Despite a not so traditional peak season for air cargo in the last quarter of 2020, the year ended on a ‘relative high’ in December with the first positive year-on-year growth in weekly volume in over 12 months, according to the latest statistics from CLIVE Data Services and TAC Index. “For an industry looking for every glimmer of positivity, December’s data provided some modest growth indicators,” said Niall van de Wouw, managing director of CLIVE Data Services. “December’s performance … [Read more...] about Global air cargo volume sits on a ‘relative high’ at year-end
Air Freight Logistics
Dachser shuffles top management with new CEO
Dachser is shaking up its board with a new generation of C-suite executives to lead its operations at the start of the new year. The company recently named Burkhard Eling as new CEO effective 1 January. Eling (49), who now leads corporate strategy, human resources, and marketing, will now be the spokesperson of the executive board. He succeeds Bernhard Simon, who will take over as chairman of the family-owned company’s supervisory board in mid-2021. As part of the management shake-up, … [Read more...] about Dachser shuffles top management with new CEO
Dubai Airports and GMR Hyderabad launch vaccine corridor
Dubai Airports and the operator of India's Hyderabad airport, GMR Hyderabad, have signed an MoU to set up an air freight corridor to aid in the distribution of Covid-19 vaccines, following India’s recent approval of two vaccine candidates for emergency use. The vaccine corridor called ‘HYDXB-VAXCOR’ between Dubai and Hyderabad will connect leading vaccine manufacturers in India with markets around the world through the DXB cargo hub. The companies said the agreement will lead to customised … [Read more...] about Dubai Airports and GMR Hyderabad launch vaccine corridor
IAI inks contracts to upgrade South Korea’s Air Force jets
IAI (Israel Aerospace Industries) secured avionic upgrade contracts worth approximately US$50 million for three different aircraft types used by South Korea’s Air Force. The upgrades, which include converting a used aircraft and retrofitting all or parts of it with new and advanced avionic systems, are set to be carried out in the next two years, according to an Israeli news site. IAI recently relocated the wing assembly line for the company’s G280 executive jet to South Korea, considered … [Read more...] about IAI inks contracts to upgrade South Korea’s Air Force jets
7th Payload Asia Awards goes virtual
Book mark your calendars because it’s confirmed! The 7th edition of the Payload Asia Awards is going virtual, and this will be a first for the digital magazine. The awards ceremony is scheduled on 22 January at 1600 SGT and will be graced by stalwarts in the air cargo industry. Attendees will only be limited to 80 virtual seats and final nominees will be invited to pre-register before the event. A video stream of the awards will be posted on social media channels following the virtual … [Read more...] about 7th Payload Asia Awards goes virtual
Cathay Pacific introduces cargo flights to Riyadh
Cathay Pacific Cargo is launching a new scheduled freighter service between Hong Kong and Riyadh (RUH) starting 5 January 2021, to meet strong demand for shipments of e-commerce and other general cargo such as garments, the carrier said. The inaugural flight on 5 January will see the Hong Kong airline operate its B747-400ERF (extended range freighter) aircraft. Flights will operate once per week every Tuesday with a stopover in Dubai (DWC) on the return flight to Hong Kong, with the … [Read more...] about Cathay Pacific introduces cargo flights to Riyadh
