Singapore Airlines and India's holding conglomerate Tata Sons, have signed a Memorandum of Understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new full-service airline in India to based in New Delhi following regulatory approvals. The two say the creation of the new airline "will help further stimulate demand for air travel" in the country. Tata Sons will own 51 per cent and Singapore Airlines will own 49 per cent. Details of the airline’s … [Read more...] about SIA and Tata to start new Indian airline
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Ground Handling & Cargo Terminals
Slow cargo uptick in July, Asia still weak
The International Air Transport Association (IATA) announced global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June. Global freight tonne kilometres (FTKs) were up 1.2 per cent in July year-on-year, slightly better than the 0.9 per cent year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the July performance, air freight volumes are at their highest level since … [Read more...] about Slow cargo uptick in July, Asia still weak
IATA’s June figures offer hope with 1.2% expansion
The International Air Transport Association (IATA) released June figures showing a 1.2 per cent year-on-year expansion in global air freight demand. Although weak, this is a clear improvement when compared to the 0.9 per cent year-on-year demand growth recorded in May and the 0.1 per cent growth realised over the first half of the year. While previously the global economic trend has been defined by robust emerging economies and stagnant growth in developed markets, the strongest improvements in … [Read more...] about IATA’s June figures offer hope with 1.2% expansion
IATA's June figures offer hope with 1.2% expansion
The International Air Transport Association (IATA) released June figures showing a 1.2 per cent year-on-year expansion in global air freight demand. Although weak, this is a clear improvement when compared to the 0.9 per cent year-on-year demand growth recorded in May and the 0.1 per cent growth realised over the first half of the year. While previously the global economic trend has been defined by robust emerging economies and stagnant growth in developed markets, the strongest improvements in … [Read more...] about IATA's June figures offer hope with 1.2% expansion
Prolonged smoke haze forces Singapore Seletar Airport closure and visibility concerns at Changi
With the city-state of Singapore enveloped in a thick smokey haze from burning forest fires in neighbouring Indonesia, the Civil Aviation Authority of Singapore (CAAS) has closed the island's second airport - Seletar Airport which operates under visual meteorological conditions - to all departing and arriving flights as a result of prolonged poor visibility caused by the haze.The closure on Thursday from 11AM to 11PM was subsequently extended to 2PM Friday as the Runway Visual Range (RVR) … [Read more...] about Prolonged smoke haze forces Singapore Seletar Airport closure and visibility concerns at Changi
ALC welcomes Sydney Airport master plan
The draft Sydney Airport Master Plan contains a number of proposals that have the potential to improve freight efficiency in and around the airport, according to the Australian Logistics Council.“ALC welcomes Sydney Airport's renewed focus on freight in its Master Plan and commends it for taking a proactive approach to meet rising demand over the coming decades,” said Michael Kilgariff, ALC managing director. “According to the NSW Government, freight at Australia's … [Read more...] about ALC welcomes Sydney Airport master plan
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