HEADLINE
Hyd, B’luru airports top global punctuality index
Hyderabad and Bengaluru airports have bagged the global second and third rank in Cirium’s on-time performance with over 84 per cent on-time departures. While Hyderabad’s Rajiv Gandhi International Airport had 84.42% of flights arrive or depart on time or within 15 minutes of scheduled arrival or departure, Bengaluru’s Kempegowda…
Read MoreFull year 2023 ends at -5% for global air cargo year on year; no major gain from Red Sea crisis
Global air cargo has yet to see any significant uplift from the recent disruptions to container shipping in the Red Sea, according to the latest figures from WorldACD Market Data, although there is likely to be some conversion of sea freight to air freight in the coming weeks if…
Read MoreEuropean Union Aviation Safety Agency approves freighter conversions
321 Precision Conversions has announced that the European Union Aviation Safety Agency (EASA) has approved the A321-200 freighter conversion (A321-200PCF) FAA STC ST02716SE. This certification further validates the Precision design and enables the most fuel efficient A321-200 freighter conversion to operate on key European routes. Gary Warner, 321 Precision…
Read MoreAir India goes for A350 on domestic routes
Air India will fly its first A350-900 aeroplane from January 22, 2024 to Indian cities and later to destinations across continents after getting possession of the wide-body jet in December. Flight AI589 will run on all days, except Tuesdays, connecting Bengaluru to Mumbai, Mumbai to Chennai, and Chennai back…
Read MoreAir cargo likely to see improved scenario in 2024: Analysis
2024 may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a +9% year-on-year rise in demand and the general air cargo spot rate reached its highest level in nine months, suggests the latest weekly market data analysis…
Read MoreAPSEZ subsidiary seeks to set up aircraft leasing unit at GIFT City
UDANVAT Leasing IFSC Ltd, a wholly-owned subsid-iary of Adani Ports and Special Economic Zone Ltd (APSEZ), has approached IFSC Gift City to set up an air-craft leasing unit. Over the next five years, the company has said it will invest Rs 555 crore. The estimated Free on Board (FOB)…
Read MoreYear End Review 2023: An eventful year for the Ministry of Civil Aviation with all-round achievements
Ministry of Civil Aviation (MoCA) attained several milestones in the year 2023 as the sector attained new wings and expanded at a high speed. Some of the major achievements of MoCA are indicated below, as per its release. RCS-UDAN RCS-UDAN was launched in 2016 to enable air operations on…
Read MoreUdanvat seeks to set up aircraft leasing unit at GIFT City
Udanvat Leasing IFSC Ltd, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd (APSEZL), has approached IFSC Gift City to set up an aircraft leasing unit. Over the next five years, the company has said it will invest Rs 555 crore. The estimated Free on Board (FOB)…
Read MoreTonnages in Q4 2023 closing at +3% Year-on-Year
With 2023 coming to an end, global tonnages and average air cargo rates followed the typical end-of-year slowing down pattern, after weeks of stabilising global tonnages and steady growth in rates, especially outbound China, according to the latest figures from WorldACD Market Data. As global tonnages for December 2023…
Read MoreIAG Cargo adds Cape Town to locations in Africa approved to transport time- and temperature-sensitive healthcare products
IAG Cargo, the cargo division of International Airlines Group (IAG), announced recently that Cape Town is its latest station in Africa to be approved to transport time- and temperature-sensitive healthcare products. Following the successful opening of Cincinnati in September, Cape Town marks the second station launched in 2023 to…
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