HEADLINE
CMA CGM Group expands into aircraft maintenance with Crystal Aero Solutions
THE CMA CGM Group, a global player in sea, land, air and logistics solutions, has announced the signing of a preliminary agreement with a view to acquiring Crystal Aero Solutions, a company specialised in aircraft maintenance services for both cargo and passenger aircraft. Based at Paris Charles de Gaulle…
Read MoreGlobal air cargo tonnage rebounds
AIR cargo activity stepped up a gear and airlines redeployed capacity after a slowdown in the previous week caused by a convergence of public holidays in Europe (Pentecost), USA (Memorial Day) and the Eid al-Adha festival affecting notably Middle East & South Asia (MESA) and Africa origin regions. As…
Read MoreContinental Carriers launches weeklySwitzerland-India Air Import Consol Service
CONTINENTAL Carriers Pvt. Ltd recently announced the launch of its weekly Switzerland-India Air Import Consol Service, offering importers a reliable, efficient and cost-effective logistics solution. Operating from Zurich to Mumbai (BOM) via Delhi, the service has commenced with an initial weekly uplift capacity of approximately 3,000 kg, with plans…
Read MoreAir cargo industry welcomes US-Iran peacedeal but warns recovery will be slow
THE international air cargo industry has reacted with cautious optimism to the tentative US-Iran peace framework, which aims to bring an end to hostilities and permanently reopen the crucial Strait of Hormuz. While freight forwarders and logistics providers welcome the announcement, industry leaders stress that a full return to…
Read MoreQatar Airways Cargo and handling partner secure IATA CEIV Freshrecertification
QATAR Airways Cargo, together with its ground handling partner Qatar Aviation Services Cargo (QAS Cargo), has secured IATA CEIV Fresh recertification for its Fresh product, reaffirming its adherence to global standards in the handling and transportation of perishable cargo. The recertification reflects an ongoing programme of continuous improvement across…
Read MoreGlobal spot rates up in May, but relief likely for shippers
MAY’S average global spot rate of USD 3.40 per kg was driven by market fundamentals as global air cargo demand stayed resilient – slightly ahead of expectations – and outpaced supply, which continued to recover from disruption caused by the Middle East conflict, ending the month above last year’s…
Read MorePricing rises, capacity shrinks
GLOBAL traffic volume in terms of chargeable weight dropped in week 22 (25 to 31 May) by -9% week on week (WoW), largely in response to public holidays Pentecost, US Memorial Day and Eid al-Adha, a decrease that was similar to the -8% drop in volume in the same…
Read MoreAir India and Riyadh Airannounce codeshare andloyalty partnership
THE Tata Group’s Air India and Saudi Arabia’s newly launched national carrier, Riyadh Air, have signed a Memorandum of Understanding to establish a comprehensive commercial partnership. Subject to regulatory approvals, the agreement will introduce strategic codeshare and interline arrangements. This will allow passengers to seamlessly navigate both networks using…
Read MoreAndhra issues fresh bids forgreenfield airport at Dagadarthi
THE Andhra Pradesh Airports Development Corporation Limited (APADCL) has officially issued a fresh Request for Proposal (RFP) to invite competitive bids for the development, operation and maintenance of the proposed greenfield airport at Dagadarthi in the SPSR Nellore district. The project is structured under a Public-Private Partnership (PPP) model…
Read MoreIndia’s air cargo volumes rise despite West Asia conflict
INDIA’S air cargo sector has registered resilient growth in the early months of the current fiscal year, overcoming severe flight-route bottlenecks and airport closures caused by the ongoing West Asia crisis. With key global transit hubs such as Dubai and Doha experiencing temporary operational pauses due to regional hostilities,…
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