UPS says the new HKG facility will have the capacity to handle around 1 million tons of cargo annually, although the expected build cost has not been revealed.
The two largest remaining operators of the McDonnell Douglas-developed MD-11 freighter have announced plans to begin retiring their fleets of aging trijets.
Decision makers from IAG Cargo, MASkargo, UPS and Emirates SkyCargo have confirmed their attendance at the brand-new event dedicated to air cargo network development.
Vietjet Air ended pandemic-stricken 2020 with a VND70 billion ($3 million) post-tax profit, boosted by strong ancillary revenue which accounted for 50% of all income.
Over a year since the first COVID-19 cases were reported, airlines devastated by the pandemic are starting to see light at the end of the tunnel now that the rollout of long-awaited vaccines has begun.
Over 560 flights from Shanghai Pudong (PVG) were canceled as thousands of staff at the airport undergo COVID-19 tests after some cargo handlers contracted the virus.
Vietjet Air has announced a partnership with freight carrier UPS, allowing both airlines to leverage air cargo capacity on each others’ aircraft between the U.S. and Asia, and especially within Vietnam and Thailand.