With carriers scrambling to find some relief support amidst a downturn, a new investment platform could provide much-needed financing for airlines that are looking to upgrade their fleets with new aircraft. Fixed-income investment manager PIMCO and leading aircraft lessor GE Capital Aviation Services (GECAS) have reached a preliminary agreement to develop an aviation leasing platform to support up to US$3 billion in aircraft asset financing. The transaction will be subject to “customary … [Read more...] about PIMCO and GECAS to set up US$3 billion aircraft leasing fund
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John Peyton Burnett of TAC Index to join jury panel for 7th Payload Asia Awards
John Peyton Burnett comes from a long line of shipping and aviation professionals, who says he is “obsessed with indexing the air cargo market and other new products that can be developed as a result.” He is the founder and managing director of Hong Kong-based TAC Index, a leading provider of weekly pricing data for air freight specialists. TAC Index was formed in 2012, started publishing in 2016 and gained market … [Read more...] about John Peyton Burnett of TAC Index to join jury panel for 7th Payload Asia Awards
This company ensures Airbus’ best seller A320 goes to final production
Yusen Logistics won a three-year deal to provide logistics services for aircraft manufacturer Airbus. Yusen will manage the air and ocean transport of aircraft parts from the airframer’s consolidation hub in Hamburg, Germany to the A320 final assembly line (FAL) and delivery centre in Mobile, Alabama. Working under the Airbus lead transport provider (4PL) framework, Yusen Logistics said it will assist in logistics optimisation, cargo shipment, and intermodal transport as key steps to reduce … [Read more...] about This company ensures Airbus’ best seller A320 goes to final production
SingPost eyes stake in Australian 4PL to boost e-commerce push
Singapore Post (SingPost) is looking to purchase a 38 percent stake in Freight Management Holdings (FMH), a fourth-party logistics (4PL) service company based in Victoria, Australia, for US$62 million (A$85.0 million). Its wholly-owned subsidiary SingPost Logistics Holdings on 16 October entered into a conditional sale and purchase agreement with the existing shareholders of FMH, as well as share subscription agreement with the Australian 4PL for the stake purchase, according to a bourse … [Read more...] about SingPost eyes stake in Australian 4PL to boost e-commerce push
How Volga-Dnepr’s cargo supermarket makes multimodal shipping look easy
ATRAN Airlines, the express cargo carrier of the Volga-Dnepr Group, has recently accomplished a “complex” air/road transport under of essential spare parts for a porous burner unit from Germany to Russia. Porous burners are used as an alternative to conventional heat generation for manufacturing and industry applications because of their ability to reduce emissions. Organised with SIS Logistik under Volga-Dnepr's Cargo Supermarket concept, the first mile of the … [Read more...] about How Volga-Dnepr’s cargo supermarket makes multimodal shipping look easy
SASI’s Stan Wraight joins jury panel at 7th Payload Asia Awards
Mr Stanley Wraight, Stan as colleagues call him, is cofounder of Strategic Aviation Solutions (SASI), a global consulting and management firm which he started with two partners with extensive background in forwarding, airlines, integrators and express. They work with airlines, airports, international trade organisations and financial institutions: the company responsible for developing ICAO’s safe supply chain courses. In China, SASI … [Read more...] about SASI’s Stan Wraight joins jury panel at 7th Payload Asia Awards
