HEADLINE
Relatively stable air freight market seen in 2024
The air freight market has been on a rollercoaster ride of late – but 2024 could see a return of ‘classic seasonality’. That is according to Oslo-based Xeneta, the leading ocean and air freight rate benchmarking and intelligence platform, which this week released its 2024 Outlook. Niall van de Wouw,…
Read MoreQatar Airways Cargo and IATA successfully conclude One Record Hackathon in Qatar for highly sophisticated and innovative solutions
Qatar Airways Cargo and IATA have concluded the first ever One Record Hackathon in the Middle East, in Doha, Qatar on Sunday November 26, 2023. 17 teams from around the world came together for a thrilling 28 hour competition to submit highly sophisticated and innovative solutions surrounding the IATA…
Read MoreQ4 global air cargo demand so far exceeds last year’s levels
Global air cargo demand in the fourth quarter (Q4) period so far has been stronger than tonnages in the equivalent period last year, and average rates have continued their gradual post-summer rise, according to the latest weekly figures from WorldACD Market Data. Nevertheless, more than halfway through the market’s…
Read MorePharma exports up 8 pc in Apr.-Oct.
India’s pharmaceutical exports grew 8.1 per cent to reach $15,785 million during April-October in the current financial year compared to $14,598 million in the corresponding period last year. According to R. Uday Bhaskar, Director-General, Pharmaceutical Exports Promotion Council (Pharmexcil), there was stupendous growth of 29.3 per cent in pharma…
Read MoreLufthansa Cargo starts construction of new Frankfurt hub and invests in state-of-the-art warehouse system at Frankfurt Airport
With its LCCevolution project, Lufthansa Cargo is pressing ahead with modernising the Frankfurt hub: In August of this year, construction work began on the new, 40-meter-high tall high-bay warehouse, including the automated transport system and the first building modules in the north of Frankfurt Airport. In addition to the…
Read MoreIndiGo crosses 2,000 scheduled daily flights including cargo operations
IndiGo has achieved a historic landmark by surpassing the milestone of over 2,000 planned flights a day. This makes IndiGo the first airline in the country to cross this milestone and marks a significant leap in operational capacity. According to the latest OAG data for October’23, IndiGo is among…
Read MoreConference delivers critical agreement on aviation decarbonisation
The International Air Transport Association (IATA) has said it looks forward to governments delivering the supportive policies needed to enable aviation’s decarbonisation, as agreed at the Third Conference on Aviation Alternative Fuels (CAAF/3) hosted by The International Civil Aviation Organization (ICAO) in Dubai. CAAF/3 delivered critical agreement on: “Governments have…
Read MoreÇelebi India elevates ground handling excellence in Ahmedabad
Çelebi India, a cornerstone of the aviation services industry, has announced the expansion of its ground handling operations in Ahmedabad, marking a new chapter in its commitment to operational excellence and sustainable practices. genericforgreece.com It recently showcased its world class capabilities by servicing Thai Air Asia’s inaugural flight from…
Read MoreBlue Dart and India Post forge strategic partnership for enhanced services
Blue Dart Express Limited has announced a ground-breaking partnership with India Post. With this collaboration, Blue Dart introduces automated Digital Parcel Lockers at selected post offices, offering customers an additional delivery method. This innovation allows consignees to conveniently retrieve their shipments from digital parcel lockers, doing away with the…
Read MoreVaayu and Pradhaan Air Express sign strategic agreement
In its overarching vision to be a leading global aviation solutions company, UAE’s Ras Al Khaimah-based Vaayu Group has signed an agreement to be a strategic investor in New Delhi-based Pradhaan Air Express. This was announced on the sidelines of the Dubai Airshow last week. It not only opens…
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