HEADLINE
Lufthansa Cargo appoints Anand Kulkarni as Head of Global Markets
Effective July 15, 2024, Anand Kulkarni will assume the newly created position of Head of Global Markets at Lufthansa Cargo. In this role, he will lead and manage the sales regions and the Digital Sales department of Lufthansa Cargo. This includes the regions Germany, Austria & Switzerland, Europe, Middle…
Read MoreFreightos posts new records for transactions and Gross Booking Value for second quarter of 2024
Freightos Limited, a leading, vendor-neutral booking and payment platform for the international freight industry, has reported preliminary second quarter 2024 Key Performance Indicators. In Q2 2024, Freightos continued to progress toward its long-term growth objectives. The company facilitated 316.5 thousand transactions, representing a year-over-year growth of 32%, surpassing management…
Read MoreDHL Express enters into Operating Agreement with China’s Central Airlines to deploy two DHL B777 freighters
DHL Express has signed a Letter of Intent to enter into an Operating Agreement with Central Airlines (HLF / I9) to deploy two DHL B777 freighters. This will be the first time for DHL Express to do so with a local Chinese cargo airline. “The signing of the Letter…
Read MoreAir cargo demand dips but rates stay high ex-Asia
Global air cargo demand dropped by around -5% in the first week of July, mainly due to the impact of US Independence Day holidays, but average worldwide rates remain high thanks to continuing rises from Asia Pacific origins. According to the latest weekly figures and analysis from WorldACD Market…
Read MoreCambodia Angkor Air teams up with Çelebi India for cargo operations
Çelebi India, a leader in aviation services, has announced its selection as Cambodia Angkor Air’s cargo operations partner at the Çelebi Delhi Cargo Terminal. This collaboration marks a significant milestone in Çelebi’s commitment to enhancing air cargo operations and expanding its global footprint. Cambodia Angkor Air, the national flag…
Read MoreBLR Airport tops perishables exports in the country for the 4th consecutive year
In FY 2023-24, Kempegowda International Airport Bengaluru (KIAB/BLR Airport) continues to serve as the No. 1 airport in India for exporting perishables for the fourth consecutive year. During the fiscal, BLR Airport recorded a total perishable cargo tonnage of 63,188 metric tons (MT), marking an impressive 18% growth compared…
Read MoreAirbus outlook slightly reduces freighter demand; freight market seen more than doubling over next two decades
Airbus has trimmed its 20-year outlook for freighter demand, while tipping it more in favour of new-build aircraft and the replacement market. Its latest global market forecast predicts demand for 2,470 freighters by 2043, a slight reduction from last year’s figure of 2,510. But Airbus expects the world freighter…
Read MoreAir Kerala gets NOC, mulls regional launch in 2025
Air Kerala, a low-cost airline, has received a no-objection certificate (NOC) from the Ministry of Civil Aviation and plans for a regional launch by 2025. The NOC was awarded over the weekend, the company announced in Dubai. Promoted by Dubai-based entrepreneurs Afi Ahmed and Ayub Kallada, Air Kerala will be…
Read MoreTonnages up +12% in the first half of 2024
Global air cargo tonnages were up by +12% in the first half of 2024 compared with the equivalent period last year, according to preliminary figures and analysis from WorldACD Market Data, with +11% year-on-year (YoY) growth in the second quarter (Q2) following on from the +12% recorded in Q1….
Read MoreStrong air cargo demand continues in May
The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometres, rose by 14.7% compared to May 2023 levels (15.5% for international operations). This is the sixth consecutive month of double-digit year-on-year…
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