AirBridgeCargo Airlines (ABC) has reported a heady start to 2016 with a 30 per cent year-on-year rise in tonnage in January to 43,605 tonnes of cargo – a record performance and growth for the airline for the first month of the year. Denis Ilin, ABC’s executive president noted that the company’s rapid expansion has resulted in "diversified network coverage, matched by a high level of service that has helped us to gain the appreciation and trust of our customers in what we do.” As a result, … [Read more...] about ABC starts 2016 off with a bang, eyes global expansion
Boeing sees demand for 3,750 aircraft in SE Asia over next 20 years
Boeing projects a demand for 3,750 new aircraft, valued at US$550 billion, over the next 20 years in Southeast Asia which comprises nine per cent of the total worldwide demand for 38,050 new aircraft over the period. The company presented its Southeast Asia Current Market Outlook (CMO) in Singapore, ahead of the biennial Singapore Airshow, forecasting the region will continue its strong annual traffic growth at 6.5 per cent. “Southeast Asia continues to be an important market for Boeing and … [Read more...] about Boeing sees demand for 3,750 aircraft in SE Asia over next 20 years
Swiss WorldCargo joins e-AWB 360 vanguard
Swiss WorldCargo, the air cargo division of SWISS, has been intensifying its efforts to adopt the new electronic air waybill or e-AWB. The carrier is one of a number of International Air Transport Association (IATA) airlines that have taken the lead in the e-AWB 360 campaign, and have committed to offering e-AWB under the 'Single Process' concept at a number of airports. The 'e-AWB 360 campaign’ is being promoted by IATA to accelerate process implementation. Amsterdam Schiphol (AMS) became … [Read more...] about Swiss WorldCargo joins e-AWB 360 vanguard
SingPost ups stake in Shenzhen e-commerce company
Singapore Post Limited (SingPost) has purchased an additional 17.91 per cent of the equity in eCommerce cross-border solutions provider, Shenzhen 4PX Information Technology Co. Ltd (4PX). The deal worth RMB163.16 million (US$25 million) will see SingPost, through its wholly-owned subsidiary Quantium Solutions International (QSI), increase its equity interest in 4PX from 18 per cent to 35.91 per cent. Headquartered in southern China’s Pear River Delta region, 4PX is one of China’s top … [Read more...] about SingPost ups stake in Shenzhen e-commerce company
CargoLogicAir completes first set of charters
Volga-Dnepr-backed CargoLogicAir (CLA) has completed its first series of charter flights since receiving its Air Operator Certificate from the UK Civil Aviation Authority. Ahead of the launch of scheduled cargo services, the new British cargo airline’s launch customer was Chapman Freeborn Italia, the global aircraft charter specialists, which organised two B747-400 Freighter charters with CLA to Bari in Italy. CLA’s first charter flights to Bari via Frankfurt carried a total of 113 tonnes of … [Read more...] about CargoLogicAir completes first set of charters
DHL said to be looking at possible sale of forwarding arm
Deutsche Post unit, DHL, is said to be looking at shedding its troubled freight forwarding division either by spinning if off in some form of strategic joint venture, or outright sale with Japan Post highlighted as a potential suitor, according to a Reuters report. The air and ocean forwarding units would be included in this move, with the land freight forwarding unit likely kept, the report noted citing an un-named source. An outright acquisition of the entire forwarding divison has been … [Read more...] about DHL said to be looking at possible sale of forwarding arm
