Big Three US airline cargo revenues continue to shrink alongside margins and rates
Unveiling its numbers yesterday, American Airlines was the last of the Big Three US passenger ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
FOR RELEASE: Wednesday, September 7, 2016
FORT WORTH, Texas – Today, American Airlines Cargo launched a daily nonstop service between Los Angeles (LAX) and Hong Kong (HKG), connecting two of the world’s largest air cargo hubs. The new direct flight from LAX will complement American’s existing Dallas/Fort Worth (DFW) – HKG route which began in 2014.
The flight will be operated on the Boeing 777-300, a fuel-efficient, cargo-friendly aircraft, which is capable of carrying over 40 LD3 containers.
With this new flight, customers in Hong Kong and surrounding regions will now have even greater access to American’s network of over 200 destinations in North America and Latin America. Connecting through LAX, one of American’s key U.S. hubs, allows customers the ability to ship cargo to various points across the continent and beyond.
LAX offers HKG customers direct access to fresh goods and produce, while the U.S. and connecting markets will benefit from access to high-demand commodities in Asia, such as mechanical parts, garments and electronics.
“American continues to build a great network in Asia and the Pacific,” states Keijiro Ishii, American’s managing director of Cargo Sales – Asia. “Recently, we also started service to Tokyo-Haneda and Auckland. Demand for our cargo services is strong, not just to our hubs in the United States, but throughout our unrivalled network in Latin America.”
In HKG, American will continue to be represented by Antares International as the GSA and Hong Kong Air Cargo Terminals Limited (HACTL) as the handler.
Comment on this article