HEADLINE
Challenge Group operating scheduled route between Mumbai and Liège
Challenge Group has utilised the added capacity of its second converted B767 freighter to establish a scheduled route between Mumbai (BOM) and Liège (LGG), Belgium operating twice weekly. The newly launched scheduled flight between Mumbai and Liège creates a direct link between strong economic geographies with operations serving the…
Read MoreBlue Dart FY sales at ₹ 5,268 crore; profit after tax of ₹ 289 crore
Blue Dart Express Limited, South Asia’s premier express air, integrated transportation and distribution logistics company, has declared its financial results for the quarter and year ended March 31, 2024, at its Board Meeting held in Mumbai. During the fiscal year ending March 31, 2024, revenue from operations stood at…
Read MoreAsia Pacific Airlines see continued growth in cargo demand
Preliminary March 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed the continuation of robust growth in both international air passenger and air cargo demand, which is in line with a steady expansion in global economic activity Reflecting positive business and consumer sentiment, the region’s…
Read MoreAir India and Nippon Airways in codeshare agreement
Air India and Japan’s All Nippon Airways have signed a codeshare agreement connecting their networks. The new commercial partnership, effective May 23, 2024, will provide more travel opportunities for customers of both airlines, who will benefit from the enhanced flight selections between India and Japan. Initially applicable to connections…
Read MoreAir cargo volume growth continues upward trend even as impact of Red Sea disruption eases
The impact of air cargo’s ‘black swan’ event – conflict in the Red Sea disrupting ocean freight services – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis…
Read MoreUPS releases 1Q 2024 earnings
UPS recently announced first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from the first quarter of 2023. Consolidated operating profit was $1.6 billion, down 36.5% compared to the first quarter of 2023, and down 31.5% on an adjusted basis. Diluted earnings per share were $1.30 for the…
Read MoreTurkish Cargo augments its position
Turkish Cargo, the air cargo brand of Turkish Airlines, ranked the 3rd among the leading air cargo carriers in the world, in the wake of a prospering performance in May, it highlighted in a release. The successful brand, which was ranked 6th on the same period of last year…
Read MoreSWISS Head of Cargo Lorenzo Stoll to leave the company
Lorenzo Stoll, Head of Cargo at Swiss International Air Lines (SWISS), has decided to leave the company at the end of July 2024 after 11 years. Stoll, who presently heads SWISS’s Swiss WorldCargo division, will be taking on a new professional challenge as the CEO of a Swiss-based healthcare…
Read MoreSkyeAir’s SkyPod revolution transforming Gurugram’s delivery landscape
In the heart of Gurugram, amidst the towering skyscrapers and bustling streets, a quiet revolution is underway—one that promises to reshape the way we receive our parcels and essential goods. Spearheading this transformation is SkyeAir, the pioneer of drone delivery in India, with its groundbreaking SkyPod initiative. With Gurugram…
Read MoreQatar Airways Cargo elevates live animal transport with launch of advanced Animal Centre
Qatar Airways Cargo has announced the opening of its state-of-the-art Animal Centre and the re-launch of its Next Generation Live product, setting new benchmarks in the transport of live animals. As a leading transporter, with over 550,000 animals including 10,000 horses flown in 2023, the airline reaffirms its commitment…
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