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
Carriers
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
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
Indonesia announces “big bang” opening up including logistics, e-commerce sectors
Indonesia’s President Joko Widodo unveiled plans this week for a "big bang" loosening of restrictions on foreign investment covering nearly 50 sectors of the economy - including the logistics sector - in order to stimulate economic expansion to reach a 7.0 per cent year-on-year gross domestic product (GDP) growth rate by 2019. The changes to Indonesia's Negative Investment List (Dafter Negatif Investasi) - the document that stipulates to what extent foreign investors can own businesses in … [Read more...] about Indonesia announces “big bang” opening up including logistics, e-commerce sectors
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