HEADLINE
Freightos reports second quarter results with record transactions & improved profitability
Freightos Limited, a leading vendor-neutral digital booking and payment platform for the international freight industry, on Monday reported financial results for the quarter ending June 30, 2023. “The Freightos Platform facilitated record Transaction numbers, and earned slightly increased Platform Revenue during the second quarter of 2023, with our growth…
Read MoreChangi Airports in feasibility study agreement for Cairo Cargo City at Cairo International Airport
Changi Airports International (CAI) has inked two agreements with Cairo Airport Company to jointly develop Cairo International Airport, one of the busiest airports in Africa and the largest airport in Egypt by passenger and cargo traffic. The first consultancy agreement is passenger focused and seeks to implement impactful solutions…
Read MoreAI establishes a leasing unit at IFSC Gift City, Gujarat
Air India (AI) has become the first major airline to establish a leasing unit at the IFSC Gift City in Gujarat. The airline’s six A350 aircraft, which will be added to its fleet, will be acquired through the leasing firm AI Fleet Services IFSC Limited under a financial lease….
Read MoreIncreased demand seen for sustainable transport solutions
DHL Global Forwarding, DHL Group’s air and ocean freight specialist, is recording increased demand for sustainable transport solutions based on the usage of sustainable fuels such as Sustainable Aviation Fuels. Whether in a tender process or in discussion with existing customers, a growing number of shippers are not only…
Read MoreBlue Dart unveils ambitious expansion plan on Independence Day
Blue Dart, South Asia’s leading express air and integrated transportation & distribution company, has embarked on a momentous chapter of growth and service to commemorate India’s Independence Day. As part of the ‘Azadi ka Amrit Mahotsav’ initiative, in celebration of the nation’s Independence Day, the company announced the inauguration…
Read MoreSwissport successfully completes acquisition of majority stake in Flughafen Düsseldorf Cargo GmbH
Swissport Deutschland GmbH and Flughafen Düsseldorf GmbH have successfully closed the transaction for their cargo joint venture at Düsseldorf Airport. The new joint venture, named Swissport DUS Cargo Services GmbH, started operations on August 17, 2023. Following the signing of binding agreements earlier in the year, Swissport has successfully…
Read MoreLufthansa Cargo focuses on efficient sustainability, digitalisation & e-commerce
What does the future of the airfreight industry look like? Lufthansa Cargo is once again asking this question on this year’s Aviation Day on August 19. A good time, because the industry is currently facing major challenges, it said in a communique. “We are currently experiencing various upheavals within…
Read MoreEtihad Cargo adds China’s Ezhou Huahu Airport to its network
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has operated the carrier’s inaugural flight to Ezhou Huahu Airport. Etihad Cargo’s Boeing 777-200 freighter arrived in Ezhou on August 18, 2023, making the carrier the first international airline to operate flights to the airport. Located in the Hubei…
Read MoreKandla Airport to be modernised
The Airport Advisory Committee (AAC) meeting held earlier this month at Kandla Airport (Kutch, Gujarat) discussed making the airport modern and convenient. The meeting was under the chairmanship of Mr Vinod Bhai Chavda, MP from Kutch Morbi. Anjar MLA Mr Trikambhai Changa and Gandhidham MLA Ms Maltiben Maheshwari were…
Read MoreIndiGo commences Delhi-Baku non-stop flight
IndiGo is opening up new gateways between India and Central Asia with the announcement of new flights to Baku. The capital city of Azerbaijan will be connected to Delhi four times a week, starting August 11, 2023. Baku is the 30th international destination and 108th overall destination in the…
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