HEADLINE
Mangaluru Airport begins international cargo services
Mangaluru International Airport has initiated international cargo operations from its integrated cargo terminal, with flight IX 815 transporting 2,522 kg of fruits and vegetables to Abu Dhabi. According to officials, a formal inauguration took place on July 5, 2024 in the presence of the AAHL Cargo team. The launch…
Read MoreInvestors did not evince interest in SriLankan Airlines, says Minister
No suitable investors have expressed interest in acquiring a stake in SriLankan Airlines as the strategy focuses on restructuring rather than selling it outright, said Mr Nimal Siripala de Silva, Ports, Shipping and Aviation Minister. Under Sri Lankan law, only 49% of the airline’s shares can be transferred, but…
Read MoreIndian Railways’ Gati Shakti Vishwavidyalaya Vadodara and Airbus sign agreement for aerospace teaching and research
Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara and Airbus have entered into a collaboration to significantly strengthen the Indian aviation sector. Following up on the Memorandum of Understanding (MoU) signed in September 2023, a definitive agreement was inked at Rail Bhawan, New Delhi recently. The agreement includes a full…
Read MoreGlobal volumes rise again in June as market indicates a ‘hot Q4’ for air cargo rates
The global air cargo market is heading towards a ‘hot Q4’ of rate increases after a sixth straight month of double-digit growth in June 2024, with a warning that shippers and forwarders ill-prepared for this year’s peak season may find themselves ‘at the mercy of the market,’ according to…
Read MoreDevelopment of drone ecosystem aligns with PM’s ‘NAMO Drone Didi’ scheme to empower women in agri sector
Union Minister of Commerce & Industry, Mr Piyush Goyal, during his address at the recent International Innovation Conclave organised by the PHD Chamber of Commerce & Industry (PHDCCI) in New Delhi said that Prime Minister Narendra Modi’s government is ready to promote the drone industry that has seen rapid…
Read MoreAir cargo from India doubles due to Red Sea crisis
The Red Sea crisis has seen air freight cargo from India more than double in the last few months, putting the country on track to meeting its target of 10 million tonnes (MT) by 2030-31, said Mr Yashpal Sharma, President, Air Cargo Forum of India (ACFI), while speaking at the ACFI Annual Conclave 2024. The…
Read MoreAir freight rates soar by 50 pc in Singapore due to congestion
Singapore’s local firms are now paying up to 50 per cent more for air freight compared to the start of the year. They’re switching from sea to air cargo to avoid months of shipping delays caused by congestion in ports around the world. With cargo planes packed for the next…
Read MoreAI Express to receive 20 Airbus A320 aircraft from Air India
As a part of fleet optimisation strategy between the Tata Group-owned airlines, Air India Express (AI Express) will receive 20 Airbus A320 aircraft from Air India. The aircraft will be transferred in phases over the next few months and will enable AI Express to ramp up its operations on domestic…
Read MoreTN to build international greenfield airport in Hosur
The Tamil Nadu government plans to build a greenfield international airport in the industrial town of Hosur, bordering Bengaluru, on nearly 2,000 acres. It is already planning to construct a greenfield airport at Parandur in Kanchipuram district at a cost of Rs 20,000 crore, for which land acquisition is going…
Read MoreTIACA signs MoU with JARUS on unmanned aviation
The International Air Cargo Association (TIACA) and Joint Authorities for Rulemaking on Unmanned Systems (JARUS) signed a Memorandum of Understanding (MoU) during the first TIACA Event Central Asia. The primary objective of the MoU was to strengthen cooperation between TIACA and JARUS with the mission of promoting the contribution…
Read More© 2020 ACE. All Rights Reserved