Air Incheon (KJ) has launched a five times a week B767-300 freighter service from Incheon to Hanoi.Terminal operator Air Cargo Services of Vietnam (ACSV) is Air Incheon’s cargo handling partner at Hanoi.ACSV is providing a one-stop-shop ramp- and terminal handling service for all KJ flights through Hanoi.
Air Transport Services Group (ATSG) has delivered the first of two Boeing 767-300 converted freighters to Air Incheon under a six-year dry lease arrangement.
The South Korean carrier has also agreed to lease a second B767-300F, with post-modification delivery due in the latter half of 2018, from the US lessor group’s ATSG West Leasing subsidiary.
Air Incheon president and founder, YK Park said: “We are very excited about our new services to Hanoi, marking the beginning of the next stage in our global expansion plans. ACSV’s considerable experience in handling freighter operators VUN shipments makes it our ideal and long term service partner.”
Said BinhVuong Thanh, general director of ACSV: “We are very pleased to have been given the opportunity to assist Air Incheon in this important stage of their development, and look forward to creating a successful partnership together.”
ANA international cargo revenues on the rise in 2017
All Nippon Airways (ANA) saw domestic cargo dip in the 2017/18 financial year, ended in March, as international revenues soared.
ANA, which has 12 Boeing 767 freighters alongside its passenger aircraft fleet, recorded a 26.5% in international airfreight to ¥118bn, while domestic revenues were down 0.5% to ¥30.7bn. International freighter-only operations saw revenues rise 5.8% to ¥28.8bn.
Only last month, ANA announced that it is acquiring two Boeing 777 freighters in response to the “expanding market in Asia, China, and North America”.Earlier in March, ANA and Nippon Cargo Airlines (NCA) signed a Memorandum of Understanding (MOU) to build a strategic business partnership.
ANA already has a growing network of strategic partnerships in place, including with Lufthansa Cargo, United Cargo, SIA Cargo and Cargolux.
In its 2017/18 financial year statement, ANA said: “In domestic cargo service, although ANA has been capturing steady demand for cargo connecting to international routes, ANA worked to increase revenues by serving non-scheduled cargo flights on the Okinawa-Haneda route during the period of high demand for flowers from Okinawa.
“Overall, we saw slow demand as a whole throughout the fiscal year, and the decrease in volume of home delivery parcel services led to a weaker year-on-year performance in both cargo volume and revenues.” Further, “In international cargo service, automotive parts and electronics bound for North America and Europe showed steady growth. “Point of sale overseas, both volume and revenue from Japan increased year-on-year due to cargo from China and other parts of Asia bound for Japan performing well and capturing cargo from China to North America.”In its outlook to March 2019, the airline stated: “As for cargo service, ANA will work to capture new demand by enhancing basic quality and utilizing belly space of its extensive passenger flight route network.”
