UK company Sky and Space Global Ltd has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort, the company announced. The placement is priced at $0.03 per share and is conditioned on the lodgement of the prospectus. The funds are to be used to facilitate the launching of the first batch of the company’s Pearls constellation nano-satellites network. The launch with Virgin Orbit is due to take place … [Read more...] about Sky & Space Global raises $12 million
asia cargo news
SpiceJet inducts 10 Boeing 737 MAX8 aircraft
SpiceJet inducted 10 of Boeing's newest and most-advanced 737 MAX8 aircraft, in addition to five of the new 90-seater Q400's and two freighters. The airline flew to eight new destinations and opened another nine routes under UDAN or the regional connectivity scheme flying more than 19 million passengers in the calendar year. Between October and December 2018, there has been an addition of 16 brand new planes which equals to 30 per cent expansion of the fleet. The brand also achieved one of … [Read more...] about SpiceJet inducts 10 Boeing 737 MAX8 aircraft
DHL wins Indian supply chain contract
DHL Supply Chain, the global market leader for contract logistics solutions, has been awarded the warehousing and distribution contract for select sites of the leading global medical technology company Becton Dickinson (BD) in India. The journey with BD started in late 2016, following the Indian government's introduction of the Goods and Services Tax (GST), BD made the strategic decision to review their domestic network in India with a focus on improving their customers' experience. BD's … [Read more...] about DHL wins Indian supply chain contract
FedEx Earns No. 10 Spot on the FORTUNE World’s Most Admired Companies List
This year’s “World’s Most Admired Companies” report lists FedEx as the No. 10 ranked company overall. The survey measures nine attributes related to financial performance and corporate reputation. “To be ranked in the top 10 of the FORTUNE World’s Most Admired Company rankings once again is an incredible achievement, and by no small measure our team members in the Asia Pacific region have contributed to this result,” said Karen Reddington, president, Asia Pacific, FedEx … [Read more...] about FedEx Earns No. 10 Spot on the FORTUNE World’s Most Admired Companies List
DHL Global Forwarding appoints George Lawson as head of Australian operations
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has named George Lawson as Country Manager for Australia from February 1, 2019. Lawson returns to his homeland after decades of leadership experience in the logistics industry around the globe, covering a variety of disciplines from general management, business development and operations. In his most recent role as Country Manager of DHL Global Forwarding India, Lawson grew the business to be an … [Read more...] about DHL Global Forwarding appoints George Lawson as head of Australian operations
Fly better with Emirates this 2019
It is never too early to plan for the next adventure, especially when it comes to treating the travel bug. Travellers will have fun curating another bumper year of travel with Emirates’ 2019 global fare promotion. For a limited time, jet-setters in Singapore can look forward to great deals to key destinations in Emirates’ global network with special Business Class and Economy Class fares. With return fares starting at less than S$450, travellers have another compelling … [Read more...] about Fly better with Emirates this 2019
