Air freight volumes fall in June

Air freight volumes fall in June

The latest data released by the International Air Transport Association (IATA), shows that air freight volumes fell for an eighth consecutive month in June, amid business uncertainty and the ongoing trade tensions between China and the United States.

IATA said capacity growth remained subdued and the cargo load factor continued to fall as trade growth languished globally and the latest tariff increases in the US-China trade dispute that came into effect on June 1 compounded business uncertainty.

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Final layer of Brisbane’s new runway set to go down

Final layer of Brisbane’s new runway set to go down

The construction of Brisbane’s new runway (BNR) has reached a critical milestone, with the application of asphalt – the final layer of the runway’s pavement – commencing today. 

Fulton Hogan has been subcontracted by Skyway to produce a specially-designed asphalt on site that allows flexibility, load-spreading capacity, deformation resistance and the ability to withstand aircraft-induced shear stresses and high temperatures.

Brisbane’s new runway remains on track to be operational in mid-2020.

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Courtesy of Brisbane Airport Corporation

Federal Government grants funding to regional airports

Federal Government grants funding to regional airports

The Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, The Hon Michael McCormack, has announced that the federal government will pledge $100 million in funding for regional airports to undertake essential airport infrastructure maintenance.

“By boosting regional airport investment by up to $100 million, we are making sure regional people and their communities get the infrastructure and services they deserve for business, leisure, health and education needs,” Michael McCormack said in a statement.

Australian Airports Association (AAA) chief executive Caroline Wilkie said the funding would help support a sustainable regional aviation network for years to come.

“We welcome this commitment to keeping our regions strong and ensuring communities can continue to rely on their airports to connect to loved ones and access essential services and trade,” Wilkie said in a statement.

Click here to find out more about current funding programs.