Emirates airline, Dubai Airports and the aviation sector as a whole contributed US$26.7 billion to the Dubai economy in 2013, which was almost 27 per cent of Dubai’s GDP and supported a total of 416,500 jobs accounting for 21 per cent of the emirates’ total employment. These figures were based on the latest report “Quantifying the Economic Impact of Aviation in Dubai” conducted by global research firm, Oxford Economics, as a follow-up to a 2011 study done by the same … [Read more...] about Aviation to contribute $53.1B to Dubai’s economy
air freighting
Lineage to expand Tacoma cold chain facility
Lineage Logistics, a warehousing and logistics company backed by Bay Grove, is beginning an expansion of its Tacoma, Washington cold storage distribution facility. The new project will be completed in 2015 and will close to triple the building’s frozen warehouse capacity. With the expansion, Lineage’s leading presence in the region will total nearly 1.5 million square feet of refrigerated warehousing space across five warehouses located in Seattle, Algona, Tacoma and Centralia. … [Read more...] about Lineage to expand Tacoma cold chain facility
Dicom Transportation acquires Time Logistics
Wind Point Partners announced that portfolio company Dicom Transportation Group, a provider of business-to-business expedited transportation services based in Montreal, QC, has expanded into the United States through the acquisition of Time Logistics Couriers, LLC. Based in Norcross, Georgia, Time Logistics is an asset-free provider of B2B 3PL services. Utilising a broad national network of agents and 12 strategically located transfer centres, Time provides truckload and less-than-truckload … [Read more...] about Dicom Transportation acquires Time Logistics
Latam's Oct cargo traffic rose 1.5%
Latin America's Latam Airline group says its October 2014 load factor increased 1.6 points to 84.9 per cent and passenger traffic increased by three per cent while capacity increased by 1.1 per cent. Group cargo traffic increased 1.5 per cent on a capacity drop of 2.3 per cent. Cargo load factor increased 2.4 points to 62.9 per cent. The decrease in cargo capacity was a result of decreased availability in the bellies of passenger aircraft in addition to a reduced freighter operation. … [Read more...] about Latam's Oct cargo traffic rose 1.5%
Aviation to contribute $53.1B to Dubai’s economy
Emirates airline, Dubai Airports and the aviation sector as a whole contributed US$26.7 billion to the Dubai economy in 2013, which was almost 27 per cent of Dubai’s GDP and supported a total of 416,500 jobs accounting for 21 per cent of the emirates’ total employment. These figures were based on the latest report “Quantifying the Economic Impact of Aviation in Dubai” conducted by global research firm, Oxford Economics, as a follow-up to a 2011 study done by the same … [Read more...] about Aviation to contribute $53.1B to Dubai’s economy
A350 XWB embarks on demo tour of Asia
New airliner A350-900 took off today from Toulouse for its very first demo tour taking it on an 11-day trip around Asia. This Asian Demo Tour follows the completion of the A350-900 flight test campaign which recently led to the EASA and FAA type certification. After visiting Hong Kong, Singapore and Australia earlier this year during the route proving certification exercise, the A350-900 will now visit more airports and customers in Asia Pacific to demonstrate the aircraft’s … [Read more...] about A350 XWB embarks on demo tour of Asia
