HEADLINE
Tonnages hold firm while rates continue to build in peak season
Global tonnages in the last full week of November were at the same level as the previous week, while the overall average rate maintained a steady growth path of +2% to its highest level recorded in 2024, at US$ 2.79, driven by increasing spot rates, mainly from North America…
Read MoreSmartphone exports soar to $2 bn in Oct.
India’s smartphone exports have set a new benchmark, surging past the $2 billion mark in October 2024 — the highest monthly total ever recorded, according to estimates from the Indian Cellular and Electronics Association (ICEA). This milestone underscores the country’s growing prominence in global mobile supply chains. In the…
Read MoreQatar Airways Cargo and Cainiao strengthen partnership to meet global e-commerce demand
Qatar Airways Cargo, the world’s leading air cargo carrier, and Cainiao, a global leader in e-commerce logistics, have agreed to strengthen their existing partnership, aiming to support the growth of cross-border e-commerce and enhance consumer experiences worldwide. Cainiao, with its deep e-commerce insights and technological expertise, and Qatar Airways…
Read MoreLufthansa Cargo and Maersk launch cooperation to support decarbonisation of airfreight
Lufthansa Cargo and A.P. Moller – Maersk (Maersk) have signed an agreement to promote the decarbonisation of airfreight through the use of Sustainable Aviation Fuel (SAF). Lufthansa Cargo will use 400 metric tonnes of SAF on behalf of Maersk in the remainder of 2024, which is an important contribution…
Read MoreLogi-Sys and CargoAi partner to deliver powerful logistics management solution
Softlink Global recently announced a strategic partnership of its state-of-the-art Transportation Management System (TMS) Logi-Sys with CargoAi, a leading provider of air cargo booking and data solutions. This powerful integration will empower logistics businesses with enhanced visibility, efficiency, and cost-effectiveness across their supply chains. Seamless integration for streamlined operations…
Read MoreJapan Airlines and IndiGo to commence codeshare partnership
Japan Airlines Co., Ltd and IndiGo have announced the launch of their codeshare partnership, starting on December 16, 2024. This strategic partnership will enable JAL to expand its connectivity to India initially, while offering IndiGo customers more travel options on JAL’s extensive domestic and international network in later phases….
Read MoreIndiGo recognised as ‘2024 Airline of the Year’ by CAPA- Centre for Aviation
IndiGo was named the ‘2024 Airline of the Year’ by CAPA- Centre for Aviation (CAPA) at its 2024 Global Aviation Awards for Excellence. CAPA is a trusted source of aviation market intelligence and a part of the Aviation Week Network. The awards recognise strategic excellence in aviation, highlighting airlines…
Read MoreIndia exports 4.49 million units of PCs in Q3CY24, says IDC
India shipped a record 4.49 million units of personal computers (PCs), which includes desktops, notebooks and workstations, in the third quarter (Q3) of calendar year (CY) 2024, up a marginal 0.1 per cent year-on-year (Y-o-Y), according to a report by the International Data Corporation (IDC). Q2 had seen 7.1% growth…
Read MoreICAO successfully advocates for global support for aviation’s clean energy transition
The International Civil Aviation Organization (ICAO) successfully rallied international support for aviation’s decarbonisation efforts at the UN Climate Change Conference (COP29), with the ICAO Council President Salvatore Sciacchitano leading crucial discussions on the sector’s clean energy transition. On the opening day, ICAO hosted a strategic briefing session at the…
Read MoreEuropean Commission approves sale of Asiana Airlines’ cargo business to Air Incheon
The European Commission has approved the sale of Asiana Airlines’ cargo business to Air Incheon to enable Korean Air to move closer to acquiring Asiana Airlines. On February 13, the Commission had approved the proposed acquisition of Asiana by Korean, but as part of this, Korean had to commit to…
Read More© 2020 ACE. All Rights Reserved