Malaysia Aviation Group Bhd is weighing the sale of a minor stake in its air cargo unit to a strategic partner, according to people familiar with the matter. The parent of Malaysia Airlines Bhd. has invited banks to submit proposals as it seeks ways to expand the business, the people said, asking not to be identified because the information is private. A deal could value the unit, known as MASkargo, at more than $1 billion, the people said. Malaysia Aviation Group may also seek as much as … [Read more...] about Parent company weighs minor stake sale in MASkargo
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Air & Cargo Services
Air cargo messaging solution finds way into Southeast Asia
SmartKargo has now embedded advanced encrypted messaging into its ecommerce shipping solution for free to its airline clients, including low-cost carrier Air Asia in Southeast Asia. Air Asia, through its air freight unit Teleport, recently implemented the EDIfly messaging solution with its ground handling partners in Indonesia, Payload Asia learned. SmartKargo said the platform facilitates exchanges for a growing number of partners in ground handling and warehouse management, airline … [Read more...] about Air cargo messaging solution finds way into Southeast Asia
Asia Pacific carriers take next step to zero emissions target
The Association of Asia Pacific Airlines (AAPA) last week announced full support to the Air Transport Action Group’s statement declaring the adoption of a long-term climate goal in the air transport sector to achieve net zero carbon emissions by 2050. The airline trade group had earlier announced its own commitment to the net zero emissions goal in September and has already adopted the ICAO CORSIA as part of a broader set of industry measures to achieve carbon neutral growth from 2020 … [Read more...] about Asia Pacific carriers take next step to zero emissions target
Ceva’s HKG, AMS air hubs get lithium batt certification
CEVA Logistics is reassuring clients in its ability to transport lithium batteries as it became the first logistics player to receive IATA’s new CEIV Lithium Battery certification for its air freight stations in Hong Kong and Amsterdam. The company said it teamed up with IATA to support the development of the new certification programme given its experience in transporting batteries of all types and sizes. In the automotive industry, Ceva works with 14 of the 15 largest original equipment … [Read more...] about Ceva’s HKG, AMS air hubs get lithium batt certification
ECS Group goes beyond traditional cargo sales
ECS Group is reorganising and taking the archetypal GSA structure to a whole new level with a new ‘augmented GSA’ concept that is built on four pillars: new abilities, technology, commercial, and sustainability. The company said emerging digital development and platforms, complex commodities and regulations, and a growing emphasis on the United Nations’ Sustainable Development Goals have resulted in companies wanting to adapt to these changes to stay relevant. “Over the course of the past … [Read more...] about ECS Group goes beyond traditional cargo sales
FedEx adds capacity between Singapore and Sydney
FedEx is adding four additional flights each week from Singapore to Sydney, doubling its flight operations between the two countries to eight flights per week. The move comes amidst increasing demand for freight shipments driven by e-commerce between the two countries in Asia Pacific. The integrator is looking to better support businesses and exporters with increased and reliable capacity Audrey Cheong, regional vice president for Southeast Asia at FedEx, said more cross-border flights … [Read more...] about FedEx adds capacity between Singapore and Sydney
