HEADLINE
Blue Dart’s Q3 sales at ₹ 1,383 crore
Blue Dart Express Limited, South Asia’s leading express air, integrated transportation, and distribution logistics company, announced its financial results for the quarter ended December 31, 2023, at the Board Meeting held in Mumbai. The company posted ₹ 82 crore profit after tax for the quarter ended December 31, 2023….
Read MoreAkasa Air to buy 300 CFM LEAP-1B engines
Akasa Air and CFM International have announced an agreement to purchase over 300 CFM LEAP-1B engines to power 150 Boeing 737 MAX aeroplanes. At list prices, the deal is valued at over $5 billion. The agreement also includes spare engines and a services contract. The announcement was made in…
Read MoreAir France-KLM and CMA CGM to withdraw from existing cargo cooperation agreements
In May 2022, Air France-KLM and CMA CGM had announced their intention to enter into a cargo commercial cooperation, which became effective in April 2023. The tight regulatory environment in certain important markets has prevented the cooperation from working in an optimal way. As a consequence, Air France-KLM and…
Read MoreVolumes bounce back after New Year slowdown
Global air cargo tonnages have bounced back in the second week of 2024 following their typical slowdown in the second half of December and the first week of January, according to the latest figures from WorldACD Market Data, including double-digit percentage increases in demand to Europe from Asia Pacific…
Read MoreRetailers opting for air freight to protect supply chains
Retailers are turning to air freight to protect supply chains and keep their products on shelves amid the ongoing crisis in the Red Sea and Suez Canal. That is according to Oslo’s Xeneta, the leading ocean and air freight rate benchmarking platform, who have been told by businesses across…
Read MoreMenzies Aviation and SGA Angola agree joint venture for cargo services
Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced a new joint venture (JV) with Sociedade Gestora de Aeroportos (SGA-SA) to deliver cargo and lounge services at Luanda International Airport (LAD). As part of the new partnership, the newly formed Menzies Angola will handle…
Read MoreLufthansa starts new flights connecting Frankfurt and Hyderabad
Lufthansa Airlines has announced the launch of new flight services to Frankfurt from Hyderabad. There will be five weekly departures (Monday, Tuesday, Wednesday, Thursday and Saturday); flight LH753 will depart from Hyderabad at 1:55 am and arrive in Frankfurt at 7:05 am. The return flight LH752 will depart from…
Read MoreIndiGo’s scheduled freighter operations from Hyderabad Airport connects UAE
GMR Hyderabad Airport recently announced the commencement of IndiGo’s scheduled freighter operations with 2 weekly flights on Tuesdays and Fridays. The flight route, DEL-HYD-BOM-SHJ-DEL-HYD, will be served by A321 freighters, with a cargo capacity of 24 metric tonnes. This will further boost the exports of perishables to UAE and…
Read MoreIndia’s airlines seen ordering 380 more planes
Indian carriers, which currently have an order book of 1,618 planes, could end up ordering about 380 more aircraft by March next year, according to aviation consultancy firm CAPA India. The additional aircraft will cater to the high air traffic demand domestically and internationally. The new orders are going…
Read MoreIATA & ICAO extend cooperation on standards for dangerous goods shipments
The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) have extended their long-standing cooperation on setting and implementing global standards for the safe carriage of dangerous goods by air. An agreement to this effect was concluded at the IATA Executive Offices in Geneva during a…
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