of films, television programming, and games, this option may not satisfy everyone. If you're a tech addict, charge all of your own devices before you board.

9. Carry layers
You may not be headed to the North Pole, but you should bring layers on long flights. Onboard temperatures can vary, so the ability to shed or to don clothes mid-flight is useful. Plus, you can use large sweaters and coats as blankets and pillows.

8. Prepare for kids
Taking charge of other people's screaming and kicking children is not your job. But sometimes, polite parental assistance can do wonders. Bring a small, cheap toy along and hand it to the bored, frustrated toddler. Or promise the youngster behind you a cash reward at the end of the flight if he refrains from kicking your seat. With crying babies, you're just out of luck. But a good set of ear plugs should do the trick.

7. Bring your medication
You have no control over what pet dander, perfumes, or other airborne irritants your fellow passengers bring on board. If you have allergies, be prepared by either medicating before take-off or having your meds easily accessible in flight. The same goes for those with other conditions-such as migraines-which you might experience on an aircraft. Remember: There's no pharmacy on board. Also, carry any prescribed meds in their original containers in case TSA officials question you about them.

6. Wear appropriate shoes
Feet tend to swell at high elevations, making shoes uncomfortable. There are several ways to relieve the pressure: Wear relaxed-fit or slip-on shoes, hydrate before and during the flight, walk down the aisles, and don't cross your legs. Removing your shoes for trips to the lavatory should not be one of these tactics. This will expose your (possibly stinky feet not only to bacteria on the floor, but also to fellow travelers.
More:
http://news.yahoo.com/survive-worlds...213004408.html
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Old April 16th, 2012, 05:25 AM   #283
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Is it really right to say Beauvais Airport to serve Paris? seem too far away.
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Old April 25th, 2012, 06:18 PM   #284
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Skytrax World's Best Airports in 2012

Skytrax World's Best Airports in 2012

2012 (2011)
1 Incheon International Airport (3)
2 Singapore Changi Airport (2)
3 Hong Kong International Airport (1)
4 Amsterdam Schiphol Airport (6)
5 Beijing Capital International Airport (5)
6 Munich Airport (4)
7 Zurich Airport (7)
8 Kuala Lumpur International Airport (9)
9 Vancouver International Airport (12)
10 Central Japan International Airport (11)

Best Airports by Size of Airport
over 50 million passengers (Global Rating)


1 Hong Kong International Airport (3)
2 Beijing Capital International Airport (5)
3 London Heathrow Airport (11)
4 Tokyo International Airport Haneda (14)
5 Frankfurt Main Airport (15)
6 Dubai International Airport (26)
7 Denver International Airport (44)
8 Dallas/Ft Worth Airport (49)
9 Hartsfield-Jackson Atlanta Int'l Airport (59)
10 Paris Charles de Gaulle Airport (78)

[From Skytrax Webpage]

Incheon International Airport has been named as the World's Best Airport at the 2012 SKYTRAX World Airport Awards™ held at Passenger Terminal EXPO in Vienna.

Voted for by air travellers across the globe, this is the second time that Incheon International Airport has won the top award, the last in 2009. "We offer huge congratulations to Incheon on winning the World's Best Airport award. After analysing survey data, we see that consistency of the passenger experience at Incheon International Airport is behind this years success." said Edward Plaisted, Chairman of SKYTRAX. "Across the World Airport Survey, Incheon International Airport achieved top 5 finishes across 8 of the 10 eligible categories, which is a remarkable achievement".

Singapore Changi Airport finished 2nd in the challenge for World's Best Airport title, and achieved success in winning awards for the Best Airport for International transit passengers, and the Best Airport for Leisure Amenities. Singapore Changi Airport continues to be popular with transit passengers, with around 75 per cent of votes coming from passengers transferring through Singapore. The well thought out and quite unique leisure facilities including a swimming pool, open gardens and cinema continue to a be a driving force behind Changi's success as one of the world's leading transfer airports.

Hong Kong International Airport (HKIA), the 8 time overall winner of world's Best Airport award secured 3rd place this year. There was consolation for HKIA in picking up the very competitive awards for Best Airport Dining Experience and Best Airport Terminal Cleanliness. "HKIA has ranked amongst the top 3 airports globally for the last 10 years and recognition for its dining and cleanliness standards clearly indicate that it continues to work hard to maintain the highest levels of customer satisfaction. Passengers were particularly impressed with the variety of Asian and International dining options both landside and airside in the terminals" said Edward Plaisted.

