Global freight growth dropped dramatically in November according to the latest statistics released by Airports Council International (ACI) from 165 key airports around the world. International freight plummeted by 15.6 per cent and domestic tonnage by 13.1 per cent onaverage. The year-to-date and the rolling 12-month year periods also registered negative growth compared to the same time period of the previous year leaving only the Middle East with positive results amongst all the regions. … [Read more...] about MIDDLE EAST: ACI reports Nov drop in global air traffic
Air Freight Asia
MIDDLE EAST: DHL links Europe to the ME by road
DHL Freight, the overland transport business of German global logistics group Deutsche Post World Net, has announced the launch of a regular road freight service between Europe and the Middle East, which it is touting as a lower cost alternative to air freight with faster transit times than ocean freight. “For shipments to and from the fast-growing Middle East region, DHL customers can now choose the most suitable mode of transport depending on the time/cost restraints associated with … [Read more...] about MIDDLE EAST: DHL links Europe to the ME by road
INDIA: India not likely to OK foreign investment
The Indian government is unlikely to allow foreign airlines to directly buy stakes in local carriers before the upcoming federal elections, Dow Jonesreported. Indian carriers, like Kingfisher Airlines and SpiceJet, have urged the government to allow them to sell stakes to raise funds with foreign carriers including British Airways and Virgin Airways having expressed interest in investing in India’s growing aviation sector. The finance ministry official’s comments follow a … [Read more...] about INDIA: India not likely to OK foreign investment
INDIA: Jet Airways in talks to lease aircraft to Oman Air
India’s Jet Airways is in talks with Oman Air on commercial cooperation including possible leasing of its aircraft to Oman Air. “We are in talks with Oman Air for commercial cooperation about leasing of aircraft,” Saroj K. Datta, executive director of Jet Airways said according to a Times of Oman report. “We have some surplus aircraft and wanted to know whether Oman Air would be interested in leasing them.” The announcement is likely to be made in a couple … [Read more...] about INDIA: Jet Airways in talks to lease aircraft to Oman Air
INDIA: Jet-Kingfisher alliance operational in 6 months
The alliance between India’s two largest private carriers Jet Airways and Kingfisher Airlines – which if fully implemented would give the duo a nearly 58 per cent market share – will take six months to be fully operational, accordingto Kingfi sher Chairman Vijay Mallya. Already the two carriers were cooperating “very closely in many ways” but it was not as simple as it sounded to operationalise the agreement, signed by them last October, Mallya told the Press … [Read more...] about INDIA: Jet-Kingfisher alliance operational in 6 months
NEW ZEALAND: New US-NZ freighter service for Qantas
In an attempt to diversify its business exposure to the ongoing global economic contagion, Qantas Freight has launched a direct, weekly B747-400 freighter service between the US and New Zealand from February. “Our new freighter service will provide main deck capacity between the US east coast and New Zealand as well as from New Zealand into Australia, with connections to Asian ports including Bangkok, Hong Kong and Shanghai,” said group general manager Qantas Freight Stephen … [Read more...] about NEW ZEALAND: New US-NZ freighter service for Qantas
