HEADLINE
Asia Pacific Airlines see expansion in cargo markets
Preliminary May 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed solid expansion in both international air passenger demand and air cargo markets, in tandem with an acceleration in economic activity globally. Driven by buoyant trade activity within the region and globally, Asian carriers saw…
Read MoreAkasa Air to operate daily flights to Abu Dhabi from Mumbai; to expand fleet by 200 aircraft
Akasa Air has expanded its global presence by adding Abu Dhabi, the capital of the United Arab Emirates, as another international destination. Starting from July 11, 2024, Akasa Air will operate daily direct flights connecting Abu Dhabi with Mumbai. Meanwhile, the airline, which currently has a fleet of 24…
Read MoreA350-900 aircraft on the Delhi-London route, says Air India
Air India will start operating its wide-body A350-900 aircraft on the Delhi-London route with two daily flights from September 1, 2024 The flights will introduce the plane on the international long-haul route as Air India revamps and expands its operations to strengthen its presence in international and domestic segments….
Read MoreWFS extends partnership with American Airlines in Europe with new cargo handling contract in Copenhagen
Worldwide Flight Services (WFS), a member of the SATS Group, has extended its partnership with American Airlines in Europe with a new cargo handling contract in Copenhagen to support the launch of the airline’s daily Boeing 787 flights between Denmark and its transatlantic hub in Philadelphia. In Europe, WFS…
Read MoreUPS announces sale of its Coyote Logistics business unit
UPS has announced that it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion. “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision to sell our Coyote Logistics business allows…
Read Moretime:matters opens Courier Terminal at Shanghai Pudong Airport
time:matters GmbH is opening a Courier Terminal at Shanghai Pudong Airport for handling courier and express air freight shipments. The launch coincides with the start of transport logistic China on June 25, 2024, and represents a further expansion of the company’s service capacity for handling courier and express air…
Read MoreSF Airlines commences new China-Hungary air cargo route from cargo-focused Ezhou Huahu Airport
SF Airlines has launched a new international air cargo route connecting Ezhou Huahu Airport in central China’s Hubei Province with Budapest in Hungary. Launched on June 17, 2024, the Ezhou-Budapest cargo route is the first route linking Hungary with Ezhou Huahu Airport, China’s first cargo-focused facility. It is also…
Read MoreRates stay firm driven by Asia and Middle East
Air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and Middle Eastern origins, according to the latest weekly figures and analysis from WorldACD Market Data. It elaborates: Although total worldwide tonnages…
Read MoreIndia’s bulk drugs import soars by 13 pc in April-May
Import of bulk drugs in the first two months of 2024-25 grew by 13.06 per cent because prices of active pharmaceutical ingredients are low now. Indian pharma players are stocking up on active pharmaceutical ingredients (APIs) while prices stay low. Data from the Pharmaceutical Exports Promotion Council (Pharmexcil) shows…
Read MoreFinnair mulls re-launching Helsinki-Mumbai service
Finnair is evaluating the re-launch of its Mumbai service even as it flies daily to Delhi. It sees India as an important market, and its aim is to resume the route as soon as the capacity situation allows it, said Finnair’s General Manager (India) Anupam Vig. Finland borders Russia and…
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