Airline Finance News - Asia / Pacific.

New York (AirGuideBusiness - Airline Finance News Asia / Pacific) May 26, 2013

Polar Air Cargo Worldwide Announces Enhancement of Intra-Asia Schedule Polar Air Cargo Worldwide announced plans to enhance its 767 Intra-Asia services and 747 Trans-Pacific services starting in early June 2013. One Boeing 767-300 Freighter will operate between Tokyo, Sydney and Incheon, while a second 767-300F will operate between Taipei, Nagoya and Incheon. With other previously announced routes, this will allow seamless connections to and from the United States. Polar also announced the addition of two weekly flights between Hong Kong and Cincinnati responding to the marketOs demand for additional capacity. OWe are continuing to enhance our network to ensure that we meet our customersO demand for capacity. We are very pleased to provide additional critical uplift from Hong Kong to the United States East Coast market,O said Thomas Murphy, Executive Vice President and Chief Operating Officer of Polar Air Cargo Worldwide. May 20, 2013

Air New Zealand Air New Zealand forced to dump shark's fin cargo. The anti-shark's fin campaign is crusading on in Asia Pacific. Air New Zealand has become the latest airline to stop flying shipments of shark's fin to Hong Kong, the shark's fin capital of the world. The decision came about after the New Zealand Shark Alliance revealed the airline's shipments in local media. "Air New Zealand has taken the decision to suspend the carriage of shark fins while we undertake a review of the issue," Air New Zealand spokesperson Andrew Aitken told CNN. "We have no further comment to make while this review is underway." The topic is a particularly sensitive environmental issue in Hong Kong, the world's biggest market for shark's fin, as campaigns highlighting the cruelty and devastation stemming from the practice are becoming more and more successful. Prominent hotels and restaurants in the city have been publicly striking shark's fin from their menus, while Hong Kong's main carrier Cathay Pacific also announced a ban on shark's fin cargo last September. "Due to the vulnerable nature of sharks, their rapidly declining population, and the impacts of overfishing for their parts and products, our carriage of these is inconsistent with our commitment to sustainable development," said Cathay Pacific's statement at the time. The Peninsula Hotels Group bans shark's fin from menus Approximately 72 million sharks are killed each year and 10,000 tons...

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