HEADLINE
Maersk inaugurates air freight gateway in Miami
A.P. Moller – Maersk (Maersk) expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami. This new air freight facility underscores Maersk’s commitment to providing seamless and competitive connectivity to major Latin American markets. The Miami gateway will serve as a…
Read MoreIndia’s airlines seen with 50 pc share in international traffic by FY28, says CRISIL
As much as half of the country’s international air passenger traffic is expected to be catered to Indian airlines by the financial year 2027-28, according to a report by credit ratings agency CRISIL. The share of Indian airlines in international passenger traffic, including originating or terminating as well as the traffic…
Read MoreHactl first in Asia with IATA Enhanced GSE Recognition Certificate
Hong Kong Air Cargo Terminals Limited (Hactl) – Hong’s Kong’s largest independent air cargo handler – is Asia’s first ground handler to receive a certificate under the “IATA Enhanced GSE Recognition Program”. The programme encourages the installation of anti-collision systems on new and existing ground support equipment (GSE), to…
Read MoreExporters want priority shipment for MSMEs at Delhi Airport
Indian exporters have sought priority shipment facilities for local micro, small and medium enterprises (MSME) as transhipment of Bangladesh’s export cargo to third countries through the Delhi Air Cargo complex is causing delays, inflating freight expenses. The Noida Apparel Export Cluster (NAEC), where 80% of the apparel production and export units…
Read MoreEmirates Group achieves record profit, revenue in 2023-24
The Emirates Group on Monday released its 2023-24 Annual Report, hitting new record profit, revenue, and cash balance levels. Both Emirates and dnata saw significant profit and revenue increases in 2023-24, as the Group expanded its operations around the world to meet strong customer demand for its high-quality products…
Read MoreChina e-commerce dominating air freight
The air freight market showed another solid performance in April as air freight rates increased again against what should be, from a seasonal perspective, a slower trading environment, said an analysis in Baltic Exchange. It elaborated: With respect to cargo exported out of China, freight rates on all major…
Read MoreChallenge Group launches regular flight route connecting Dubai and Liège
Challenge Group is delighted to announce the launch of a scheduled flight service from Liège (LGG) to Dubai World Central (DWC) via Tel Aviv (TLV), commencing on May 16, 2024. Initially, the service will operate weekly every Thursday, deploying a B747F aircraft with a capacity of 120 tons. This…
Read MoreAmerican Airlines Cargo announces summer widebody schedule
American Airlines Cargo has announced its summer widebody schedule with new routes and increases for the 2024 season. Out of Europe, the carrier is operating new flights from Barcelona-El Prat Airport (BCN) to Dallas/Fort Worth International Airport (DFW), from Copenhagen Airport (CPH) and Nice Côte d’Azur Airport (NCE) to…
Read MoreIndian air cargo market booming as volumes zoom
India’s air cargo market is proving a lucrative bet for freighter operators and other supply chain stakeholders as volumes rebound after Covid. Shipments in and out of Indian airports were up 7% year on year, to 3.4 m tonnes in the fiscal year 2023-24 that ended in March, according to…
Read MoreAdani Airports anticipates 20 pc growth with Navi Mumbai project launch in FY25
Adani Airports anticipates a 20 per cent growth trajectory for the current fiscal year with the completion of the Navi Mumbai airport project, according to the company. Beyond FY25, the company foresees an exponential jump in operations fuelled by the new greenfield project. With a robust financial performance and financial expansion underway, Adani…
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