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Singapore is on the cargo carrier’s first scheduled route, signifying the airline’s commitment and confidence in the air cargo sector here Changi Airport Group welcomed AeroLogic, an airline formed from the joint venture between DHL Express and Lufthansa Cargo, at the JetQuay CIP Terminal in Changi Airport. AeroLogic is the third of five new carriers to start new operations at Changi Airport this year. AeroLogic’s commencement of operations to Singapore underscores the carrier’s and its joint venture partners’ commitment and confidence in the growth potential in air cargo traffic between Europe and Asia.
Aerologic commenced services into Singapore on 30 June 2009 with four weekly flights on the Leipzig – Bahrain – Singapore – New Delhi – Leipzig route. From Wednesday, 29 July 2009, the airline will operate 10 weekly flights on the same route. AeroLogic, is also the first carrier at Changi Airport to operate the B777 Freighter aircraft, with a payload of 103 tonnes. It increases the total capacity on the Singapore-Leipzig route by 16% to a total of 1,030 tonnes per week.
AeroLogic’s commencement of operations to Singapore is significant amid the current global economic downturn. The new B777 Freighter with a bigger capacity will put Aerologic in good stead to benefit from the region’s growth when the global economy recovers. Speaking at the welcome ceremony, Mr Lee Seow Hiang, Chief Executive Officer of Changi Airport Group said, “Singapore enjoys a superior position as an international transport and logistics hub. We provide our cargo partners with good infrastructure and great connectivity to global markets.” Mr Lee added, “The airfreight market is undergoing a very challenging time that is unprecedented. The cargo community is hit not only by the drop in demand but also a shrinking of yields. Changi Airport has not been spared, as Singapore is an open economy that is highly dependent on international trade. Despite the current challenge, we remain optimistic of the medium to longer term prospects of the airfreight market in Singapore and the Asian region. We believe that the industry will emerge from this current downturn even stronger. That is why air cargo will continue to feature strongly in Changi Airport Group’s development strategy. We are pleased that AeroLogic shares our confidence.”
With the addition of AeroLogic, Changi Airport is served by 85 scheduled airlines, via 4,610 weekly scheduled flights to 193 cities in 60 countries.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
