India’s air cargo sector is expected to grow by more than 180 per cent within the next 15 years, in a large part boosted by Indian Prime Minister Narendra Modi’s 'Make in India’ campaign focusing on growing manufacturing from its present 15 per cent of GDP to a full 25 per cent by 2022, according to Dr Renu Singh Parmar, senior adviser for India’s ministry of civil aviation. She also estimated that India's air cargo throughput would rise from 2.6 million tonnes in 2015 to nearly 8.7 million … [Read more...] about AIR CARGO INDIA: Cargo ‘making it in India'
Airports
Global cargo growth barely ekes out 2.3% growth in 2015
While global passenger traffic grew by 5.9 per cent in the month of December 2015 and by 6.1 per cent for the period from January to December 2015, global air freight markets were substantially weaker, coming to the finish line with a modest 2.3 per cent growth in total freight, according to the Airports Council International (ACI). This modest growth was largely due to subdued growth in emerging markets and developing economies, along with a more modest recovery in advanced economies, ACI … [Read more...] about Global cargo growth barely ekes out 2.3% growth in 2015
Changi Airport beefs up cargo industry support with $14m package
Changi Airport Group (CAG) announced today a S$14 million package of support measures for its cargo partners, which will provide the sector with cost relief against the backdrop of a challenging outlook for the global airfreight industry. These measures, which include a one-time Special Assistance Package (SAP) for cargo agents and the extension of a landing fee rebate for scheduled freighter flights will apply for a year starting from 1 April 2016. Currently, cargo agents leasing cargo … [Read more...] about Changi Airport beefs up cargo industry support with $14m package
Bangladesh’s garment trade hit hard by concerns over Dhaka airport security
Security concerns over Bangladesh’s Dhaka Shahjalal International Airport are threatening impacting imports and exports, particularly the country’s lucrative garment trade. A recent ban by the Australian government on certain types of air cargo going Down Under has badly dented Bangladesh’s ready-made garment trade. Similarly, the UK Civil Aviation Authority urged Bangladesh in January to adopt new security measures within the next three months, insisting on a “three-layer security system” … [Read more...] about Bangladesh’s garment trade hit hard by concerns over Dhaka airport security
Fraport sees flat-lined cargo volumes in January
Frankfurt Airport (FRA) has started off the year with cargo volumes reaching a similar level as in 2015, with 159,650 tonnes handled at FRA in January 2016, down 0.1 per cent year-on-year. Passenger growth continued its growth track on the other hand, rising 2.2 per cent year-on-year to 4.2 million passengers in January. Accumulated maximum takeoff weights (MTOWs) rose by 1.1 per cent to more than 2.2 million tonnes, while aircraft movements decreased in January by 1.1 per cent to 34,244 … [Read more...] about Fraport sees flat-lined cargo volumes in January
ICAO reaches agreement on CO2 emissions standard
Governments, industry and environmental groups meeting at the International Civil Aviation Organisation (ICAO) have finalised the design of the first global certification standard for CO2 emissions from new aircraft. The new environmental standard was unanimously recommended by the 170 international experts on ICAO's Committee on Aviation Environmental Protection (CAEP), paving the way for its ultimate adoption by the UN agency's 36-State Governing Council. The standard, which has taken six … [Read more...] about ICAO reaches agreement on CO2 emissions standard