Amsterdam Schiphol Airport returned to the top 5 this year, taking 4th place in the overall rankings and winning the award for Best Airport in Europe. "We offer our sincere congratulations to Amsterdam Schiphol and its management on another year of success. Consistent performance in both the leisure and transit airport categories indicates that Schiphol is considered the premier airport in Europe for transfer passengers. The open airside environment for passengers in transit was a repeated reason given by respondents voting in the survey." said SKYTRAX.

Beijing Capital International Airport (BCIA) again achieved 5th place in the global rankings. This consistency ensured that BCIA took the prize for Best Airport China and completed a hat-trick in the category, having also won the award in 2010 and 2011. There was additional success for Beijing Capital International Airport, winning the award for Best Airport Baggage Delivery. "BCIA passenger numbers have continued to rise over the last year, but this has not impacted the overall level of customer satisfaction. In areas such as baggage delivery and security processing BCIA performs to an excellent standard and planned infrastructure improvements over the next 12-months should further enhance customer satisfaction." said Edward Plaisted.
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Old April 27th, 2012, 02:34 PM   #285
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Interesting trivia on plane seats...

Revealed: the most popular seat on a plane

Quote:
If you're keen to avoid sitting next to your fellow passengers on a flight, you should head for the back of a plane and an odd row number, a new study has suggested.

Flight comparison site Skyscanner revealed the results of its poll of 1,000 travelers' seat preferences this week, concluding that 6A is the most sought after seat on a standard aircraft.

Why? Well, it's a window seat close to the front of the plane, as well as being on the left hand side, which the site says passengers prefer because the window spacing allows a section of wall space for them to rest their heads on.

That means that for the rest of us, there are plenty of other seats which will be less popular, with Skyscanner reporting that a whopping 45 percent of travelers said that the first six rows at the front were their favorite.

The back of the plane was much less popular, although seven percent admitted that they would choose the back-most row -- perhaps in the knowledge that statistically, it's the safest place to sit.

Well over half (62 percent) of travelers preferred an even rather than odd seat number, Skyscanner found.

The least popular seat, around which travelers are likely to find the most space, is on the right-hand side towards the back of the aircraft (31E, on Skyscanner's plane).

Perhaps unsurprisingly, it's a middle seat, unsurprisingly the least popular location to be seated, with 40 percent wanting an aisle seat and 60 percent preferring the window.
http://ph.she.yahoo.com/revealed-mos...l?_device=full
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Old April 28th, 2012, 07:03 AM   #286
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Quote:
Originally Posted by ad50939 View Post
Skytrax World's Best Airports in 2012

2012 (2011)
1 Incheon International Airport (3)
2 Singapore Changi Airport (2)
3 Hong Kong International Airport (1)
4 Amsterdam Schiphol Airport (6)
5 Beijing Capital International Airport (5)
6 Munich Airport (4)
7 Zurich Airport (7)
8 Kuala Lumpur International Airport (9)
9 Vancouver International Airport (12)
10 Central Japan International Airport (11)

Best Airports by Size of Airport
over 50 million passengers (Global Rating)


1 Hong Kong International Airport (3)
2 Beijing Capital International Airport (5)
3 London Heathrow Airport (11)
4 Tokyo International Airport Haneda (14)
5 Frankfurt Main Airport (15)
6 Dubai International Airport (26)
7 Denver International Airport (44)
8 Dallas/Ft Worth Airport (49)
9 Hartsfield-Jackson Atlanta Int'l Airport (59)
10 Paris Charles de Gaulle Airport (78)

[From Skytrax Webpage]

Incheon International Airport has been named as the World's Best Airport at the 2012 SKYTRAX World Airport Awards™ held at Passenger Terminal EXPO in Vienna.

Voted for by air travellers across the globe, this is the second time that Incheon International Airport has won the top award, the last in 2009. "We offer huge congratulations to Incheon on winning the World's Best Airport award. After analysing survey data, we see that consistency of the passenger experience at Incheon International Airport is behind this years success." said Edward Plaisted, Chairman of SKYTRAX. "Across the World Airport Survey, Incheon International Airport achieved top 5 finishes across 8 of the 10 eligible categories, which is a remarkable achievement".

