SATS Ltd A recap of 2017 In the first 11 months of 2017 (Jan to Nov), Changi Airport handled a total of 1.94M tonnes of cargo. This is an 8 per cent increase from the 1.79M tonnes of cargo handled in Jan to Nov 2016. Likewise, SATS has also seen a satisfactory increase in the volume of cargo handled in the air freight terminals in Singapore, and in its associate companies/subsidiaries across Asia and the Middle East. There have been a few notable achievements for SATS’ … [Read more...] about Ground Handling Supplement
Vietjet
Payload Asia magazine honors excellence in the air cargo supply chain
The Payload Asia Awards 2017 returned for its sixth edition, with more than 90 nominations vying for the 20 awards categories and more than 25,000 online votes received in the Customer Choice Awards. All results – from both Customer Choice and Industry Choice – were audited by an independent auditing firm, Alpes Assurance. The awards seek to honour the very best in the industry and took place over a spectacular gala dinner and awards ceremony, held at Crowne Plaza Changi Airport, … [Read more...] about Payload Asia magazine honors excellence in the air cargo supply chain
JAL and Vietjet launch comprehensive partnership
Japan Airlines (JAL) and Vietjet reached a formal partnership agreement with the aim of improving customer convenience and the quality of operations and services while enhancing the corporate value of both companies. The two airlines have held a series of discussions on expanding their networks in response to the travel needs of people in neighboring Asian countries next to Vietnam, in addition to meeting growing demand for air travel between Japan and destinations in Vietnam. In … [Read more...] about JAL and Vietjet launch comprehensive partnership
Low-cost carriers fly high
The number of low-cost carriers expanding cargo operations in the industry has risen over the years. Air cargo is a significant piece of pie for these carriers, who find a new source of revenue by taking advantage of available capacity on their carriers. With a generally lower fuel surcharge, these carriers offer to carry cargo at lower rates, milking as much profits off flights- an attractive option for cost-conscious shippers. Despite being newcomers in an age old industry, these low-cost … [Read more...] about Low-cost carriers fly high
ICAO president impressed with Vietjet operation activities
On the occasion of the Council of the International Civil Aviation Organization (ICAO) delegation’s trip to Vietnam, ICAO president Dr. Olumuyiwa Benard Aliu and ICAO APAC Deputy Regional Director Manjit Singh Seva Singh paid a working visit to Vietjet office on. Speaking at the meeting with Vietjet’s management board members, Dr. Olumuyiwa Benard Aliu highly appreciated the airline’s efforts and achievements in its operations, services and management activities. He also stressed on … [Read more...] about ICAO president impressed with Vietjet operation activities
VietJet advised by Milbank in $3.58 Billion Aircraft Engine Deal with CFM
In yet another landmark deal for Vietnam's first modern publicly traded aircraft company, VietJet, a team from Milbank, Tweed, Hadley & McCloy LLP advised the company in a US$3.58 billion transaction to purchase 215 aircraft engines from joint French-American maker CFM. This deal was signed in the presence of Vietnam's Prime Minister Nguyen Xuan Phuc and U.S. Secretary of Commerce Wilbur L. Ross, Jr. Milbank also advised VietJet on its agreement with Honeywell Aviation on an … [Read more...] about VietJet advised by Milbank in $3.58 Billion Aircraft Engine Deal with CFM
