Saudia Cargo wants to continue providing tailor-made solutions for its partners and this time the airline has signed a new 12-month ‘space and service commitment’ agreement with Cainiao Network, the logistics arm of Alibaba Group. The deal, which covers the period from 1 April 2023 to 31 March 2024, exclusively secures air freight space for Cainiao on select Saudia freighter flights from Hong Kong to Riyadh and Liege. An official signing of the new agreement was held in … [Read more...] about Saudia, Cainiao make space for Alibaba shipments
How FedEx is supporting the MRO industry’s takeoff
After more than two years of pandemic-wrought turbulence, the global aviation industry—including the critical maintenance, repair and overhaul (MRO) sector—has reason for good cheer, with travellers all around the world planning their dream vacations. Countries have begun to open their borders once again, as we move towards a post-pandemic world with global MRO spend forecasted to grow annually by 4.4 percent between 2022 and 2032 as skies are filled with the roar of jet engines. The … [Read more...] about How FedEx is supporting the MRO industry’s takeoff
Maastricht Aachen Airport begins €35.3m upgrade
Maastricht Aachen Airport (MST), considered the second largest cargo hub in the Netherlands, has started renovation work on its runway as part of an €100-million infrastructure investment plan over the next few years. The regional airport is investing €35.3 million in its runway upgrade between May and June in anticipation of a project to extend its operational length to 2,750 metres by January 2025. “Maastricht has much to offer the Dutch air cargo community, with no slot restrictions or … [Read more...] about Maastricht Aachen Airport begins €35.3m upgrade
New Atlas Air chief to take helm in June
From 15 June, Michael T. Steen, currently the executive vice president and chief commercial officer , will take the helm as chief executive officer (CEO) of Atlas Air. Steen has more than 30 years of experience in aviation and logistics, including 16 years of executive leadership experience with Atlas. He has served as chief commercial officer since 2007. He also serves on the board of directors at CHC Helicopters. Michael Steen will succeed John W. Dietrich, who is retiring from the … [Read more...] about New Atlas Air chief to take helm in June
DB Schenker opens Korean logistics centre
DB Schenker has its crosshairs on Northeast Asia as the German transport and logistics operator opened a 40,000-sqm global distribution and logistics centre at the Incheon Free trade zone in South Korea. The KLC 2 warehouse, as it is called, is said to be one of the largest investments for DB Schenker in the region. The facility offers more than 40,000 square meters of storage space and features TAPA A, LEED GOLD certification, and adhered to NFPA standards. The land area is 13,440 square … [Read more...] about DB Schenker opens Korean logistics centre
Air freight at Changi slips; travel picks up in Q1
Singapore Changi Airport saw muted cargo volumes in March compared to the same period last year, as the Asia Pacific hub recorded 152,000 tonnes. For the first quarter, air freight movements at Changi totalled 417,000 tonnes, sliding 9 percent year-on-year. The group said demand remained soft, especially in the first two months of the year, no thanks to global economic uncertainty and inflationary pressures. For the period, its top five markets were Australia, China, Hong Kong, India and the … [Read more...] about Air freight at Changi slips; travel picks up in Q1
