HEADLINE
More flights to Mangaluru Airport in winter
The number of weekly flights from Mangaluru International Airport will go up from the existing 136 to 172 during the winter schedule. The winter schedule began on October 29, 2023 and will be in force till March 30, 2024. The airport normally handles 136 flights a week in both…
Read MoreImport growth rate of bulk drugs from China dips
India imported $3.18 billion worth of APIs and intermediates from China in 2022-23, up 1.74 per cent from the previous year, according to data from the Pharmaceutical Exports Promotion Council (Pharmexcil). In 2021-22, India imported $3.12 billion worth of APIs and intermediates from China, which was up 19.5 per…
Read MoreHong Kong Air Cargo’s first intercontinental route flying into the European region
On October 29, 2023, the inaugural Italian flight operated by Hong Kong Air Cargo took off from Hong Kong International Airport. This flight signifies the successful launch of the first intercontinental route flying into the European region by Hong Kong Air Cargo. There are three weekly departures, operated by…
Read MoreHAL inks pact with Safran of France for engine parts
Hindustan Aeronautics Ltd (HAL) and Safran Aircraft Engines of France have signed a Memorandum of Understanding (MoU) to develop industrial cooperation in manufacturing ring forgings for commercial aircraft engines. HAL will produce LEAP (Leading Edge Aviation Propulsion) engine forgings at its foundry and forge facility in Bengaluru as part…
Read MoreGMR Hyderabad International Airport introduces direct flight services to Singapore and Colombo with IndiGo
Taking air connectivity to the next level, GMR Hyderabad International Airport Ltd. (GHIAL) has announced the introduction of two new flight services from Hyderabad to Singapore and Colombo with IndiGo. These new routes are an exciting addition to IndiGo’s ever-growing network and are reflective of Hyderabad International Airport’s commitment…
Read MoreGMR Airports to increase stake in GHIAL
GMR Airports Limited (GAL) will increase its stake in GMR Hyderabad International Airport Limited (GHIAL) by acquiring a 11 per cent stake from Malaysia Airports Holding Berhad (MAHB) for approximately $100 million (about Rs 831 crore), it is learnt. This will take GAL’s stake in Hyderabad airport operator GHIAL…
Read MoreFedEx report highlights its noteworthy economic impact
FedEx Corp. on Monday released its annual economic impact report, analysing the company’s worldwide network and role in fuelling innovation during its 2023 fiscal year (FY 2023). Produced in consultation with Dun & Bradstreet, a leading provider of business decisioning data and analytics, the study demonstrates the positive impact…
Read MoreAmerican Airlines Cargo expands international winter widebody schedule
American Airlines Cargo announces an expanded winter schedule of more than 12,500 roundtrip widebody flights between November 2023 and March 2024. The carrier is operating increased frequencies across all its major international markets, with more than 6,900 of those widebody flights dedicated to trans-Atlantic routes – a more than…
Read MoreAdani incorporates Udanvat aircraft leasing unit
Adani Ports and Special Economic Zone Ltd (APSEZL) has incorporated Udanvat Leasing IFSC Ltd, which is a wholly-owned aircraft leasing unit with an authorised and paid-up share capital of Rs 2.5 crore, according to a regulatory filing by Adani Ports. Udanvat has been incorporated into the Gautam Adani-controlled company…
Read MoreAAT wins ‘Cold Chain Service Provider of the Year for Asia Pacific’ at Payload Asia Awards 2023
Asia Airfreight Terminal (AAT), a subsidiary of SATS Ltd, has announced that it has been named ‘Cold Chain Service Provider of the Year – Asia Pacific’ at the prestigious 10th Payload Asia Awards. This recognition demonstrates the confidence Hong Kong customers have in AAT’s ability to handle perishable and…
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