HEADLINE
Cathay Pacific Cargo remains ‘cautiously optimistic’ for 2020
In its regular newsletter to the industry – Cargo Clan – Cathay Pacific Cargo has looked back at what has been a particularly challenging year for any business based at Hong Kong International Airport (HKIA), as well as what can be expected for 2020. The continuing demonstrations and protests…
Read MoreCargo airports fly with e-commerce
The latest news regarding cargo airports comes from Montreal in Canada. Montreal’s Mirabel airport is gearing up for some infrastructure improvements. Canada’s federal government and the local airport authority have pledged to contribute altogether C$107m ($81.24m) to the project, which will go towards the construction of a 20,000 sq…
Read MoreMarginally better prospects seen for global airline industry in 2020
The International Air Transport Association (IATA) has forecast that the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit of $25.9 billion expected in 2019. Highlights of expected 2020 performance include: The return on invested capital is forecast to be…
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