HEADLINE
American 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…
Read More27 new aircraft leasing units at Gift City
The International Financial Services Centre (IFSC) at Gift City in Gujarat is experiencing a take-off in aircraft leasing activity with the first quarter of 2024 (January-March) witnessing a significant surge, with a remarkable 27 new aircraft leasing units registering at Gift City. This substantial rise in the number of…
Read MoreTonnage and pricing remain elevated
Air cargo tonnages from Central & South America (CSA) continued to surge in the final full week of April, as flower growers, retailers and their logistics providers ship in flowers ahead of upcoming Mother’s Day events in May in North America and other parts of the world, while air…
Read MoreSwissport adds 3rd air cargo centre in Liège, Belgium
Swissport International continues to grow at Liège Airport, Belgium, adding a third air cargo centre at one of Europe’s major gateways for international air cargo. The extension is driven by additional capacity for eCommerce and forwarder handling, expanding the overall capacity by 17 per cent to 27,000 square metres….
Read MoreStrong annual growth endures in global air cargo markets
The International Air Transport Association (IATA) released data for March 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometres (CTKs), rose by 10.3% compared to March 2023 levels (11.4% for international operations). This is the fourth consecutive month of double-digit…
Read MoreSingapore Airlines taps WebCargo by Freightos to expand booking options in Asia-Pacific’s busiest hubs
WebCargo by Freightos, a leading vendor-neutral booking and payment platform for the international freight industry, has announced that Singapore Airlines’ cargo capacity is now being offered on WebCargo’s platform. This relationship with Singapore Airlines underscores WebCargo’s position as the leading digital platform for the air freight industry, offering its…
Read MorePort Blair’s international airport commences night operations
Following significant upgrades and advancements, the Veer Savarkar International Airport in Port Blair in Andaman and Nicobar Islands has started night operations. On April 18, a private airline was the first to land using the ILS at VSI Airport. The aviation infrastructure at INS Utkrosh in Port Blair has undergone significant advancements, with upgrades that allow the airport to handle both day…
Read MoreMaersk’s air cargo volume up 52 pc in Q1 2024
Maersk’s air freight volume increased by 52 per cent from Q1 2023 and was on par with Q4 2023 at 85,000 tonnes in the first quarter of 2024, which ended on March 31, 2024. In its Q1 2024 financial results, Maersk noted that the improvements in demand resulted from…
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