In an industry as cyclical as the airfreight sector, good news is usually followed by a period of mild trepidation. “If demand is up one month, surely it will fall the next months,” goes the general wisdom of veteran air carrier executives who know how the airfreight rollercoaster works. So, after the bump in airfreight traffic last summer due to the Hanjin bankruptcy, followed by an unusually strong peak season in late 2016, most carriers and forwarders braced for the impact of the winter doldrums that tend to negate the happy feelings of the holiday shopping season.

Ho Chi Minh City, July 25, 2017: Japan Airlines (JAL) and Vietjet today reached a formal partnership agreement with the aim of improving customer convenience and the quality of operations and services while enhancing the corporate value of both companies.

The Asia-Pacific airfreight market is still red hot, and the latest numbers from the Association of Asia Pacific Airlines (AAPA) show that despite an increase in offered freight capacity of 4.8 percent in June, load factors for the month rose 3.1 percentage points to 66.2 percent.

Cargolux’s new strategic plan will concentrate on building a more flexible fleet whilst the carrier will also embark on a wholesale digitisation project.