Singapore Changi Airport finished 2nd in the challenge for World's Best Airport title, and achieved success in winning awards for the Best Airport for International transit passengers, and the Best Airport for Leisure Amenities. Singapore Changi Airport continues to be popular with transit passengers, with around 75 per cent of votes coming from passengers transferring through Singapore. The well thought out and quite unique leisure facilities including a swimming pool, open gardens and cinema continue to a be a driving force behind Changi's success as one of the world's leading transfer airports.

Hong Kong International Airport (HKIA), the 8 time overall winner of world's Best Airport award secured 3rd place this year. There was consolation for HKIA in picking up the very competitive awards for Best Airport Dining Experience and Best Airport Terminal Cleanliness. "HKIA has ranked amongst the top 3 airports globally for the last 10 years and recognition for its dining and cleanliness standards clearly indicate that it continues to work hard to maintain the highest levels of customer satisfaction. Passengers were particularly impressed with the variety of Asian and International dining options both landside and airside in the terminals" said Edward Plaisted.

Amsterdam Schiphol Airport returned to the top 5 this year, taking 4th place in the overall rankings and winning the award for Best Airport in Europe. "We offer our sincere congratulations to Amsterdam Schiphol and its management on another year of success. Consistent performance in both the leisure and transit airport categories indicates that Schiphol is considered the premier airport in Europe for transfer passengers. The open airside environment for passengers in transit was a repeated reason given by respondents voting in the survey." said SKYTRAX.

Beijing Capital International Airport (BCIA) again achieved 5th place in the global rankings. This consistency ensured that BCIA took the prize for Best Airport China and completed a hat-trick in the category, having also won the award in 2010 and 2011. There was additional success for Beijing Capital International Airport, winning the award for Best Airport Baggage Delivery. "BCIA passenger numbers have continued to rise over the last year, but this has not impacted the overall level of customer satisfaction. In areas such as baggage delivery and security processing BCIA performs to an excellent standard and planned infrastructure improvements over the next 12-months should further enhance customer satisfaction." said Edward Plaisted.
Singapore is below 50 mil passengers a year? Shocking.
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Old April 29th, 2012, 07:38 AM   #287
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ACI has not yet published its full list for 2011. But for 2010, the 50+ million Asia airports were Beijing, Tokyo Haneda, and Hong Kong. Dubai followed closely behind at 47 million. Further down the list were (in order of traffic) Bangkok, Singapore, Guangzhou, and Shanghai Pudong.
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Old April 30th, 2012, 04:50 PM   #288
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Quote:
Originally Posted by krnboy1009 View Post
Singapore is below 50 mil passengers a year? Shocking.
Changi has only recently become a 40+ million (passenger) airport just last year or the one before.
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Old May 24th, 2012, 01:54 PM   #289
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hey guys check on wiki v-formation, mythbusters confirmed it, it does work
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Old May 25th, 2012, 04:57 AM   #290
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Incheon Airport named World's Best for 7th year
(Chosun Ilbo, May 25)


Quote:
Incheon International Airport was named the world's best airport for the seventh year running on Thursday at an event attended by around 500 guests in Singapore. The Airports Council International, an organization of around 1,700 airports around the world, announces its Airport Service Quality ranking every year.

"Incheon International Airport now faces new challenges," ACI secretary general Angela Gittens told the Chosun Ilbo before the award ceremony. It scored 4.95 out of five points, but competition is intensifying, she said, as rivals benchmark its achievements.

Singapore's Changi Airport came second with 4.86 points, while Beijing Capital International Airport overtook Hong Kong's Chek Lap Kok International Airport for the first time to take third place. Beijing Capital ranked fourth last year with 4.67 points, but scored 4.82 points this year. In 2008, it expanded its passenger terminal to handle 82 million visitors a year. Incheon can handle 44 million visitors a year.

Incheon also faces increasing opposition from European airports. "This year may be the last time we award the best airport prize," Gittens said.

