Singapore Airlines (SIA) is set to return to New York on 9 November, when it launches nonstop flights between Singapore and JFK International Airport, as the carrier sees "some early signs of optimism about a recovery in air travel." This will be the first time SIA will operate nonstop flights to JFK. Before the pandemic, the airline flew to JFK via Frankfurt, whilst nonstop flights from Singapore landed at Newark Liberty International Airport (EWR). Also read: SIA, trade associations … [Read more...] about SIA’s nonstop flights to New York shift to JFK with belly cargo in mind
cargo aviation
dnata teams up with local ground handler to amp up Indonesian airport
Air services provider dnata has inked a deal with Jakarta-based PT UNEX Rajawali Indonesia or UNEX, a local ground handling and cargo warehouse company, to enhance ground handling capacity in Indonesian airports. The tie-up will see dnata and UNEX make joint investments in facilities, equipment and training, with dnata designating senior operational and management staff to support the partnership. Also read: dnata deploys Hermes 5 software at six Australian airports First on … [Read more...] about dnata teams up with local ground handler to amp up Indonesian airport
PIMCO and GECAS to set up US$3 billion aircraft leasing fund
With carriers scrambling to find some relief support amidst a downturn, a new investment platform could provide much-needed financing for airlines that are looking to upgrade their fleets with new aircraft. Fixed-income investment manager PIMCO and leading aircraft lessor GE Capital Aviation Services (GECAS) have reached a preliminary agreement to develop an aviation leasing platform to support up to US$3 billion in aircraft asset financing. The transaction will be subject to “customary … [Read more...] about PIMCO and GECAS to set up US$3 billion aircraft leasing fund
John Peyton Burnett of TAC Index to join jury panel for 7th Payload Asia Awards
John Peyton Burnett comes from a long line of shipping and aviation professionals, who says he is “obsessed with indexing the air cargo market and other new products that can be developed as a result.” He is the founder and managing director of Hong Kong-based TAC Index, a leading provider of weekly pricing data for air freight specialists. TAC Index was formed in 2012, started publishing in 2016 and gained market … [Read more...] about John Peyton Burnett of TAC Index to join jury panel for 7th Payload Asia Awards
This company ensures Airbus’ best seller A320 goes to final production
Yusen Logistics won a three-year deal to provide logistics services for aircraft manufacturer Airbus. Yusen will manage the air and ocean transport of aircraft parts from the airframer’s consolidation hub in Hamburg, Germany to the A320 final assembly line (FAL) and delivery centre in Mobile, Alabama. Working under the Airbus lead transport provider (4PL) framework, Yusen Logistics said it will assist in logistics optimisation, cargo shipment, and intermodal transport as key steps to reduce … [Read more...] about This company ensures Airbus’ best seller A320 goes to final production
SingPost eyes stake in Australian 4PL to boost e-commerce push
Singapore Post (SingPost) is looking to purchase a 38 percent stake in Freight Management Holdings (FMH), a fourth-party logistics (4PL) service company based in Victoria, Australia, for US$62 million (A$85.0 million). Its wholly-owned subsidiary SingPost Logistics Holdings on 16 October entered into a conditional sale and purchase agreement with the existing shareholders of FMH, as well as share subscription agreement with the Australian 4PL for the stake purchase, according to a bourse … [Read more...] about SingPost eyes stake in Australian 4PL to boost e-commerce push