Category Archives: Aviation

Turkish Cargo has built air cargo bridges for cross-border e-commerce shipments. The brand strengthened its strategic partnership with Shopee, the leading e-commerce platform based in Singapore, says a release. “We are pleased and excited in taking our strong partnership with Shopee to a new level. We will continue to support Shopee’s growth with our global network and first-class service. Our partnership with Shopee fuels the expansion of Turkish Cargo’s e-commerce business, by further leveraging Turkish Cargo`s unrivalled global network,” Tarik Parlak, Turkish Cargo sales vice president (Asia Pacific), said the release.

To encourage, facilitate, and accelerate the digital transformation of the air cargo industry, CargoTech is ready to bring together cargo and technology experts specialized in specific areas of air cargo, under one roof, thereby helping in providing digital solutions for every air cargo business process, and to offer best in class consultancy services to advise the various stakeholders on their digital transformation. “Our core belief is that whatever can be digitized should not remain manual. With CargoTech, we are bringing together cargo business experts with technology experts specialized in specific areas of air cargo,” said Cedric Millet, President, CargoTech. “With ECS Group’s Cargo Digital Factory alongside Wiremind Cargo, CargoTech has started to offer a variety of products that cover some very relevant transactions. Each company has its specific area of expertise; thus, they complement each other,” he added.

SF Airlines has expanded the size of its freighter fleet to 72, said cargo carrier in a statement. The airline was recently in news for putting a 767-300BCF cargo plane into operation, which is the second freighter joining the fleet in June, serving efficient and high-quality transport for the fruit season and the mid-year “618” shopping festival, said the statement. In the beginning of 2022, the cargo airline added four freighters into its fleet, including three 767-300BCFs and one 757-200F.

American Airlines Cargo has deployed IBS Software’s latest iPartner Customer (iPC) solution to allow seamless, fast integration with leading digital marketplace WebCargo, a Freightos Group company, said release. IBS Software’s iPartner Customer platform is equipped with APIs that allow faster integration of airline cargo sales and distribution offerings. The deployment allows carrier to take advantage of the business opportunities provided by WebCargo, ultimately delivering enhanced reach to a wider customer base. Roger Samways, Vice President Commercial for American Airlines Cargo said, “We are 100 per cent committed to driving operational excellence through digital technology. Working with IBS Software on our integration with WebCargo enables us to provide our customers with an enhanced digital booking experience and access to the real-time rates and capacity that WebCargo offers, as well as expand our reach to new customer.”

According to the International Air Transport Association’s (IATA) latest projections, cargo revenue is expected to account for $191 billion of industry revenue in 2022 – slightly down from the estimated $204 billion in 2021 but nearly double the $100 billion achieved in 2019. “Overall, the industry is expected to carry over 68 million tonnes of cargo in 2022, which is a record high. As the trading environment softens slightly, cargo yields are expected to fall 10.4 percent compared with 2021. That only partially reverses the yield increases of 52.5 per cent in 2020 and 24.2 per cent in 2021, IATA said in its latest report. “Air cargo stood out as a lifeline for vaccines, supply chains, and airline revenues throughout the Covid-19 crisis. It has grown to be an even more vital contributor to revenues,” said Willie Walsh, Director General, IATA.

To meet the 2024 deadline, Adani group-led Navi Mumbai International Airport Ltd has commenced construction work on terminal 1 and runway of greenfield Navi Mumbai Airport. Recently, the City and Industrial Development Corporation (CIDCO) evicted all structures in the project area and handed over the cleared land to the airport’s concession, said a statement. The Navi Mumbai International Airport is coming up on 1,160 hectares of land. “Work on Terminal 1 and the runway started last week after the entire airport land was cleared of human habitation. There were 224 structures in existence when we took over the job in 2020, and now they have been cleared. Work is in full swing,” statement added.

Turkish Airlines is considering joint ventures and initial public offerings (IPO) for its cargo business and regional carrier as it weighs up options to grow both internally and through deals, said the official statement. The airline also plans to participate in international bond markets, including issuing Eurobonds, to finance future investments and growth, the statement added. According to the reports, the company was looking at strategies for its subsidiaries Turkish Cargo and regional carrier Anadolujet which flies to Northern Cyprus, Europe, Western Asia, and the Middle East. “Among those, we are evaluating different strategies such as joint ventures and IPOs. We’re also planning to renew AnadoluJet’s fleet with the new-generation narrow body jets.”

India plans to build new airports with integrated metro rail connectivity to allow smoother passenger transport and rail tracks to the closest seaports for faster cargo movement, said a government official. The new multimodal airports will boost trade and mobility. The announcement has been made following the bounce in air travel, and airlines capacity utilization has crossed 80 per cent at all major airlines.

The construction work for Mumbai’s satellite airport in Palghar district has begun as the Maharashtra government has selected Kelva-Mahim and Dapchari as two places for the airport. At Kelva-Mahim the district collectorate has begun work on the project by identifying three plots and has started data collection process which includes identifying government and private land at each of the sites. The alternative site is that is being looked at is at Dapchari, about 70 kilometers from Kelva-Mahim, said a senior official. According to the reports, three sites of 400 hectares each at Kelva-Mahim have been identified for the airport. The details will be soon submitted to the Maharashtra Airport Development Corporation (MADC). The Maharashtra Industrial Development Corporation (MIDC) and MADC are believed to be jointly working on the airport plan.

LATAM Cargo adopts WebCargo by Freightos to offer real-time booking to over 3,500 forwarders, says official release. It is the first South American airline to adopt the tech platform. “Real-time bookings with LATAM Cargo are available for WebCargo customers on 27 lanes with the possibility of connecting in South America,” says release. “With LATAM Cargo, carriers representing over 36 percent of global air cargo capacity are available for booking on WebCargo, unlocking additional customer value and improving efficiency,” the release added. Carlos Cheeseman, Owner of Airgroup Miami, a Radiant Logistics Company, said in a statement, “Having LATAM on WebCargo and 7LFreight for real-time booking is an excellent addition to facilitate our moves to Latin and South America.”