News
AirBridgeCargo Airlines has expanded its freighter services from Europe to Russia with a new route between Milan, Italy and Moscow.
DHL has opened its new DHL Eastern China Domestic Transportation Hub in Shanghai - part of a US$25 million investment to strengthen the company's expertise in China's domestic road transportation market.
The Northern Capital Gateway consortium - in which Frankfurt Airport owner Fraport holds a 35.5% share - is the preferred bidder to operate St. Petersburg Pulkovo Airport from 2010, following a tender process. The consortium beat two other bidders to the contract.
Although Guangzhou Baiyun International Airport is boosting its cargo handling capacity to 2.17 million tonnes per annum upon completion of airport expansion works, the impact on Hong Kong International Airport (HKIA) depends on its overall comparative competitive advantages, a government official said.
China will remove or reduce export taxes on a range of products - from grain and rice to metals and other materials - effective from July 1.