HEADLINE
DHL Group to invest more than EUR 500 million in fast-growing markets in the Middle East
DHL Group has announced plans to invest more than EUR 500 million in the Middle East, with a strategic focus on the rapidly expanding Gulf markets of Saudi Arabia (KSA) and the United Arab Emirates (UAE). This investment, set to take place between 2024 and 2030, underscores DHL’s commitment…
Read MoreDHL Express France inaugurates its new gateway at Lyon-Saint Exupéry Airport
DHL Express is celebrating its 40th anniversary at Lyon-Saint Exupéry Airport by inaugurating a multi-service site to handle TDI (Time Definite International) and DDI (Day Definite International) shipments, the first of its kind in France. This hub, with direct access to the airport runways, will commence operations this summer….
Read MoreChina to US tonnages and rates weaken again
After rebounding in the latter part of May, air cargo tonnages from China and Hong Kong to the US dropped back sharply in the first full week of June, according to the latest weekly figures and analysis from WorldACD Market Data, with spot rates also further significantly weakening on…
Read MoreBoeing’s 20-year forecast shows steady demand for nearly 44,000 new airplanes
Emerging markets, with expanding middle classes, dynamic and competitive airline networks and sustained aviation investment, will play an outsized role in global air traffic growth, helping drive a need for 43,600 commercial airplanes over the next 20 years, Boeing has projected. These markets will represent over 50% of the…
Read MoreAviLease orders Airbus A350F freighters and A320neo Family aircraft
AviLease, the global aircraft lessor headquartered in the Kingdom of Saudi Arabia, has announced an initial order for 10 A350F freighters and 30 A320neo Family aircraft. The agreement which also foresees a future increase to 22 A350F freighters and 55 A320neo Family aircraft was signed at the 2025 Paris…
Read MoreAviation focused on sustainability
The first ICAO Aviation Climate Week has concluded with progress across multiple environmental initiatives, bringing together over 500 delegates to accelerate global aviation’s path to net-zero carbon emissions by 2050. Key advances in sustainable aviation fuels, the clean energy transition, and implementation support have strengthened international momentum ahead of…
Read MoreAllcargo Gati Air Express launches 24-Hour air delivery service across 8 metro cities
New direct air service enables ultra-fast deliveries within 24 hours in Mumbai, Pune, Kolkata, Delhi, Bengaluru, Chennai, Ahmedabad and Hyderabad Mumbai, June 10 Allcargo Gati Limited (formerly Gati Limited), India’s premier express logistics and supply chain company, has announced the expansion of its Air Express service to include direct…
Read MoreWorldwide tonnages rebounded +4% in May
Worldwide air cargo tonnages rebounded in May with a +4% month-on-month (MoM) increase, according to the latest weekly figures and analysis from WorldACD Market Data, after falling -7%, MoM, in April following significant US tariff rises and Easter and other holidays. The year-on-year growth for May also stood at…
Read MoreTIACA announces selection of Jan Krems as the 2025 Hall of Fame Award Recipient
Jan Krems is being honoured for his exceptional leadership, customer-centric vision, and continued innovation in the air cargo industry. Under his guidance, United Cargo has grown to become the largest belly-only carrier in the world – driven by his strategic foresight and unwavering commitment to service excellence. “Jan Krems…
Read MoreLufthansa Cargo to market and manage cargo capacity of ITA Airways
Lufthansa Cargo recently announced that it will market and manage the cargo capacity of ITA Airways, opening a new chapter in its network strategy. The first flights from São Paulo, Rio de Janeiro, and Buenos Aires to Rome will take off on June 16. This will enable it to…
Read More© 2020 ACE. All Rights Reserved