The joint venture between Air India and Singapore Air Terminal Services (SATS) to provide ground and cargo handling services at the Bangalore airport received the government’s approval in March. The government had last year in February approved the AI-SATS joint venture – Air India SATS Airport Services Bangalore – with 50:50 shareholding but needed the approval of the Foreign Investment Promotion Board. … [Read more...] about Air India SATS joint venture gets green light
Air Freight Logistics
Hong Kong air cargo grows 35%
Hong Kong Air Cargo Terminals Limited (Hactl) has released its tonnage throughput for February 2010. A total of 180,033 tonnes were handled in the month, representing a solid year-on-year (y-o-y) growth of 34.7 per cent. Cumulative tonnage for the first two months of the year was 392,656 tonnes, up 42.1 per cent y-o-y. Export volume for February was 91,800 tonnes, up 42.2 per cent y-o-y. Total export volume for January and February was 207,097 tonnes, representing a y-o-y growth of 47.7 per … [Read more...] about Hong Kong air cargo grows 35%
Hong Kong air cargo grows 35%
Hong Kong Air Cargo Terminals Limited (Hactl) has released its tonnage throughput for February 2010. A total of 180,033 tonnes were handled in the month, representing a solid year-on-year (y-o-y) growth of 34.7 per cent. Cumulative tonnage for the first two months of the year was 392,656 tonnes, up 42.1 per cent y-o-y. Export volume for February was 91,800 tonnes, up 42.2 per cent y-o-y. Total export volume for January and February was 207,097 tonnes, representing a y-o-y growth of 47.7 per … [Read more...] about Hong Kong air cargo grows 35%
Asia Pacific airport security market taking off
The market for airport security solutions earned revenues of US$5.2 billion in 2008, and could reach $9.2 billion by 2015, according to newresearch by Frost & Sullivan. The report, titled ‘Asia Pacific Airport Security Market Assessment’, notes that Asia Pacific countries are emerging economies with flourishing trade and tourism sectors. But the rise in passenger numbers brings with it increased security concerns. “These countries are constructing new airports … [Read more...] about Asia Pacific airport security market taking off
Cargonaut and Traxon Europe join forces
The two cargo community system providers Cargonaut International B. V. based at Amsterdam airport and Traxon Europe based in Frankfurt (Germany) have signed a cooperation agreement which took effect at the beginning of this year. Jointly they launched the web based central document and message management system eCargo Pouch designed to fully support the IATA efreight initiative. “We are pooling our resources to speed up new e-freight product developments. In addition, we try to … [Read more...] about Cargonaut and Traxon Europe join forces
FIATA supports adoption of e-AWB
The International Federation of Freight Forwarders Associations (FIATA) has confirmed its support for the introduction of the electronic air waybill (e-AWB) and has encouraged its members in countries where the e-AWB can be used to contact the airlines in order to switch from paper to electronic AWB, as soon as feasible. Lufthansa Cargo expands eFreight Lufthansa Cargo continues the expansion of its “eFreight†operation following the launch of its first paperless airfreight … [Read more...] about FIATA supports adoption of e-AWB


