The International Air Transport Association (IATA) has called for the development of a comprehensive policy for aviation aligned with the Indian Government’s stated intention to make it easier to do business in India. The objective is to allow India to derive maximum social and economic benefits as its aviation market grows to become the third largest in the world. That is expected to happen in 2029 when the number of travelers to, from and within India will near 280 million … [Read more...] about IATA calls for new Indian aviation policy
Airports
Yusen Logistics expands air freight forwarding in Mexico
Yusen Logistics (Mexico) has opened two offices inside and outside the Mexico City Airport. By establishing a base on the airport front lines to manage its own air transportation operations, the company aims to realise competitive freight procurement and detailed transportation management of imported and exported freight. With the rapid growth of the automotive industry and increase in imported freight in Mexico, the need for detailed transportation management is rising. To respond … [Read more...] about Yusen Logistics expands air freight forwarding in Mexico
Euro concerns, Asia slowdown signal ongoing trepidations
Airports Council International (ACI) statistics show diverging results for passenger and air freight traffic in the month of May. Robust growth in passenger traffic was led by Asia-Pacific and the Middle East, but on the other hand, weak growth in air freight coupled with significant declines in major international air freight hubs raises concerns about the second half of the year. While international tourism remains buoyant, the weaker than expected economic performance of Europe … [Read more...] about Euro concerns, Asia slowdown signal ongoing trepidations
China Southern renews mail contract with Sodexi
On the heals of the launch of Sodexi’s brand new state of the art Express Hub at Paris CDG, Jérôme Balbi, managing director, has announced the renewal of its contract with China Southern Cargo. “We have handled transit mail bags for the airline for some time and now through the new Express hub, in addition to our existing destinations of Madrid, Warsaw, Buenos Aires and Rio, we are adding a number of new destinations. These are - Milan, Riyadh, … [Read more...] about China Southern renews mail contract with Sodexi
WFS takes 51% stake in Fraport Cargo Services
Worldwide Flight Services (WFS) is to acquire a 51 per cent shareholding in Fraport Cargo Services (FCS) as part of a strategic partnership with Fraport AG. The investment is part of WFS’ strategy to continue to expand in Europe’s major cargo markets. Fraport is to retain a 49 per cent share in FCS and will continue to take a substantial role in the management of the company. Terms of the transaction, which WFS and Fraport plan to close by September 2015, have not been … [Read more...] about WFS takes 51% stake in Fraport Cargo Services
Emirates launches second daily to Seattle
Emirates has announced its second daily service from Dubai International Airport (DXB) to Seattle–Tacoma International Airport (SEA).The new service which began on 7 July and is operated by a B777-200LR supplements the current B777-300ER flight. The additional service will allow Emirates SkyCargo to carry an additional 15 tonnes of cargo per trip including locally grown cherries, electrical equipment and machinery, as well as medical equipment and aircraft parts. Emirates … [Read more...] about Emirates launches second daily to Seattle