Jet Airways Cargo is following up its success in the UK with a drive to grab a share of the Irish market. The airline now has plenty of cargo space following its introduction of larger B777 aircraft on its primary London-Mumbai route, and can transfer cargo from all Ireland’s major airports using overnight express road feeders. Jet Airways began operations to Europe just two years ago. It currently has 14 B777 fl ights per week from London to Mumbai, plus daily A330 fl ights to Delhi, … [Read more...] about INDIA: IAM targets Irish market for Jet

Tata Group, which started India’s fi rst airline in the 1930s, is planning a foray into the manufacture of aircraft components for exports, according to a report in the Times of India. The group is acquiring land at a special economic zone (SEZ) in Nagpur for setting up the component manufacturing plant. Incidentally, US aircraft maker Boeing too is setting up a maintenance, repair and overhaul (MRO) facility at the Nagpur SEZ. Tata Motors ED, Finance Praveen Kadle said that the … [Read more...] about INDIA: Tata Group to build aircraft components

Japan and India will seek to bolster lagging business ties between Asia’s largest and third-largest economies. Japan is India’s biggest donor of economic aid, but trade and investment between the two have been unspectacular as Japanese companies have focused on China and Southeast Asian nations, such as Thailand and Vietnam. The two countries have already agreed to forge an economic partnership agreement within two years, and they also have an ambitious plan to build, with Japanese … [Read more...] about INDIA: India, Japan seek to boost economic ties

Indian logistics fi rm Gati said it was looking to double its turnover from India to Rs1,000 crore by 2009, on the back of expanding courier business and services like fax, printing and internet browsing offered through retail outlets, the Economic Times reported. The company launched ‘Cafe d’eliver’, its third retail outlet in the country, through which it plans to generate a revenue of Rs250 crore in the next two years. The outlet, in addition to offering courier … [Read more...] about INDIA: Gati eyes double turnover

Air New Zealand’s annual results are expected to reveal whether provision has been made for possible fi nes related to air-freight price fi xing. Qantas has set aside US$40 million, following investigations by authorities in the US into collusion on cargo prices by airlines, including Qantas and Air New Zealand. Qantas says it’s possible US competition laws were breached. The Importers Institute says Air New Zealand should also make provision for any fines. … [Read more...] about NEW ZEALAND: ANZ may face price fixing fine

DSV Air & Sea Ltd has concluded an agreement to acquire the activities of its former partner in New Zealand, Leader Container Line International Ltd, also known as JHB International Logistics. The parties have agreed not to publish the acquisition price. The establishment of DSV Air & Sea in New Zealand expands DSV’s coverage in Oceania and complements the DSV group’s global network. … [Read more...] about NEW ZEALAND: DSV Air & Sea buys NZ partner