The Association of Asia Pacific Airlines (AAPA) announced that the annual Assembly of Presidents, initially scheduled to take place in Japan in November, will now be conducted virtually due to ongoing travel restrictions and blanket quarantine requirements in the region. Commenting on the decision, Subhas Menon, AAPA’s director general, “We had very much hoped that we could hold a physical meeting in Japan this year, but unfortunately circumstances do not allow for this to happen. Borders … [Read more...] about AAPA’s Assembly of Presidents to meet in virtual format
Air & Cargo Services
PayCargo snags US$35 million investment led by Insight Partners
PayCargo recently announced a US$35 million injection led by venture capital and private equity firm Insight Partners, based in New York. The online payments company said it will use the capital to expand its electronic payments network and explore investments in technology. As COVID-19 accelerates the adoption of online payments in the cargo market, the investment from Insight Partners comes at a time where vendors and payers are moving away from legacy, paper-based … [Read more...] about PayCargo snags US$35 million investment led by Insight Partners
Lufthansa Cargo gets ninth Boeing 777 freighter in Frankfurt
Lufthansa Cargo welcome its ninth Boeing 777F for the first time at Frankfurt Airport (FRA) on 29 September, a press release confirmed, less than a month after the cargo carrier summoned its eighth Triple Seven freighter. With registration D-ALFI, the freighter was in flight as LH8145 for 10 hours and 10 minutes after take-off from Everett Airport (PAE) in Washington State. The new aircraft bears the name "¡Buenos días México!", which it took over from an aircraft with the … [Read more...] about Lufthansa Cargo gets ninth Boeing 777 freighter in Frankfurt
Vietjet’s cargo revenue up 21 percent, driven by domestic market
Vietjet reported a surge of 23 percent in cargo volume between April and August this year compared to the pre-pandemic first quarter. Cargo volume increased from 16,133 tonnes between January and March 2020 to 19,872 tonnes in the following five months. The airline said such growth was disproportionately driven by the domestic market. Cargo transported within Vietnam grew 54 percent over the first quarter. Meanwhile, air cargo revenue increased 21 percent in the April-August period … [Read more...] about Vietjet’s cargo revenue up 21 percent, driven by domestic market
An-124 delivers Spain’s Airbus-built satellite for space launch
Last week, SEOSAT-Ingenio was loaded at the Torrejón de Ardóz Air Base, near Madrid, on board Volga-Dnepr’s Antonov An-124 cargo plane bound for the Kourou launch site. The Spanish satellite built by Airbus shared the flight to Guyana with the French satellite Taranis from CNES. The launch, scheduled for 18 November aboard a Vega launcher, will see both SEOSAT-Ingenio and Taranis ride-sharing towards similar orbits, at an altitude around 700 km Airbus said a VESPA payload dispenser, … [Read more...] about An-124 delivers Spain’s Airbus-built satellite for space launch
Swissport rolls out own quality label for its pharma facilities
Swissport has launched its own quality label for warehouses, which meet the company’s standards for the storage and handling of temperature-sensitive pharmaceutical goods. Fourteen facilities will initially be labelled under the Swissport Pharma Center name, which will serve as operational benchmarks in Swissport’s network. The company says further facilities will be validated and may be brought under the label. By introducing its own quality label, Swissport plans to leverage its … [Read more...] about Swissport rolls out own quality label for its pharma facilities