Indian domestic air cargo traffic has halted its sharp decline, with March figures showing a decline of only 2.4 per cent compared to nearly an 11 per cent drop in February, according to the Airports Authority of India (AAI). Overall, total freight traffic - international and domestic - handled at all Indian airports decreased by 4.5 per cent in March 2009 compared to the same month a year earlier. International freight traffic registered a decrease of 5.5 per cent during March. … [Read more...] about India's air cargo free-fall bottoms out
Finnair's latest A330 on Delhi route
Finnair's third A330 aircraft will make its first commercial flight to Delhi on 20 May after which it will start regular scheduled flights between the Indian capital and New York. The new A330 aircraft are part of a major long haul fleet renewal which will see Finnair take delivery of a total of five new A330s this year. … [Read more...] about Finnair's latest A330 on Delhi route
Time:Matters & Jetpak team up on spare parts
Time:matters, the special service provider for courier, same day and emergency logistics as well as time-critical spare parts logistics and Jetpak, a Nordic market leader for time-critical express logistics solutions, have developed a joint flight network specifically for the transport of time-critical spare parts. The new high-frequency, in-night network connects Central European commercial centers with Northern European destinations such as Stockholm, Oslo, Copenhagen and Helsinki as well as … [Read more...] about Time:Matters & Jetpak team up on spare parts
Rhenus & Lufthansa team up to boost volumes
Rhenus Freight Logistics and Lufthansa Cargo have signed an agreement aimed at winning more air freight business from medium-sized European companies shipping to the US, Asia and Middle East. Rhenus, which has annual turnover of some €3.3 billion (US$4.5 billion), said it would introduce its European shipper customers to Lufthansa Cargo as part of the preferred partner deal. “Our customers obtain reliable and high-quality services for their air freight in return,†added Marc … [Read more...] about Rhenus & Lufthansa team up to boost volumes
Singapore Airlines sees profits plunge 92%
Singapore Airlines (SIA) said its January-March profit plunged 92 per cent as the global economic slowdown depressed passenger and cargo movements. The carrier's net profit for its fiscal fourth quarter was S$41.9 million (US$28.7 million), down from S$528 million a year earlier, it said in a statement. That took the net profit for the whole year to S$1.06 billion, down 48 per cent from the previous year. The company's cargo division, SIA Cargo, booked a loss of S$245 million, reflecting the … [Read more...] about Singapore Airlines sees profits plunge 92%
Time:Matters & Jetpak team up on spare parts
Time:matters, the special service provider for courier, same day and emergency logistics as well as time-critical spare parts logistics and Jetpak, a Nordic market leader for time-critical express logistics solutions, have developed a joint flight network specifically for the transport of time-critical spare parts. The new high-frequency, in-night network connects Central European commercial centers with Northern European destinations such as Stockholm, Oslo, Copenhagen and Helsinki as well as … [Read more...] about Time:Matters & Jetpak team up on spare parts
