HEADLINE
Modest rise in air cargo demand
The International Air Transport Association (IATA) released data for September 2023 global air cargo markets, showing continuing demand recovery. Global demand, measured in cargo tonne-kilometres (CTKs), increased by 1.9% compared to September 2022 levels (+6% for international operations). Capacity, measured in available cargo tonne-kilometres (ACTKs), was up 12.1% compared…
Read MoreL&T wins contract for Bhogapuram International Airport
Larsen and Toubro has reported that its Construction’s Buildings and Factories and Transportation Infrastructure divisions have been awarded a contract by GMR Visakhapatnam International Airport Ltd for the engineering, procurement and construction of the Bhogapuram International Airport in Andhra Pradesh. The greenfield airport will be initially designed to accommodate…
Read MoreIndiGo extends codeshare agreement with Qantas
IndiGo has announced extension of its codeshare agreement with Australia’s national airline, Qantas. Under this agreement, IndiGo customers will now be able to access 4 new destinations – Sydney, Melbourne, Perth & Brisbane in Australia, starting with Melbourne, and with Sydney, Perth, and Brisbane to go online in the…
Read MoreICAO and IAEA to boost cooperation in the transport of radioactive materials by air
ICAO and the International Atomic Energy Agency (IAEA) have agreed to enhance their cooperation around the transport of radioactive materials by air, notably to improve the efficiency and speed of these shipments that are vital for cancer care and other medical uses around the world. In a joint statement,…
Read MoreGrégory Goba-Blé appointed Managing Director for UPS in India
UPS has appointed Mr Grégory Goba-Blé as the new Managing Director for UPS in India. In his new role, Grégory leads UPS Small Package, UPS SCS, UPS India Healthcare, and will continue as a board member of MOVIN – a partnership between UPS and InterGlobe. He is responsible for…
Read MoreGMR Hyderabad Air Cargo inaugurates exclusive Courier Terminal for import shipments
GMR Hyderabad Air Cargo (GHAC) announced the launch of an import courier terminal to facilitate faster processing and import clearance of courier import cargo. Spread across 300 sq. m, the 24×7 import handling facility is located at GHAC terminal premises. The facility is well equipped with world class security…
Read MoreEtihad Cargo launches innovative pricing solution to streamline booking process
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has launched an innovative Instant Offer Rate (IOR) tool, further enhancing the carrier’s online booking portal to streamline the booking process, provide faster response times and offer improved levels of customer service. Developed in collaboration with IBS Software, Etihad…
Read MoreCustoms Broker Association, Hyderabad welcomes new import courier terminal
The Customs Broker Association, Hyderabad has announced the launch of an import courier terminal to facilitate faster processing and import clearance of courier import cargo. It informed in a release that this happy occasion was graced by: Other Customs officials & trade representatives also graced the occasion. GHAC Terminal is…
Read MoreAverage air cargo rates showing slight seasonal upwards trajectory
Global average air cargo rates have remained firm and on a slight seasonal upwards trajectory going into the first few days of November, despite a week-on-week drop in tonnages, according to the latest figures from WorldACD Market Data. And looking at the last two weeks combined, overall worldwide tonnages…
Read MoreGMR Hyderabad Air Cargo inaugurates exclusive Courier Terminal for import shipments
GMR Hyderabad Air Cargo (GHAC) announced the launch of an import courier terminal to facilitate faster processing and import clearance of courier import cargo. Spread across 300 sq. m, the 24×7 import handling facility is located at GHAC terminal premises. The facility is well equipped with world class security…
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