The ACI's Asia-Pacific board of directors decided at a meeting on Wednesday to stop awarding the overall prize next year because European airports complained that Incheon dominates it even though there are many outstanding airports in the EU. But ACI will continue to award prizes according to region and airport scale.

http://english.chosun.com/site/data/...052500650.html
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Old May 26th, 2012, 05:07 AM   #291
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Greek airline receives licence to carry out flights to Georgia

The Civil Aviation Agency of Georgia has issued a licence to Greek airline AEGEAN AIRLINES to use air space and start direct flights between Greece and Georgia.
Thus, another airline will operate in Georgia from June 10.
AEGEAN AIRLINES will carry out Athens-Tbilisi flights twice a week.
The flights will be carried out by aircrafts of A 319 and A 320.

http://airlines.einnews.com/article/97517841
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Old May 26th, 2012, 05:11 AM   #292
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Alitalia to Start Service to Tbilisi


After long and efficient negotiations with Alitalia, TAV Georgia managed to convince Italy’s largest air carrier to start regular flights from Rome to Tbilisi in the forthcoming summer season. Italy’s largest and the world’s 19th largest company is expected to operate at least two flights per week. Ticket prices are not certain yet, but will be finalized within a few months.

With a fleet of 150 airplanes, Alitalia performs flights to 28 local and 62 international destinations in 41 countries worldwide as for November 2011 and soon Georgia will be added to this list.

Speaking of the significance of the flight, TAV Georgia’s General Manager Mr. Mete Erkal said: “The direct Rome-Tbilisi flight will not only strengthen trade-commercial ties between the two countries, but will also increase the possibility for Georgian travelers to roam around many countries worldwide. Each new air company entering the Georgian air market is one more step ahead toward tourism development, something TAV Georgia always meets with pleasure and appreciation.”

Up to today the only way to travel to Italy for Georgians was via third countries.

Over the past year air companies Air Astana, China Southern Airlines, Ata Airlines, Taban Airlines, Ural Airways, Fly Dubai and Air Cairo have entered the Georgian air market and Qatar Airways will start operations in February 2012.

http://www.messenger.com.ge/issues/2..._Alitalia.html
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Old June 5th, 2012, 06:04 AM   #293
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Qantas faces twin challenges from Asia this week as Singapore Airlines' low-cost offshoot Scoot launches flights to Sydney and China Southern cranks up its "Canton Route" to London.


Scoot tomorrow launches daily flights from Sydney and next week five-times-a-week services from the Gold Coast using Boeing 777-200 aircraft.


It is promising fares 40 percent below full-service airlines that include taxes and surcharges but not "ancillary" items such as meals, drinks, entertainment and checked luggage.


Its arrival heralds another player in the already competitive long-haul, low-cost carrier market to Australia serviced by Jetstar International and AirAsiaX.


It also gives Singapore Airlines, which flies full-service flights to major Australian airports and is a major stakeholder in Tiger Airways Australia, an additional foothold in the market.


China Southern has already been promoting its "Canton Route" alternative to the Qantas "Kangaroo Route" to Europe with low fares via its Guangzhou hub. These include return economy fares from the east coast to London as low as AU$1500 and business-class fares from AU$5066.


It says travel time to London is as low as 26 hours, including the stopover in Guangzhou, equivalent to travel through other Asian hubs such as Singapore and Bangkok.


While the airline offers just three services on the route a week, which is below the daily service threshold generally seen as essential for business traffic, it has been recruiting Australian crew and has said it wants to triple its services to Australia.


It currently operates 11 flights a week between Sydney and Guangzhou, 10 from Melbourne.


The move comes as Australia sees big increases in tourism from China.
http://www.wcarn.com/cache/news/19/19579.html
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Old June 5th, 2012, 06:05 AM   #294
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Shenzhen Airlines Company Limited has signed a passenger service agreement with several other domestic airlines. According to the agreement, Shenzhen Airlines will inform travelers updated flight information via text messages in case of sharp changes of weather conditions. This service is available for all the travelers who have purchased tickets from Shenzhen Airlines ticketing system and left their cell phone numbers as well.

Besides, the provisions of the agreement say that in case of flight delays or cancellations, agreement parties are obligated to accept willing travellers from other airlines unconditionally, as long as vacant seats are available.

http://www.wcarn.com/cache/news/19/19585.html
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Old June 8th, 2012, 07:17 AM   #295
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China Southern Airlines Co Ltd began flying between London Heathrow Airport and Guangzhou on Wednesday, the first flight to go from Britain to the capital of Guangdong province.

The company now has three direct flights to Guangzhou leaving from London Heathrow Terminal 4 on Wednesdays, Fridays and Sundays each week.

The new route is expected to boost trade between China and the United Kingdom.

