HEADLINE
Rates continue upward trend while tonnages stabilise
Worldwide average air cargo prices have continued their gradual post-summer rise into the first full week of November, while global tonnages have stabilised slightly above their level this time last year, according to the latest figures from WorldACD Market Data. But halfway through the market’s traditionally buoyant fourth-quarter (Q4)…
Read MoreMNX acquisition to expand UPS’s capabilities of time-critical logistics
UPS recently announced that it has completed the acquisition of MNX Global Logistics (MNX), a global time-critical logistics provider. The acquisition closed earlier this month, following all required regulatory approvals. su questo The acquisition of MNX expands UPS’s capabilities of time-critical logistics, especially for healthcare customers in the US,…
Read MoreMenzies Aviation performs fully electric turns at Budapest Airport for Wizz Air
Menzies Aviation, the leading service partner to the world’s airports and airlines, together with Wizz Air, has announced it is performing fully electric turnarounds at Budapest Airport. The “green” turn at Budapest Airport has been made possible through the airports’ provision of charging infrastructure necessary for electric equipment, with…
Read MoreIndiGo announces new codeshare connections to Helsinki, Stockholm and Oslo with Turkish Airlines
IndiGo has announced the expansion of codeshare connections to Helsinki, Stockholm and Oslo via Istanbul, in partnership with Turkish Airlines. The connections to Helsinki and Stockholm will become operational on November 23, 2023, while Oslo became effective from November 17, 2023. These additions bolster connectivity to northern Europe, offering…
Read MoreICAO conference in Dubai to accelerate global aviation’s transition towards cleaner energy sources
Well over a hundred countries and one thousand delegates convened in Dubai this week to firm up their collective commitments to boost global aviation’s transition towards Sustainable Aviation Fuels (SAF), Lower Carbon Aviation Fuels (LCAF), and other cleaner energy sources. “CAAF/3 convenes just over a year after States’ landmark…
Read MoreDHL Express launches expanded Central Asia Hub in Hong Kong
DHL Express has launched its state-of-the-art, expanded Central Asia Hub (CAH) in Hong Kong, amid fast-growing global trade in recent years. To date, the total investment for CAH has reached EUR 562 million since its establishment in 2004. This emphasises DHL’s firm belief in the growth opportunities in Asia…
Read MoreCSMIA embraces the Diwali spirit with 2,500 MT EXIM cargo this festive season
Amidst the joyous celebrations of Diwali, Chhatrapati Shivaji Maharaj International Airport (CSMIA) has announced a remarkable surge in cargo shipments. The surge showcases an impressive additional volume of 2,500 metric tons of goods processed during the festive season of 2023. Amongst all the different categories of cargo items shipped…
Read MoreACFI launches ‘Innovation Awards 2023-24’ to recognise innovation and excellence in the Air Cargo industry
The Air Cargo Forum India (ACFI) launched its unique and landmark ‘Air Cargo Innovation Awards 2023-24’ on November 15, 2023 aimed to recognise and acknowledge the most innovative initiatives, ideas and solutions addressing the challenges faced by the air cargo supply chain and logistics industry. These awards will recognise…
Read MoreAAPA aims for sustainable aviation fuel utilisation target of 5% by 2030
Airline leaders gathered at the Association of Asia Pacific Airlines’ (AAPA) 67th Assembly of Presidents held in Singapore recently, welcomed the robust recovery of air travel in the Asia Pacific region. Reflecting the collective priorities and shared resolve of Asian airline leaders, the Assembly of Presidents passed a series…
Read MoreTIACA announces results of Executive Elections for 2024-2025
The International Air Cargo Association (TIACA) announced the results of its Executive Elections for the 2024-2025 term. Steven Polmans has been re-elected and will remain Chair for the next two years and following a change to the Governance rules to enable two Vice Chairs to be appointed, Emir Pineda…
Read More© 2020 ACE. All Rights Reserved