The express sector in India has a bright outlook according to Rajesh Subramaniam, senior VP, International Marketing, FedEx Services. “As a fastgrowing, market-driven economy, we believe India is poised to take a leadingrole on the world’s stage,” he said in an interview with India’s Business Line. India’s logistics industry is set to see tremendous growth with estimates forecasting the logistic business is expected to reach a market size of over US$125 billion … [Read more...] about India: Bright outlook for Indian express sector: Fedex
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India: Jet losing money but expects to top Air India
Jet Airway CEO Wolfgang Prock-Schauer is expecting another loss in the current financial year but believes the carrier will pass Air India in terms of revenue for the 12 months ending 31 March, 2009, to become India’s leadingairline. Jet, which lost US$100 million on US$2.3 billion in revenue for the yearended 31 March, does not expect to be profitable in the current fiscal year. All of India’s carriers are under pressure owing to overcapacity and farecutting as well as high … [Read more...] about India: Jet losing money but expects to top Air India
India: Rajiv Gandhi airport gears up for cargo
World-class cargo facilities at the Rajiv Gandhi International Airport (RGIA) has opened up opportunities for large-bodied freighter planes with the first two air charters-Boeing 747-200 freighter and Boeing 747-400F-landing at the airport recently. MK Airlines’ charter flight on behalf of Lufthansa Charter and FedEx’s charter plane to pick-up cargo at RGIA both occurred in early September. “These flights mark the first step in GMR Hyderabad International Airport … [Read more...] about India: Rajiv Gandhi airport gears up for cargo
Philippines: Senator drops in on AerOceaNetwork meeting
The international delegates of the 2008 AerOceaNetwork conference in Manila had a surprise visitor: Senator Ana Consuelo “Jamby” Madrigal stopped by to wish executive director Gary Dale Cearley and the Filipino delegates, as well as the AerOceaNetwork members from around the world. “Senator Madrigal’s visit was unexpected,” said Gary Dale Cearley, “But I am happy she took some time with us. The meeting was already going very well but the senator’s … [Read more...] about Philippines: Senator drops in on AerOceaNetwork meeting
New Zealand: Air NZ makes enviro history
history last month with the first “gate-to-gate optimised flight,” between New Zealand and San Francisco. The 777-200ER flight, dubbed ASPIRE 1 (Asia and South Pacific Initiative to Reduce Emissions), started in Auckland and consumed 4,600 litres less fuel than normal using a host of strategies to minimise fuel usage. That translated into 10.8 tonnes fewer CO2 emissions. ASPIRE is a joint initiative among US FAA, Airways NZ and Airservices Australia. The 777-200ER was cleared … [Read more...] about New Zealand: Air NZ makes enviro history
Hong Kong: AAT announces 7% drop in August volumes
August volumes Asia Airfreight Terminal Co Ltd (AAT) announced its tonnage throughput for August was 51,453 tonnes, down 7 per cent compared with the same period last year. Export cargo registered 35,140 tonnes, recording a decrease of 6 per cent from last year. Import cargo volume for Augustwas 15,942 tonnes, down 10 per cent from 2007. Transhipment cargo volumewas 371 tonnes, recording a decline of34 per cent when compared against correspondingperiod in 2007. A total of 411,954 tonnes were … [Read more...] about Hong Kong: AAT announces 7% drop in August volumes
