HEADLINE
Qatar Airways Group Chief Executive elected Member of the Board of Governors at IATA
Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer has been elected to the International Air Transport Association’s Board of Governors. The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 320 airlines or 83% of total air traffic. IATA’s mission is…
Read MorePeak-season tonnages up 3% on last year
Worldwide air cargo demand has rebounded significantly above last year’s levels, driven by strong export volumes from China, with preliminary tonnages for November up +5%, year on year (YoY), and up +1% on the previous month, taking combined tonnages for the peak period October and November around +3% higher…
Read MoreOman Air launches freighter service from GHIAL
Oman Air has launched its maiden freighter service from GMR Hyderabad International Airport , operating its first Boeing B737-800BCF connecting Hyderabad and Muscat. The freighter service will operate two weekly flights, on Tuesday and Saturday. With a one-way capacity of 22 tonnes, the freighter…
Read MoreMenzies Aviation goes live with Wipro’s New Cargo Management System
Menzies Aviation, the leading service partner to the world’s airports and airlines, together with leading technology services and consulting company, Wipro have announced the successful launch of its new Menzies Aviation Cargo Handling (MACH) cargo management system. Following the successful launch of Menzies’ cargo operation at Bucharest Otopeni Airport…
Read MoreIndiGo strengthens connectivity to Thailand with over 25% increase in weekly flights
IndiGo has announced the addition of flights between Mumbai and Phuket and the resumption of operations between Bengaluru and Phuket. The addition of these flights will further enhance connectivity between India and Thailand. IndiGo is introducing additional flights between Mumbai-Phuket w.e.f. January 5, 2024, and between Bengaluru-Phuket w.e.f. February…
Read MoreDelhi Airport seen 2nd largest after Atlanta by 2024: Scindia
Delhi International Airport is likely to emerge as the second largest airport in the world after Hartsfield-Jackson Atlanta International Airport in the US, said Mr Jyotiraditya Scindia while speaking at a recent event. He outlined that efforts are being undertaken to make Indian airports emerge as international hubs for…
Read MoreCivil Aviation Minister asks aerospace manufacturers to increase supply chain manufacturing footprint in India
In a significant move towards fortifying India’s aerospace manufacturing and MRO sector, the Minister of Civil Aviation and Steel, Mr Jyotiraditya Scindia has urged leaders of aerospace manufacturing majors to present a collaborative plan outlining their requirements from each department of GoI, in order to help them expand supply…
Read MoreCabinet approves declaration of Surat Airport as an International Airport
The Union Cabinet, chaired by the Prime Minister, Mr Narendra Modi, has approved the proposal to declare Surat Airport as an International Airport. Surat Airport will not only become a gateway for international travellers but also facilitate seamless export-import operations for the thriving diamond and textile industries. This strategic…
Read MoreCargo Service Center expands operations in Kerala
Cargo Service Center (CSC), India’s leading air cargo handling company, is has announced a significant expansion of its operations in the dynamic state of Kerala, often referred to as “God’s Own Country.” On June 1, 2023, CSC commenced its security functions as a BCAS Authorized Regulated Agent (RA), reinforcing…
Read MoreStrengthened profitability overall seen for airlines; cargo revenue expected to fall in 2024
The International Air Transport Association (IATA) has announced strengthened profitability projections for airlines in 2023, which will then largely stabilise in 2024. However, net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance…
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