Kale Logistics Solutions is accelerating its mission of connecting supply chains and helping facilitate global trade as it raised USD 30 million in a series B funding round led by private equity fund Creaegis Advisors LLP. The funding will be used for scaling up and deploying the company’s cargo community systems with expansion plans into key markets like North America and Europe. The Indian company has been a pioneer in developing software-as-a-service (SaaS) solutions for ports and air … [Read more...] about Kale Logistics eyes North America, EU with $30m funding
Asia Pacific air logistics
Royal Brunei taps Globe Air Cargo to turn up Chinese ops
Royal Brunei Airlines is looking to enhance its air cargo operations in China with added belly capacity on Chinese routes, as it got long-time partner Globe Air Cargo to represent as general sales agent. Globe Air Cargo China has been under contract since 1 July to sell capacity on flights coming in and out of China with a projection of around 100 tonnes by year-end. Royal Brunei Airlines operates three weekly flights from Beijing Airport (PKX) and one weekly flight from … [Read more...] about Royal Brunei taps Globe Air Cargo to turn up Chinese ops
Qatar Airways, DSV open new cargo route from HSV
Qatar Airways Cargo and DSV Global Transportation and Logistics have teamed up to launch a new route from Huntsville airport (HSV) in the US with two freighter services each week. The carrier will operate its Boeing 777 freighters twice a week from Felipe Ángeles International Airport in Mexico to Huntsville en route to Doha via Luxembourg. The freighters from HSV will operate on Thursdays and Sundays every week, offering 200 tonnes of capacity. Mads Ravn, executive vice president at DSV, … [Read more...] about Qatar Airways, DSV open new cargo route from HSV
BBN Airlines Indonesia takes off with cargo service
BBN Airlines Indonesia, a subsidiary of ACMI specialist Avia Solutions Group, has started offering commercial services after it obtained the airline operator certificate issued (AOC) on 31 August. The AOC, awarded by the Directorate of Airworthiness and Aircraft Operations of Indonesia’s Ministry of Transportation, will enable the startup cargo airline to provide ACMI services, air charter flights and air freight services. BBN Airlines Indonesia will initially operate two Boeing 737-800Fs … [Read more...] about BBN Airlines Indonesia takes off with cargo service
Safety is aviation’s top priority at the IATA WSOC in Hanoi
In a few days, aviation safety experts from around the world will assemble in Hanoi, Vietnam for the inaugural World Safety and Operations Conference (WSOC), organized by the International Air Transport Association (IATA), with Vietnam Airlines as the host airline. Under the theme, “Leadership in Action: Driving Safer and More Efficient Operations,” the WSOC will take place on 19-21 September and explore a host of different topics related to safety and operational efficiency across four session … [Read more...] about Safety is aviation’s top priority at the IATA WSOC in Hanoi
Vietjet signs $550m funding deal for aircraft order
Vietjet and Carlyle Group, a US-based financial firm, have signed an aircraft financing agreement worth US$550 million during the official visit of the US President Joe Biden to Vietnam. The agreement will see Carlyle Aviation Partners, a subsidiary of the Carlyle Group, finance the 200-aircraft order announced earlier between Vietjet and Boeing. The order is considered one of the largest commercial contracts to date and one that contributes greatly to the trade balance between Vietnam and … [Read more...] about Vietjet signs $550m funding deal for aircraft order