HEADLINE
Air cargo body launches investing in climate action platform
The International Air Cargo Association (TIACA) has launched a platform supporting Investment in Climate Action, as part of an ongoing program to accelerate the air cargo industry’s sustainability transformation. In addition to their established BlueSky program and ongoing initiatives to share best practice around emissions tracking and reduction, TIACA…
Read MoreSky One opens aircraft leasing facility at IFSC Gift City
Sky One, which has placed a bid for defunct GoFirst, has set up an aircraft leasing facility at IFSC Gift City. The total net foreign exchange outgo is over Rs 182 crore. Sky One aims to carry the business of operating lease for an aircraft including lease arrangement, sale…
Read MoreDGCA allows foreign airlines to operate non-scheduled cargo flights from all airports in the country for three years
In a major change to the aviation policy, the Directorate General of Civil Aviation (DGCA) has allowed foreign airlines to operate non-scheduled cargo flights from all airports in the country for three years. “The open sky policy for foreign cargo carriers has been reviewed by the government,” said the…
Read MoreLars Jordahn appointed new global head of Maersk Air Cargo
Mr Lars Jordahn is the new global head of Maersk Air Cargo. He will take charge on March 1, 2024 and will be based in Copenhagen. He has over 30 years of experience in global and executive roles in aviation and logistics.
Read MoreIATA & The Weather Company to provide enhanced turbulence-related weather data to airlines
The International Air Transport Association (IATA) is expanding the transmission of its Turbulence Aware data for use within industry-leading aviation solutions by The Weather Company, which serves a majority of North American commercial airlines and many others globally. With this enhancement, participating airlines will soon be able to access…
Read MoreGMR Airports focusing on brownfield projects
GMR Airports Infrastructure is focusing on brownfield projects and airport privatisation opportunities in India. The company, which operates five airports, including Delhi, is also eyeing overseas opportunities in the Middle East, South Asia, the Philippines and Jakarta. GMR is not aggressively acquiring airport assets but has strategic targets. With…
Read MoreFreightos reports fourth quarter and full-year results with substantial transaction growth and strong financial position
Freightos Limited, a leading vendor-neutral digital booking and payment platform for the international freight industry, has reported financial results for the quarter and year ended December 31, 2023. “As we reflect on our first year as a public company – a year marked by significant challenges for the freight…
Read MoreFedEx invests USD 350 million to boost global trade and strengthen operations
FedEx Express (FedEx), a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, is expanding its footprint in the Middle East, Indian Subcontinent and Africa (MEISA) by establishing a state-of-the-art hub at Dubai World Central (DWC) Airport in Dubai South. The facility was officially inaugurated…
Read MoreEtihad Airways appoints Stanislas Brun as Vice President Cargo
Etihad Airways has appointed Stanislas Brun to the role of Vice President Cargo. Mr Brun will be responsible for Etihad Cargo’s commercial operations including scheduled and charter flights, revenue management and network planning. He will report to Etihad Airways’ Chief Operating Officer, Mr Mohammad Al Bulooki. Mr Brun joins…
Read MoreCleanMax and Bangalore International Airport Ltd join hands to enhance energy resilience at BLR Airport
CleanMax Enviro Energy Solutions (Asia’s leading C&I renewable energy company) and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term power purchase agreement for the generation and supply of renewable energy from a 45.9 MW solar-wind captive power project under a SPV named CLEAN MAX BIAL RENEWABLE ENERGY…
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