The quick recovery of July’s global IT outage produced no significant ongoing disruption to resurgent air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta. Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year. This was again driven by strong global cargo demand growth. July volumes rose +13% year-on-year, thanks to buoyant e-commerce demand from Asia as well as the comparatively low demand … [Read more...] about Xeneta reports resilient air cargo market despite July IT outage
air cargo
Lufthansa Cargo continues to rely on the cargo handling services of Vienna Airport
Lufthansa Cargo has extended its contract with Vienna Airport for cargo handling services until the end of 2028. The cargo airline is one of the most important customers of the airport's own cargo handling services and the Vienna Airport Pharma Handling Center. Vienna Airport is the most punctual hub in the Lufthansa network and impresses with its efficient and high-quality services. Lufthansa Cargo has relied on cargo handling services at the Austrian capital airport since 2010. In addition … [Read more...] about Lufthansa Cargo continues to rely on the cargo handling services of Vienna Airport
Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Teleport extends its Total Cargo Management capabilities beyond AirAsia, with Vietjet Air Cargo on its New Delhi – Ho Chi Minh City belly space Teleport, an integrated logistics solutions provider, announced today that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho Chi Minh City belly space. This is leveraging off the back of Teleport’s capability built from its existing exclusive commercial rights, delivering the same end-to-end Total Cargo … [Read more...] about Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Budapest Airport Revolutionises Cargo Operations With Kale Info Solutions’ Airport Cargo Community System
Kale Info Solutions’ Airport Cargo Community System continues to digitalise the industry, with its latest adoption at Budapest Airport Kale Logistics Solutions (Kale), a specialist in providing innovative technological products for the logistics industry, has proudly announced its collaboration with Budapest Airport (BUD), Hungary, to revolutionise cargo operations through the implementation of its cutting-edge Airport Cargo Community System (ACS). The partnership between Kale Info … [Read more...] about Budapest Airport Revolutionises Cargo Operations With Kale Info Solutions’ Airport Cargo Community System
FedEx adds Asia-Europe capacity with new PEK-CDG route
FedEx Express has announced a new route between Asia and Europe with flights connecting Beijing (PEK) to Charles de Gaulle (CDG) in Paris, which serves as the integrator's European hub. The new service will provide 10 connections each week via Kansai International Airport in Osaka, with extended cut-off time for same day outbound shipments from Beijing to Europe. Kawal Preet, AMEA president at FedEx Express, said the move comes amidst strong forecast demand, with trade between China and … [Read more...] about FedEx adds Asia-Europe capacity with new PEK-CDG route
IATA’s new North Asia head returns to Beijing
The International Air Transport Association (IATA) has elected Dr. Xie Xingquan as its Regional Vice President for North Asia effective 15 June. Xingquan, who has been with IATA since 2011, was most recently the association’s Assistant Director, Legal, based in Montreal. He will now relocate to the regional office in Beijing to oversee the group's activities across North Asia, where it has 40 member airlines. Dr. Xie has held various appointments in China, Canada and Singapore throughout … [Read more...] about IATA’s new North Asia head returns to Beijing