"The launch of the Guangzhou-London air service marks a bold step forward in China Southern's development in the London marketplace," said Si Xianmin, president of China Southern Air Holding Co and chairman of China Southern Airlines.

The direct flights between Guangzhou and London also help passengers who transfer to other planes on their way to places in Europe, Australia or New Zealand.

"This new air service will serve as an air bridge that connects Europe with China and Australasia," Si said.

The company said it plans to have 110 flights a week going to Australian cities by the end of 2015, up from 42 now. China Southern carried about 600,000 passengers to Australia in 2011.

A330-200 aircraft, made by the France-based Airbus SAS, are flying the new London-Guangzhou route, offering first, business, premium economy and economy levels of service.

The new flights are expected to also prove convenient to Chinese sports fans who will fly to London for the Olympic Games this summer.

"It is great news for the UK that China Southern is opening up a new route between Heathrow and Guangzhou," said Colin Matthews, CEO of BAA Airports Ltd, which owns five airports in the UK including London Heathrow.

"We are delighted that China Southern has chosen Heathrow, and we would like to welcome more flights from China Southern and other airlines that could bring jobs and growth to the UK."

The world economy's center of gravity is shifting and Britain should forge more links with China and similar economies, Matthews said.

While Britain adds one new route to China in 2012, other European countries will have planes flying on seven additional routes to China's interior.

Other airlines in emerging economies have expressed a desire to add flights at Heathrow, but have been prevented from reaching that goal by the airport's lack of the departure and landing slots they need.

China Southern Airlines has more than 450 airplanes in its passenger and cargo operations, including US-based Boeing Co 777s, 747s, 757s, 737s and Airbus 380s, 330s, 321s and 320s.

According to company figures, the airline carried 80.7 million passengers in 2011, 5.5 percent more than a year earlier, making it the largest airline in Asia measured by passenger numbers.


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http://europe.chinadaily.com.cn/busi...t_15486315.htm
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Old June 8th, 2012, 08:20 AM   #296
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On the afternoon of Jun 6, 2012, China Cargo Airlines Limited (China Cargo Airlines), a subsidiary of China Eastern Airlines Corporation Limited (China Eastern), formally announced the intention to the public at the 2012 Air Cargo China Exhibition and Conference, proclaiming that the airline plans to join the SkyTeam Cargo Alliance.


On behalf of the two parties, China Cargo Airlines General Manager Mr. Zhu Yimin and SkyTeam Cargo Alliance Executive Committee Chairman Mr. Cai Zhonghe signed the Letter of Intent. "China Cargo Airlines intends to officially join SkyTeam Cargo before the end of June, 2013", China Cargo Airlines General Manager Mr. Zhu Yimin said.

SkyTeam Cargo, founded in the year of 2000, is the sole global airline cargo alliance today. With nine airline members including Aeroflot Cargo, Aeroméxico Cargo, Air France Cargo, Alitalia Cargo, China Southern Cargo, Czech Airlines Cargo, Delta Cargo, KLM Cargo, and Korean Air Cargo, SkyTeam Cargo is currently the largest and the most reliable cargo alliance capable of providing services covering the widest areas in the world.


"This is a great era which witnesses dramatic transforms in both the air cargo services and manners. There are opportunities as well as risks. And there are challenges as well as difficulties. While China Cargo Airlines is perfecting and growing continuously in strict accordance with the criteria for joining the alliance, it also intends to deepen and enhance its cooperation and collaboration with first-class international airlines."



"We hope to learn from member airlines and take advantage of their advanced experiences to improve our management capabilities and to promote our international competitiveness. We intend to make progress and advance with member airlines hands in hands. We will complement each other to move forward and make progress with mutual benefits", said Zhu Yimin.



China Cargo Airlines, established in 1998, is based in Shanghai. It is China's first and the largest all-cargo airline operating dedicated freight services. As of May, 2012, the China Cargo Airlines fleet consists of 19 aircraft including 6 Boeing 777 air freighters, 5 Boeing 747 air freighters, 3 MD-11 air freighters, 2 Boeing 757 air freighters and 3 Airbus A300 air freighters.



China Cargo Airlines is currently operating 16 freight routes with destinations covering up to 20 main cities in Europe, America, and the Asian-Pacific region including Chicago, Atlanta, Dallas, Los Angeles, Paris, Milan, Amsterdam, Singapore, Bangkok, Hong Kong, Taipei, Osaka, Tokyo and Seoul.



