Preliminary May 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that the COVID-19 pandemic continued to weigh heavily on international air passenger and cargo markets, with the travel and tourism sectors crippled by widespread lockdowns and travel restrictions. In aggregate, the region's airlines carried only 785,000 passengers in May, a 97.5 percent decline compared to the same month last year. The slump in demand, combined with a 92.5 percent … [Read more...] about The Association of Asia Pacific Airlines has released its traffic results for May 2020
Ground Handling & Cargo Terminals
SAL launches its pharma facilities at KFIA Cargo Village with operational capacity of 14,000 tons a year
Saudi Arabian Logistics (SAL) has launched the operations of its state-of-the-art pharma facilities recently opened at the Dammam-based King Fahad International Airport’s Cargo Village. The new warehouses will support the infrastructure of pharma and medical equipment handling facilities as per the international standards of the World Health Organisation (WHO), the European Union Good Distribution Practice, and the Saudi Food and Drug Authority (SFDA). A subsidiary of the Saudi Arabian … [Read more...] about SAL launches its pharma facilities at KFIA Cargo Village with operational capacity of 14,000 tons a year
DHL Express to build new gateway at Munich Airport
DHL Express Germany and Munich Airport have concluded an agreement for the construction of a new cargo building at Munich Airport. The new building will be built on the site currently occupied by the car parks P 80 and P 80 West and will have a gross floor area of more than 8,000 square meters. For the first time, the partners signed the contract digitally, reflecting the current restrictions. DHL Express will plan, build, and operate the new building and lease the land for it from Munich … [Read more...] about DHL Express to build new gateway at Munich Airport
Investments in airport pharma facilities paying off for WFS
Worldwide Flight Services’ (WFS) investment in 12 dedicated pharma facilities at airports in Europe, the United States, and Africa generated significant increases in time- and temperature-sensitive volumes in the first five months of 2020, and will provide vital support to airlines, freight forwarders and their healthcare customers involved in the global distribution of a coronavirus vaccine once one becomes available. The growth of pharma shipments by air in the past 2-3 years and the … [Read more...] about Investments in airport pharma facilities paying off for WFS
PayCargo Capital credit facility helps keep fresh produce supply chain moving
PayCargo Capital, a sister company of the global online payment platform PayCargo, is working with businesses in the fresh produce supply chain to provide fast and flexible financing for the movement of perishable cargo. Customers of PayCargo in North America can apply for credit of USD50,000 to USD2,500,000 for a 15 to 45-day period. “The use of the PayCargo platform with financing from PayCargo Capital has dramatically helped fresh produce companies, as managing cash flow, paying for … [Read more...] about PayCargo Capital credit facility helps keep fresh produce supply chain moving
U-Freight charters Russian aircraft to deliver PPE to the Big Apple
The U-Freight Group chartered an Aeroflot passenger aircraft, which had been reconfigured to handle freight only, to airfreight over 2,000 cartons of urgently needed personal protective equipment (PPE) from Beijing to New York. This was the most recent in a number of full aircraft charters that the Hong Kong-based logistics company continues to arrange for a variety of customers across the globe, providing forwarding operations for epidemic prevention materials to fight the spread of the … [Read more...] about U-Freight charters Russian aircraft to deliver PPE to the Big Apple