Leaders of Asia Pacific air carriers gathered in Brunei for the AAPA’s 68th Assembly of Presidents are buoyed by resiliently strong international air travel and cargo growth in 2024, which has resulted in the Asia Pacific region once again becoming the largest air transport market in the world. Themed ‘Future Proofing Asian Aviation,’ the Assembly will assess the industry’s recovery and the challenges to continued growth, including the ongoing supply chain issues affecting the timely delivery … [Read more...] about Asia Pacific Airlines gather in Brunei for annual meeting
cargo flights
Airbus forecasts Asia-Pacific to require 19,500 new aircraft by 2043
Airbus has released its latest regional market forecast, projecting that the Asia-Pacific aviation sector will require 19,500 new aircraft over the next 20 years. This demand represents 46% of the global requirement, which is expected to reach around 42,430 new aircraft by 2043. Anand Stanley, President of Airbus Asia-Pacific, presented these findings during the Association of Asia-Pacific Airlines’ (AAPA) Annual Assembly of Presidents in Brunei, underscoring the region’s continued growth and … [Read more...] about Airbus forecasts Asia-Pacific to require 19,500 new aircraft by 2043
Emirates Group reports record half-year results for 2024-25
The Emirates Group announced its best-ever half-year financial performance, posting a profit before tax of AED 10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, surpassing its record profit before tax for the same period last year. This is the first financial year that the UAE corporate income tax, enacted in 2023, is applied to the Emirates Group. After accounting for the 9% tax charge, the Group’s profit after tax is AED 9.3 billion (USD 2.5 billion). Demonstrating its … [Read more...] about Emirates Group reports record half-year results for 2024-25
DHL Express appoints Abdulaziz Busbate as CEO for MENA Region
DHL Express has appointed Abdulaziz Busbate as the new Chief Executive Officer (CEO) of DHL Express MENA (Middle East and North Africa), effective January 1, 2025. He will succeed Nour Suliman, who recently stepped into a non-executive advisory role within DHL Group as President MENA. Abdulaziz Busbate will be based in Bahrain and will report directly to John Pearson, CEO of DHL Express. Bringing 24 years of management experience at DHL Express to the role, Busbate began his journey in Saudi … [Read more...] about DHL Express appoints Abdulaziz Busbate as CEO for MENA Region
WestJet Cargo has chosen Total Cargo Expertise (TCE) to streamline its customs management processes
WestJet Cargo is taking proactive steps to elevate its operational efficiency and ensure regulatory compliance by partnering with TCE, a solution developed by ECS Group to support airlines in all aspects of their cargo operations. This collaboration underscores WestJet Cargo’s commitment to refining its processes and enhancing service quality, with TCE selected to manage key elements of customs and operational compliance. As part of this partnership, TCE will oversee WestJet Cargo's customs … [Read more...] about WestJet Cargo has chosen Total Cargo Expertise (TCE) to streamline its customs management processes
DHL sees the continued importance of road freight in Southeast Asia as companies build supply chain resiliency
DHL Global Forwarding (DHL), the freight specialist arm of DHL Group, said that road freight will continue to play an important and increased role in Southeast Asia, as companies look to build more resilient supply chains. In a new white paper titled “Highway to the Future: Navigating the Road Freight Opportunities in Southeast Asia”, DHL outlines the role of road freight as a single or a multimodal solution, as businesses look to more agility and flexibility in transportation modes for their … [Read more...] about DHL sees the continued importance of road freight in Southeast Asia as companies build supply chain resiliency