Changi Airport is set to see more cargo capacity between Singapore and India as SpiceJet has launched two weekly services between the city state and three Indian cities, including Bangalore, Chennai and Mumbai. A B737F, operated by its cargo arm SpiceXpress, flew in from Chennai on 20 February, and the new scheduled services is expected to add much needed capacity. This is a welcome development for Singapore’s air hub particularly as it has been in talks with the Indian carrier for several … [Read more...] about Changi welcomes SpiceJet’s scheduled cargo service
air cargo
IATA’s chief economist Pearce to retire in July
Chief economist Brian Pearce will retire from the International Air Transport Association (IATA) in July 2021, after 17 years with the trade association, and a recruitment process has been launched, a press release confirmed. Since joining the organisation in 2004, Pearce, who also serves on the strategic leadership team, has built IATA’s evidence-based economic analysis capabilities into the most authoritative source of insight on aviation’s global performance. Alexandre de Juniac, IATA’s … [Read more...] about IATA’s chief economist Pearce to retire in July
Asia’s flag carriers fly in life-saving vaccines
Accompanied by media frenzy, more vaccine shipments are slowly making their way to Asia brought in by flag carriers, as Malaysia Airlines’ cargo unit MASkargo successfully flew in the first batch of Covid-19 vaccines to Malaysia on 21 February. An Airbus 330-300 converted for cargo flight with One World livery delivered over 300,000 doses of the Pfizer-BioNTech vaccine. A second batch of the same vaccines will arrive on 26 February, and then at fortnightly intervals. The arrival of … [Read more...] about Asia’s flag carriers fly in life-saving vaccines
Keeping up with eCommerce: Key focus areas for air cargo
The increase of work from home activity has accelerated digital adoption in many industries, with eCommerce, in particular, benefiting immensely. For many within the industry, it has been a year of record volumes as consumers moved purchases to online channels and organisations looked to diversify from traditional models. The benefits of growth have helped advanced plans for many in strengthening their eCommerce capabilities. Integrators have been busy extending infrastructure, whilst some … [Read more...] about Keeping up with eCommerce: Key focus areas for air cargo
JD.com eyes US$5 billion IPO for logistics unit
Chinese e-commerce giant JD.com is eyeing to list its shipping business JD Logistics in Hong Kong as it looks to ride on China’s post-coronavirus e-commerce boom. The IPO is expected to raise around $5 billion, which would value the logistics unit at about $40 billion, Bloomberg earlier reported. If the public offering pushes through, JD.com is poised to become China’s second-most valuable delivery company after Shenzhen-listed SF Express, according to South China Morning Post. The move … [Read more...] about JD.com eyes US$5 billion IPO for logistics unit
Asia Pacific leads top emerging markets for logistics
Asia-Pacific nations led all emerging logistics markets as China, India and Indonesia took the top three spots in the Agility Emerging Markets Logistics Index, a broad gauge of competitiveness based on logistics strength and business fundamentals. Among ASEAN countries, Vietnam climbed three spots to end up at eighth, whilst the Philippines inched up a spot to 21. Indonesia, Malaysia and Thailand remained strong to claim the third, fifth and 11th spots, respectively. Also read: Forwarders … [Read more...] about Asia Pacific leads top emerging markets for logistics
