HEADLINE
Spot rates’ pace of growth eases for second consecutive month
Data for July 2026 was in line with Xeneta’s earlier market statements. Global air cargo spot rates (valid for up to one month) stood +28% higher year-on-year last month at an average of USD 3.12 per kg, but the pace of growth eased for a second consecutive month. It…
Read MoreHong Kong Air Cargo expands India footprint with dedicated Mumbai freighter launch
Hong Kong Air Cargo (HKAC) has expanded its South Asian freighter network with the launch of a dedicated cargo service operating out of Mumbai. Executed within two months of appointing Aeroprime Group as its Cargo General Sales & Service Agent (GSSA) in India, the milestone operational launch aims to…
Read MoreChina-Europe tonnage fall depresses global growth and rates
Air cargo tonnages from China and Hong Kong to Europe have fallen for the sixth consecutive week, largely due to higher costs and complexities resulting from new European Union (EU) import rules since 1 July, depressing global growth and contributing to a drop in worldwide rates. According to the…
Read MoreGMR Hyderabad International Airport commences Emirates SkyCargo’s dedicated Boeing 777 Freighter service connecting Taipei-Hyderabad-Dubai
GMR Hyderabad International Airport has successfully commenced Emirates SkyCargo’s dedicated Boeing 777 Freighter service connecting Taipei-Hyderabad-Dubai. The new service strengthens Hyderabad Airport’s growing position as one of India’s leading air cargo gateways, while further enhancing trade connectivity between East Asia, India and the Middle East. With a payload capacity…
Read MoreHong Kong Air Cargo to launch weekly charter services to NMIA from August
Hong Kong Air Cargo will commence weekly round-trip charter freighter services between Hong Kong (HKG) and the newly operational Navi Mumbai International Airport (NMIA) starting August 10, 2026. Operating every Monday using Airbus A330 freighters, the carrier becomes an early international freighter operator to establish a footprint at Western…
Read MoreCivil Aviation Ministry streamlines DGCA licensing procedures
The Ministry of Civil Aviation is examining the Directorate General of Civil Aviation’s (DGCA) regulatory approval framework to streamline procedures and reduce the time required for prospective carriers to secure an Air Operator Certificate (AOC). Under current regulations, obtaining necessary clearances—spanning security vetting, fleet induction, crew training checks, and…
Read MoreEuroairlines appoints Aeroprime Group as exclusive cargo GSA for India
Spanish carrier Euroairlines has appointed Aeroprime Group as its exclusive Cargo General Sales Agent (GSA) for India and Passenger GSA for the UAE to expand its commercial footprint in high-growth aviation markets, as per a report in the international media. Under the agreement, Aeroprime Group will manage air freight…
Read MoreAdani says not entering airline business
Adani Enterprises has categorically denied recent media reports and market speculation suggesting that it plans to launch an airline. The reports are entirely baseless and factually incorrect, it said in a statement. “Adani Enterprises is not evaluating any proposal to enter the airline business,” the statement emphasised.
Read MoreNew EU import duty rules impact air cargo on key lanes
Air cargo tonnages from Hong Kong to Europe have plummeted in the weeks surrounding the start of new EU import duty rules on 1 July, down by more than -20% by mid-July compared with their levels this time last year and in early June. According to the latest weekly…
Read MoreEnvirotainer opens new station in Navi Mumbai; focus on pharmaceutical cold chain
Envirotainer, the global leader in secure cold chain solutions for temperature-sensitive pharmaceuticals, has announced the opening of a new station in Navi Mumbai, further strengthening its network in one of the world’s most important pharmaceutical manufacturing and export hubs. The facility is Envirotainer’s sixth station in India and significantly…
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