Vietnam may see its first dedicated cargo airline by next year as luxury retailer Imex Pan Pacific Group (IPPG) submitted its proposal to the country’s civil aviation authority (CAAV) to establish an airline dedicated to freight transport. The conglomerate, through its subsidiary IPP Air Cargo JSC, will invest VND2.4 trillion (100 million USD) to develop its logistics capabilites and air network to handle both inbound and out bound shipments in Vietnam. Luxury retail tycoon and IPPG … [Read more...] about Luxury retail group to launch Vietnam’s first cargo airline
air cargo freight
Swissport lands key contract extensions in Asia
Swissport is growing its business in northeast Asia as it extended key contracts in Japan and South Korea with partner airlines and integrators. The air services provider renewed its contract with Air France, KLM and Air Calin at Narita Airport (NRT) in Tokyo and has been providing cargo handling for Air France and KLM at Incheon Airport in Seoul as well as ground services for Air France at Tokyo’s Haneda Airport (HND) since June. Swissport is set to manage cargo volumes of 25,000 tonnes … [Read more...] about Swissport lands key contract extensions in Asia
Antonov moves Black Hawks from Poland to the Philippines
Antonov Airlines has safely transported five S-70i Black Hawk helicopters on a single AN-124-100 flight from Rzeszów, Poland to Angeles City in the Philippines. The cargo weighed 35 tonnes in total, including loading equipment, and the loading procedure, which took a total of 5 hours, was completed using the AN-124-100's winches. Each S-70i helicopter measured 1.75 m long, 3.2 m wide, 3.9 m in height, and weighed 5.6 tonnes. Antonov said detailed loading and unloading plans were developed … [Read more...] about Antonov moves Black Hawks from Poland to the Philippines
Hactl set to handle more aircraft engines at new facility
Hong Kong Air Cargo Terminals Limited (Hactl), is making a bid to increase Hong Kong’s involvement in the movement of aero engines through the establishment of a new Aero Engine Handling Centre (AEHC). Hong Kong’s largest independent handler said the city state is one of only two locations in Asia that have certified repair, modification and overhaul facilities for Rolls-Royce Trent engines, the ones used in the Airbus A330, A340, A350 and A380, as well as the Boeing 777 and 787 … [Read more...] about Hactl set to handle more aircraft engines at new facility
PayCargo raises US$125 million in series B round
Freight payments platform PayCargo has snagged US$125 million series B investment by global venture capital and private equity firm Insight Partners. The series B round comes nine months after the investor injected US$35 million, and the company said this round of investment will allow them to expand into new markets, with a focus on security and data protection, to fit every part of the supply chain. “The incredible growth PayCargo has experienced since our initial investment is a … [Read more...] about PayCargo raises US$125 million in series B round
Cainiao adds capacity for Japanese exports to China
Alibaba's Cainiao Network announced a partnership with sea & air freight customs brokerage SGH Global Japan (SGJ) to help Japanese businesses gain better access to the Chinese market, in time for major shopping festivals like the 618 this month and Double 11 in November. “Japan has always been a key market for us,” said James Zhao, General Manager of Cainiao Global Supply Chain. “SGJ has demonstrated extensive logistics capabilities and business connections that will be instrumental in … [Read more...] about Cainiao adds capacity for Japanese exports to China