HEADLINE
Bangalore International Airport to connect London Gatwick non-stop from August
Bangalore International Airport Ltd, the operator of Kempegowda International Airport Bengaluru (BLR Airport), has announced that Air India will be launching non-stop services between Bengaluru and London Gatwick (LGW), commencing on August 18, 2024. The new route will feature five weekly flights, providing enhanced connectivity for both business and…
Read MoreAsia Pacific demand and rates soar above last year’s levels; Middle East & South Asia continue surge
Air cargo demand and rates from Asia Pacific origins continue to soar well above last year’s levels, with spot rates from Vietnam to Europe, in particular, spiking even further in the last two weeks, according to the latest weekly figures and analysis from WorldACD Market Data. Based on the…
Read MoreAir Logistics India celebrates 20 years of service
On 14th June 2024, Air Logistics Group celebrated the significant achievement of 20 years of providing GSSA solutions in India. In June 2004, Air Logistics Group’s strategy to open in India became a reality and it launched its Indian head office in Delhi. Now as it celebrates its 20th…
Read MoreDouble-digit volume growth seen in global air cargo market this year
The global air cargo market is on a pathway to double-digit growth in volumes in 2024 after a +12% year-on-year jump in demand in May, according to the latest data analysis by Xeneta. It elaborates: Despite conservative, low single digit industry growth forecasts at the end of last year,…
Read MoreCargo shipment seen slow at Tiruchy Intl Airport
The volume of cargo handled at Tiruchy International Airport is yet to pick up, according to reports. While passenger traffic at the airport, which stood at 12.5 lakh (domestic traffic included) during 2015-16, recorded a 41% increase to touch 17.63 lakh in 2023-24, cargo shipment failed to register any…
Read MoreAIX to operate 28 direct flights from Hindon from Aug. 1
Air India Express (AIX) is set to start flights from Ghaziabad’s Hindon Airport, which will make it the only carrier to operate from two airports in the National Capital Region (NCR). It will operate a total of 28 direct flights between Hindon and Bengaluru, Goa and Kolkata from August…
Read MoreAirport industry seen at $1.3 bn profit before tax in FY25
India’s airport industry is projected to report a profit before tax of USD 1.3 billion in the current financial year, aviation advisory firm CAPA India said while giving projections at its aviation summit in the national capital. The profit is anticipated to be Rs 256.1 (USD 3.1) per passenger…
Read MoreAdani Airports handle over one million tonnes of cargo to achieve 7% growth
Adani Airport Holdings Limited (AAHL) handled an impressive one million tonnes of air cargo in fiscal year 2023-2024, achieving a milestone. The achievement underscores AAHL’s robust operational capabilities and strategic growth in the aviation industry, it emphasised in a release. Demonstrating solid growth, AAHL facilitated a remarkable 10,13,115 metric…
Read MoreAbu Dhabi is underway to become a global Pharmaceutical and Life Science distribution hub
During BIO International Convention 2024, The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, and Abu Dhabi Investment Office (ADIO), Etihad Airways and AD Ports Group have signed a landmark Memorandum of Understanding (MoU) to strengthen Abu Dhabi’s position as a global pharmaceutical…
Read MoreRate surge continues throughout May from Middle East & South Asia; India in the ‘spot’light
Air cargo rates from Middle East & South Asia (MESA) continued to surge throughout May, with spot rates from MESA origins to Europe averaging more than twice their level in May last year, while tonnages and rates from Asia Pacific origins were also well above last year’s levels, according…
Read More© 2020 ACE. All Rights Reserved