HEADLINE
Air Cargo Association of Hyderabad holds grand Annual Ball 2023
The Air Cargo Association of Hyderabad celebrated its 22nd Annual Ball on August 6, 2023 at The Park Hyatt, Banjara Hills, Hyderabad. This is the flagship event of the Air Cargo Association of Hyderabad, conducted every year, except for the last three years due to the pandemic and other…
Read MoreGlobal air cargo capacity recovers in July but average spot rate slumps
July 2023 saw global air cargo capacity recover by +7% compared to a year ago, as airlines’ summer schedules stepped up to meet heightened passenger traffic. In line with this, the July global average dynamic load factor, which measures cargo load factor based on both volume and weight perspectives…
Read MoreFirst trial shipment of fresh pomegranate to the US done by air
In a major boost to fruits exports prospects, Agricultural and Processed Food Products Export Development Authority (APEDA), which works under the aegis of Ministry of Commerce and Industry, has facilitated the export of the first trial shipment of fresh pomegranate to the USA through the air route. This first…
Read MoreNational Air Cargo Group, Inc. partners with Etihad Cargo on USPS ICAIR 2023-27 program
US-based National Airlines, a division of National Air Cargo Group, Inc., has entered an interline agreement with the Middle East’s Etihad Cargo to successfully roll out the ICAIR23 program for the United States Postal Service (USPS). This agreement initiates a unique partnership, as it combines National’s extensive experience in…
Read MoreIndiGo now flying directly to Nairobi
IndiGo, India’s preferred airline has commenced new daily direct flights between Mumbai and Nairobi, starting August 5, 2023. Nairobi, Kenya’s capital and largest city, is a great addition as the 27th international and 105th overall destination in the 6E network, highlighted a release. A momentous opening for IndiGo as…
Read MoreEmirates SkyCargo’s e-commerce delivery platform expands to Kuwait
Emirates Delivers, the e-commerce delivery platform of Emirates SkyCargo, has launched in Kuwait, facilitating fast, reliable, and cost-effective international delivery of items purchased from the UK and the US to shoppers in Kuwait. Whether buying from a large e-commerce retailer or an online independent boutique, making savings during international…
Read MoreContraction in air cargo demand eases
The International Air Transport Association (IATA) released data for June 2023 global air cargo markets showing the smallest year-over-year contraction in demand since February 2022. Global demand, measured in cargo tonne-kilometres (CTKs), fell 3.4% in June compared to June 2022 (-3.7% for international operations). For the half year, demand…
Read MoreAtlas Air now operates second Boeing 777-200 Freighter for MSC
Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., recently took delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI (aircraft, crew, maintenance, insurance) agreement. This is the…
Read MoreMSC Air Cargo acquires majority stake in AlisCargo Airlines
MSC has acquired majority stake in AlisCargo Airlines, a Milan-based air freight carrier, informed a release. Jannie Davel, MSC Air Cargo Senior VP, said: “The acquisition is a step towards expanding MSC’s Air Cargo solution capabilities, and ultimately providing our customers with a quality and consistent offering.” Giacomo Manzon,…
Read MoreDGFT extends deadline for track n trace system for pharma exports
The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementing the Track and Trace system for pharmaceutical and drug exports until February 1, 2024. The extension applies to both Small Scale Industries (SSI) and non-SSI manufactured drugs. slovenska-lekaren.com This move follows a series of notifications intended…
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