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’
Ground Handling & Cargo Terminals
AIR CARGO INDIA: Cargo ‘making it in India'
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'
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
Hactl, CKS join forces to further tap Pearl River Delta cargo
Aiming to further tap the Pearl River Delta region, HACTL Development Holdings Ltd (HDHL) – the business development arm of the Hong Kong Air Cargo Terminal Ltd (Hactl) Group - has entered into a unique cargo logistics agreement with Chu Kong Shipping Enterprises (CKS). The objective of the Memorandam of Understanding (MoU) is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the … [Read more...] about Hactl, CKS join forces to further tap Pearl River Delta cargo
FCS Frankfurt Cargo Services garners SIA Cargo handling renewal
FCS Frankfurt Cargo Services and Singapore Airlines Cargo have renewed the carrier’s cargo handling contract. Hans-Georg Emmert, managing director of FCS said: “We are very pleased that Singapore Airlines, one of Asia’s leading airlines, has decided to extend its contract with FCS Frankfurt Cargo Services for providing landside cargo handling services at Frankfurt Airport. "This extension of the handling contract clearly underscores Singapore Airlines Cargo confidence in FCS, especially our … [Read more...] about FCS Frankfurt Cargo Services garners SIA Cargo handling renewal
Changi stable in 2015, invests in niche cargo segments
While passenger traffic and aircraft movements set new records at Singapore Changi Airport, ‘stability’ was the word of the year for airfreight movements which held steady at 1.85 million tonnes for 2015. While Changi Airport’s total cargo throughput was little changed from a year earlier, there were pockets of growth in niche cargo segments and investment in new cargo infrastructure is expected to drive further growth in some of these niche sectors. For instance, there was strong … [Read more...] about Changi stable in 2015, invests in niche cargo segments