HEADLINE
Supply chain issues continue to negatively impact airline performance into 2025
The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline performance into 2025, raising costs and limiting growth. In a release, IATA quantified the scale of the challenges facing airlines because of supply chain issues in its latest airline industry outlook: “Supply chain…
Read MoreStrengthened profitability expected in 2025 even as supply chain issues persist
The International Air Transport Association (IATA) announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing cost and supply chain challenges. Highlights include: “We’re expecting airlines to deliver a global profit of $36.6 billion in 2025. This will be…
Read MoreRussia invites Indian airlines to operate domestic routes
Russia has reportedly invited Indian airlines to operate domestic routes within its territory, a move prompted by its own carriers’ inability to meet local demand. In a bid to address its aviation challenges, Russia has proposed a cabotage agreement, which would permit foreign airlines to carry passengers within its…
Read MoreRhenus Logistics joins the Air France KLM Martinair Cargo SAF Programme
Rhenus Logistics, a globally operating logistics service provider, has joined the Air France KLM Martinair Cargo SAF Programme, furthering its efforts to address environmental challenges in the logistics industry. The signing ceremony took place at the Rhenus offices at Schiphol. By investing in SAF, Rhenus actively supports a reduction…
Read MoreQatar Airways Cargo first air cargo carrier to introduce interline bookings on its Digital Lounge portal
Continuing its commitment to digitalise and enhance the booking experience, Qatar Airways Cargo, the world’s leading air cargo carrier, becomes the first air cargo carrier to offer online bookings with instant confirmations to interline partners through its innovative Digital Lounge portal. Interline partners can now manage online bookings seamlessly,…
Read MoreOne projection expects air cargo volumes and capacity additions to be flat next year
DSV is expecting air cargo volumes and capacity additions to be flat next year but the supply-demand balance could still come under pressure. Writing in its regular market outlook, the Denmark-headquartered forwarder said that it is expecting the global air trade to normalise in 2025 following the e-commerce and…
Read MoreNegotiable air cargo documents being developed
A first draft of negotiable air cargo documents that would allow the transfer ownership of goods while in transit is expected to be presented to the United Nations next year. The new document is being developed by a United Nations Commission on International Trade Law (UNCITRAL) working group consisting…
Read MoreMenzies Aviation awarded IATA’s CEIV Li-batt certification; expands to 300 airports
Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced it has been awarded IATA’s Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification for its cargo operations at Macau International Airport (MFM). Awarded by the International Air Transport Association (IATA), this prestigious…
Read MoreIATA launches Air Cargo Device Assessment Program
The International Air Transport Association (IATA) has launched the IATA Air Cargo Device Assessment Program to validate air cargo tracking devices, data loggers and sensor-equipped devices for compliance with rigorous industry safety standards. “The fastest-growing segments of air cargo are pharmaceuticals, perishables, electronics, and high-value goods. Shippers rely on…
Read MoreHellmann appoints Martin Habisreitinger as COO Airfreight
Hellmann has announced the appointment of Martin Habisreitinger as Chief Operating Officer (COO) Airfreight with effect from February 1, 2025. He will succeed Jan Kleine-Lasthues, who, after 13 successful years with Hellmann, has decided to pursue other opportunities. Martin Habisreitinger will report to Madhav Kurup, who will assume the…
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