HEADLINE
Tonnages impacted due to effects of Golden Week
Worldwide and Asia Pacific air cargo tonnages have only partially recovered from the effects of China’s Golden Week holiday in early October, according to the latest weekly figures and analysis from WorldACD Market Data, with traffic from China to the USA showing little sign of rebounding at all in…
Read MoreCB Customs Broker provides transparency with automated T1 transit documents for eCommerce shipments
Digital customs clearance expert CB Customs Broker is expanding its eCommerce product range to include the T1 transit procedure. This enables the automatic generation of T1 documents in which the individual items are listed in detail. The T1 procedure enables the duty and tax-free transportation of non-EU goods through…
Read MoreCargo seen growing at 9-11 pc in FY25
Overall air cargo volumes in India are expected to see a healthy year-on-year growth of 9-11% to 3.6-3.7 million tonnes this fiscal year on the back of estimated higher domestic and international cargo volumes while the outlook on airport infrastructure is stable, according to rating agency ICRA. It expects…
Read MoreBengaluru Airport City breaks ground for 2 million sq. ft. Business Park targeting Global Capability Centres
In a landmark development, Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), recently broke ground for its ambitious 2 million sq. ft. Business Park, aimed at establishing Bengaluru as a global hub for Global Capability Centres (GCCs). This complements the Karnataka Government’s new GCC…
Read MoreBangalore Air Cargo Club organises BCL 2024 Cricket Tournament
The Bangalore Air Cargo Club (BACC) recently successfully organised the BCL 2024 Cricket Tournament, featuring 16 teams from major freight forwarding, NVOCC and CHA companies. The event, held at the ITI Ground, K. R. Puram, Bangalore, provided an excellent opportunity to promote teamwork and networking within the industry. The…
Read MoreAviation sector advances towards net-zero carbon emissions goal
Supported by the International Civil Aviation Organization (ICAO), the global aviation sector has continued its efforts to achieve net-zero carbon emissions by 2050. The 2024 ICAO Long-Term Aspirational Goal (LTAG) Stocktaking, ICAO’s sixth such event, brought together close to 400 participants recently to exchange expertise, showcase successful projects, and…
Read MoreUPS speeds up global delivery times from Asia Pacific, adds capacity for peak season
UPS customers in Asia Pacific can now have faster deliveries to over 35 countries across Asia, Africa and Middle East after the company introduced a series of enhancements to its industry-leading air network. Thanks to a new flight connection at Sharjah International Airport (SHJ) in the United Arab Emirates…
Read MoreStatement on the importance of protecting civil aviation during times of conflict
The International Air Transport Association (IATA) released the following statement by Willie Walsh, Director General, reminding governments of the importance of protecting civil aviation, including airport and air navigation infrastructure, during times of conflict. “Civil aviation fulfils a purpose that transcends politics to ‘create and preserve friendship and understanding…
Read MoreRates rise to 2024 high despite tonnage dip
Global air cargo spot rates rose to new 2024 highs in the first few days of October despite a dip in worldwide tonnages linked to national holidays in China and disruptions to air traffic in the Middle East caused by the increased tensions in the region. According to the…
Read MoreNavi Mumbai International Airport welcomes first aircraft
In a landmark moment for the Navi Mumbai International Airport (NMIA; Airport Code: NMI), an Indian Air Force (IAF) aircraft successfully touched down on its South runway last week. The inaugural landing of the IAF C-295, a large multi-role tactical airlifter, represents a significant milestone in the Adani Group’s…
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