International Cargo Logistics Ltd (ICL), has opened a new office in Ho Chi Minh City, Vietnam, as a continuation of its global growth plan. The Heathrow-headquartered forwarder, which this year celebrates its 20th anniversary, aims to develop its multimodal offering in the region, capitalising on Vietnam’s proximity to major shipping routes. This announcement follows the opening of an office in Rotterdam, the Netherlands, in February of this year, with a total of 10 ICL offices now … [Read more...] about International Cargo Logistics opens Vietnam office
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Fraport divests stake in Delhi Airport
Fraport AG is selling its stake in Delhi Airport (DEL), India. Under the agreement signed on September 9, Fraport is selling its entire 10.0 percent stake in Delhi International Airport Limited (DIAL) – the joint venture that operates the airport – to its majority owner GMR Airports Infrastructure Limited (GIL) for a price of USD 126 million. Fraport CEO Dr. Stefan Schulte said: “After a successful 18-year partnership driving impressive growth in Delhi, it’s time to start a new chapter. We … [Read more...] about Fraport divests stake in Delhi Airport
Aerios launches Carrier App: A game-changer for air cargo charter efficiency
Air cargo charter software company, Aerios, a member of CargoTech, has released its first product. The Carrier App is positioned as the charter management system for cargo charter carriers, helping them increase team efficiency and maximise revenue opportunities whilst surfacing actionable data and insights. The Carrier App has been developed specifically for carriers operating within the cargo charter market which, because of its highly complex and ad hoc nature has been left unsupported by … [Read more...] about Aerios launches Carrier App: A game-changer for air cargo charter efficiency
Challenge Group is now IATA CEIV Lithium Battery certified
Following six months of intense preparation, training and strict auditing, Challenge Group is now IATA CEIV Lithium Battery certified, in addition to its existing IATA CEIV Pharma and IATA CEIV Live accreditations previously awarded to Challenge Airlines and Challenge Handling in Liège. According to the International Air Transport Association (IATA), around 1.3 million shipments of lithium batteries are transported by air annually. They also estimate that about 5% of air cargo shipments … [Read more...] about Challenge Group is now IATA CEIV Lithium Battery certified
Broward Aviation Services acquires CFM56-5A engine as it begins engine focused growth partnership with AERO CARE
In a move to increase its engine assets base, Broward Aviation Services (BAS) has acquired a CFM56-5A engine with long LLP life remaining. With disassembly now complete, all components are undergoing MRO at specialist workshops in the US, Europe and Asia. This niche market engine is particularly relevant for operators of A320 family aircraft, but with parts commonality applicable to the 7B engine it also suits the 737NG. Dennis Amaty, Co-founder and President, confirms that the Company is … [Read more...] about Broward Aviation Services acquires CFM56-5A engine as it begins engine focused growth partnership with AERO CARE
CAAS sets up international aviation lab to develop innovative solutions to transform airport operations
The Civil Aviation Authority of Singapore (CAAS) is setting up an International Aviation Lab to develop innovative solutions for the transformation of airport operations around the world. On 6 September 2024, CAAS, the International Centre for Aviation Innovation (ICAI), Singapore University of Technology & Design (SUTD), Airbus, Boeing, Changi Airport Group (CAG), SATS Ltd. (SATS), International Airlines Group (IAG) and Singapore Airlines (SIA) signed a Memorandum of Understanding (MOU) to … [Read more...] about CAAS sets up international aviation lab to develop innovative solutions to transform airport operations
