PT Angkasa Pura II, Indonesia’s largest airport operator, is pushing ahead with the construction of a new goods-handling facility in Jakarta, betting the movement of cargo will help an industry laid to waste by the reduction in passenger flights, Bloomberg reports. It’s calling upon third parties that are interested in investing alongside it to submit proposals in the fourth quarter. The total investment is “estimated to be 7.5 trillion to 8 trillion rupiah ($545 million),” President … [Read more...] about Indonesia’s biggest airport operator looks to cargo amidst slump
Ground Handling & Cargo Terminals
GTA dnata to start ground handling operations in Vancouver by Q4
GTA dnata has been awarded a 5-year ground handling license to operate at Vancouver International Airport (YVR). The company will provide ramp, passenger and cargo warehousing services by the fourth quarter of 2020, a press release confirmed. The Canadian joint venture was established when Dubai-based dnata bought a 50-percent stake in GTA Aviation’s cargo and ground handling operations at Toronto Pearson International Airport, marking the entry of the Dubai-based air services provider into … [Read more...] about GTA dnata to start ground handling operations in Vancouver by Q4
Swissport nabs €300 million financing, shakes on restructuring deal ‘in principle’
Cargo ground handler Swissport bagged €300 million of committed interim financing from an ad hoc group of senior secured creditors, which will top-up on its current liquidity position of more than €200 million as of 18 August, a press release confirmed. Swissport says this will give them ample headroom to trade and execute operational plans through the Covid-19 pandemic as well as take advantage of growth opportunities post-crisis, strengthening its position in the passenger services and air … [Read more...] about Swissport nabs €300 million financing, shakes on restructuring deal ‘in principle’
Swissport, Qatar Airways Cargo ink service deals in Amsterdam and UK
Contracts include ground handling and cargo services at Manchester and Birmingham under initial 5-year deals. Swissport signed another contract with Qatar Airways Cargo extending ground handling and cargo services for the Doha-based carrier at Amsterdam’s Schiphol airport for another five years, a press release confirmed. Besides ramp handling and air cargo warehousing, the contract includes general cargo, pharmaceuticals, dangerous goods and temperature-sensitive goods, serving as a … [Read more...] about Swissport, Qatar Airways Cargo ink service deals in Amsterdam and UK
WFS inks deal with Air France KLM Martinair Cargo at Brussels Airport
Worldwide Flight Services (WFS) has won a five-year contract with Air France KLM Martinair Cargo at Brussels Airport, according to a press release. WFS will provide handling services, including cargo, mail and truck handling, for the French carrier at its upcoming 25,000-sqm facility in the airport, for some 30,000 tonnes annually. The €100 million new facility, located in Building 835 at Brussels Airport, will incorporate 3,000 square metres of cooling facilities for pharma and … [Read more...] about WFS inks deal with Air France KLM Martinair Cargo at Brussels Airport
DB Schenker opens €101 million warehouse in Singapore
German logistics firm DB Schenker has started operations at its newest Singapore regional hub at Changi Airport, the company announced in a press release. Worth 101 million euros, DB Schenker said that the ‘Red Lion’ warehouse in the Airport Logistics Park of Singapore is the single largest investment in its corporate history and will be the first warehouse to offer an in-house robotic labeling system with multilingual options. Extending over 51,400 square metres on five floors, the … [Read more...] about DB Schenker opens €101 million warehouse in Singapore