Meanwhile, China Cargo Airlines operates both the international and domestic cargo services of the belly spaces of 360 passenger aircraft from China Eastern Airlines and Shanghai Airlines, reaching 30 countries and regions and providing services for more than 188 cities at home and abroad.


Joining SkyTeam Cargo conforms to China Cargo Airlines' strategic interests for long-term development and will definitely foster its transformation and development. After having been through great ebbs and flows in the aviation freight market over the previous years, China Cargo Airlines formally establishes the strategic objective of "Harmony of the Heaven and the Earth, Transformational Development."



In 2011, China Cargo Airlines reshuffled successfully with Shanghai Airlines Cargo Intl. Co., Ltd. and Great Wall Airlines Company Limited and became the largest air cargo airline in China.



After successfully merging and reshuffling with Shanghai Eastern Logistics Co., Ltd in 2012, China Cargo Airlines will become an aviation logistics company centered on air cargo while the range of its business will cover services like ground agent, truck transportation, express service, freight forwarding service, etc.


After China Eastern officially joined the SkyTeam Alliance in June, 2011, its subsidiary China Cargo Airlines also started the benchmarking work in time.


Since then, China Cargo Airlines carried out a series of work like the orientation training for joining the alliance, the popularization of alliance products, the improvement on service processes, the joining-up with alliance websites, and the promotion of brand images in strict accordance with the operation and management concepts and the service standards of the alliance. They are now fully prepared for becoming an official member of the SkyTeam Cargo in the near future.

http://www.wcarn.com/cache/news/19/19645.html
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Old June 10th, 2012, 07:39 PM   #297
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[IMG]http://i47.************/swvfqx.jpg[/IMG]
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Old June 11th, 2012, 03:01 PM   #298
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It's another bad year for airlines this year, according to the article below:

Airline industry profits to plummet in 2012: IATA

Quote:
Airline industry group IATA warned on Monday global profits would more than halve this year owing to surging oil prices and the eurozone crisis, with European carriers suffering losses of $1.1 billion.

Tony Tyler, head of the International Air Transport Association, also hit out at a controversial carbon tax scheme put in place by the European Union, lashing it as a "polarising obstacle to real progress".

Tyler told the group's annual general meeting in Beijing that "2012 is another challenging year. We expect revenues of $631 billion but a profit of just $3.0 billion."

That compares with a profit of $7.9 billion in 2011, IATA figures show.

Tyler cited the cost of oil as a reason for "anaemic global profitability" and IATA said it predicted an overall average price of $110 a barrel this year using Brent crude oil as a basis, warning political risks could push this up.

Tyler told the group's annual general meeting in Beijing that "2012 is another challenging year. We expect revenues of $631 billion but a profit of just $3.0 billion."

In a statement released as the AGM began Monday, IATA said it had downgraded its outlook for European airlines in 2012, projecting losses of $1.1 billion compared with its previous forecast of $600 million in losses.

The estimate comes despite figures showing 5.6 percent year on year growth in European passenger traffic in April and predictions global passenger numbers would rise to nearly 3 billion this year compared to 2.8 billion in 2011.

According to IATA estimates, North American carriers are likely to post profits of $1.4 billion in 2012, a slight improvement on the previous year due to strict management of airline capacity.

Carriers in the Middle East, however, are expected to see profits drop by more than half, as are those in the Asia Pacific region -- due in part to slowing Indian and Chinese economies.

Growth in China, the world's second largest economy, slowed to 8.1 percent in the first quarter of 2012 -- its slowest pace in nearly three years.
http://ph.news.yahoo.com/airline-pro...--finance.html
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Old June 12th, 2012, 06:53 PM   #299
sidney_jec
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just wondering has there been an extremely good year for airlines?
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Old June 13th, 2012, 03:46 PM   #300
the glimpser
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Quote:
Originally Posted by sidney_jec View Post
just wondering has there been an extremely good year for airlines?
I am not an expert but I believe why many airlines are strugging recently is mainly because of increasing competition and rising aviation fuel.

There were times that this wasn't the case.

According to Wikipedia, airline companies were growing by 5-6% annually until the 1990s.

Last edited by the glimpser; June 13th, 2012 at 03:53 PM.
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