Pointing out that it was second in the IATA cargo airline rankings in 2007 – or third, if the combined operations of Air France and KLM are counted as one – Dr Andreas Otto, executive board member product and sales for Lufthansa Cargo nevertheless confidently predicts that it will regainthe number one spot by 2010. He points out that the Asian carriers such as Korean Air, Singapore Airlines and Cathay Pacific that have been rivalling Lufthansa for the top slot in recent years have … [Read more...] about Lufthansa confident in face of the downturn
DHL
Blue Dart stays on target
“We’re a very prudent organisation,” explains Tulsi Nowlakha Mirchandaney, managing director of Blue Dart Aviation – the group’s air express division – in an interview with Payload Asia. “We don’t just jump into situations which I think is why we have ensuredsustainability over the years.” As India’s leading domestic express and air freight company with a 42 per cent market share in India’s domestic logistics market, it’s … [Read more...] about Blue Dart stays on target
DHL remains committed to India investments
India will be among the first few countries to bounce back from the ongoing economic downturn, on the back of its growing domestic consumer population and strong economic fundamentals, said a senior DHL executive at the recent launch of the DHL-Blue Dart air sidefacility in Bangalore. “Unfortunately India has not been spared from the global slowdown, and will India be among the first few countries to bounce back? Yes, I believe India will bounce back very fast, because of domestic … [Read more...] about DHL remains committed to India investments
AMERICAS: Polar Air starts weekend flights to Oz
With its line-haul agreement with DHL now operational, Polar Air Cargo has looked to the US-Australia market to supplement its income. The US all-cargo carrier has launched Saturday flights from Wilmington to Sydney with B747-400F aircraft. Under the agreement with DHL, which came into effect in late October, Polar provides line-haul for DHL from Asia to North America between Mondays and Fridays, but is free to utilise the aircraft for other commercial enterprises over the weekends. … [Read more...] about AMERICAS: Polar Air starts weekend flights to Oz
INDIA: Deccan Express inches forward
Captain GR Gopinath has sold an estimated one per cent stake in Kingfisher Airlines to raise funds for his nascent cargo venture called Deccan Express Logistics. Captain Gopinath had said previously he would invest US$25 million in it, but little progress has been made. Captain Gopinath said that they are in process of putting together the logistics, IT and warehousing departments and the company has recruited 100 people, mostly former FedEx, UPS and DHL employees. Jude Fonseka, the former MD … [Read more...] about INDIA: Deccan Express inches forward
UPS opens new hub in Shanghai
UPS opened a US$125 million hub in Shanghai in early December with the facility located at Pudong International Airport, with promises of improving delivery times for customers in eastern China by a full day. The US-based express logistics company described the facility as the “key gateway linking China to UPS’ global network”. The facility features the largest on-site 24/7 customs inspection area in Shanghai and was built to a unique design that facilitates rapid handling … [Read more...] about UPS opens new hub in Shanghai