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While airfreight volumes out of Vietnam declined in July amid a lull in manufacturing, demand has returned as stakeholders diversify sourcing away from China due to supply chain disruptions caused by COVID-19 lockdowns. With a return in demand comes renewed investment from carriers expanding operations in Southeast Asia. On Nov. 2, Lufthansa Cargo doubled its ....
Supply chain disruptions in Asia over the past few months have created a shortage of raw materials and components needed for manufacturing production in Vietnam, affecting airfreight volumes out of the country. In fact, Sri Lanka-based forwarder EFL Global’s networks are down between 20% and 30% year over year, steadily declining since March 2022. Paired ....
Vietnam-based passenger airline Bamboo Airways has been operating cargo-only passenger freighters since shortly after beginning operations in 2019 and remains open to additional freighter services in 2022, even as passenger travel slowly recovers. Photo courtesy of Meantime Communications Bamboo Airways, which received its first 787-9 in December 2019, has been operating three 787-9 with seats ....
George Wilson is set to retire from ECS Federal after 11 years including seven as president, during which the business hit the $1 billion revenue milestone he set a few years ago. ....