Category Archives: Aviation

The latest report by Technavio on the low-cost carrier market, 2023-2027 estimates to register an incremental growth of by USD 248.65 billion, decelerating at a CAGR of 15.15% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The rising demand for air cargo is notably driving the global low-cost carrier low-cost airline market growth. The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Air Arabia PJSC, Air Canada, Capital A Berhad, Cebu Pacific, Deutsche Lufthansa AG, easyJet Airline Co. Ltd., Fly LEVEL SL, InterGlobe Aviation Ltd., Jet2 Plc, Lion Air, Norwegian Air Shuttle ASA, PAL Holdings Inc., Pegasus Air Transport Corp., PT Garuda Indonesia (Persero) Tbk., Qantas Airways Ltd., Ryanair DAC, Singapore Airlines Ltd., Southwest Airlines Co., Vueling Airlines SA, and WestJet Airlines Ltd. are among some of the major market participants.

Satish Lakkaraju, Senior VP, Global Head, Air Freight & Pharma, WIZ Freight, Radar Ventures said, “One of the pain points that pharma customers, shippers, and agencies face today is manual Corrective Action and Preventive Action (CAPA), which needs to be digital and takes data from multiple sources to accumulate and do multiple analysis.” He added, Industry must adopt digitalisation fully. IoT is one of the most advanced things that has come into being lately. Today, with technology, you can identify the reasons why cargo has been lying on the tarmac for longer than the time specified for that shipment.” He shared his views in Digital Conclave organised recently by CSC and CargoTalk. “If we can integrate data with airports, then you are stimulating a larger and faster report. Also, India has a first-mover advantage as all the tech companies are here. Global companies are also coming up with live data. Today, it is possible to get the data even from the middle of the sky, so customers get more visibility. Control towers are going to be established, even for the road trucking industry. Tech helps you be proactive in your entire approach. The mindset of stakeholders in pharma needs to change. There are current challenges in this sector. Tech does not come cheap; skill sets are expensive.”

Cincinnati/Northern Kentucky International Airport (CVG) and Burrell Aviation Cincinnati are planning to build an air cargo warehouse facility with airside access on approximately 4.5 acres of airport property. The agreement includes a minimum capital investment of $20m. Last year, the US airport demolished old cargo facilities to make way for new infrastructure to enable cargo carriers and freight forwarders to move products more efficiently. Burrell Aviation develops, operates, and invests in next-generation supply chain infrastructure that supports the non-passenger aviation industry. Construction of the 80,000 sq ft facility with associated offices, truck docks, and parking lot will take place on the northern part of CVG’s campus. An expedited timeline is being worked on. “We appreciate the opportunity to assist with a significant expansion of CVG’s current cargo operations and to partner on such an important project with the airport, which is now one of the fastest-growing in the country due to the leadership of Candace McGraw and her team,” said The Burrell Group’s founder and executive chairman Dan Burrell. “Our strategic plan focuses on diversifying cargo operations, specifically, expanding general cargo handling capacity,” said Candace McGraw, chief executive, CVG. “We’ve been approached by developers and are pleased to partner with Burrell Aviation on this flagship facility. With ample demand, we know this facility will act as a catalyst for continued cargo growth at CVG.”

CMA CGM Air Cargo has launched a new freighter route between Paris, France and Mumbai, India, as part of its new partnership with Air France KLM Martinair Cargo (AFKLMP). The freighter airline, which received its air carrier certificate from the French Civil Aviation Authority in June last year, said it began serving the route with an A330F aircraft undertaking four weekly flights from May 12. “Bombay (Mumbai) airport is a major hub offering adapted infrastructures for intermodal connections in the region,” said CMA CGM. “This new destination is part of our strategic partnership with the Air France KLM Martinair Cargo Group and complements the existing offer to give you even more options for your air transport needs.” AFKLMP and CMA CGM Air Cargo officially launched their capacity partnership in April. The initiative was first announced in May last year, when CMA CGM said it planned to purchase a 9% stake in Air France-KLM Group as part of a new 10-year partnership that would see the airline and shipping group combine their fleets. The partnership means the two carriers are now jointly operating the full-freighter aircraft capacity of their respective airlines, initially including CMA CGM’s six freighter aircraft and AFKLMP’s six freighters. The commercial partnership also covers Air France-KLM’s belly aircraft capacity, including more than 160 long-haul aircraft.

UPS Healthcare has opened a purpose-built 8,700 sq m healthcare logistics facility to meet demand from businesses in the country’s growing healthcare sector. The $20m facility in the west of Singapore is located at Gul Circle, within easy reach of PSA Terminals, the manufacturing cluster at Tuas Biomedical Park and the site of the future seaport at Tuas. The facility near doubles UPS’s overall healthcare warehousing space in Singapore to more than 19,000 sq m, adding to the company’s dedicated healthcare facility at the Airline Logistics Park of Singapore (ALPS). It is capable of storing healthcare products in temperatures ranging from minus 80 degrees to 25 degrees Celsius. Compliant with all GDPMDS, ISO 13485 and GMP certification standards, it is also able to provide additional value-added services such as packaging, labelling, returns logistics and local customs brokerage. “By expanding our healthcare logistics footprint into the west of Singapore, we strengthen our ability to manage and combine both ocean and air shipments and support the country’s ambitions of becoming a regional distribution centre for the pharmaceutical industry,” said Ianne Loh, vice president, Asia Pacific, Middle East and Africa, UPS Healthcare. “Data from UPS’s intra-Asia study, which was released earlier this year, shows that the region’s healthcare sector plays a key role in achieving the full potential of its trade growth by 2030. “Our experience as a world leader in complex healthcare logistics ensures businesses in Singapore can access the services they need while, most importantly, giving patients the peace of mind knowing that their critical healthcare treatments and devices are in safe hands.” The opening of the new facility is the latest in a series of recent developments by UPS to …

Jeena & Company is geared up to introduce J5 – a freight forwarding and customs clearance platform built on a completely new technology architecture. This will be rolled out module-wise. With a focus on streamlining resources and enhancing operational efficiency, Jeena & Company has consistently integrated cutting-edge technology into its services. The introduction of J5 (Jeena 5th generation) is a reflection of the company’s constant evolution and future-forward digital outlook. The J5 platform is web-enabled, quick, user-friendly, and comes powered with the latest UI-UX design, making it a game-changer for the company. With dashboard-based working and intelligent reporting, J5 is designed to enhance the productivity of the workforce and make their tasks easier. “At Jeena & Company, we believe that technology is the backbone of modern logistics and supply chains. By investing in our employees and leveraging the latest technologies, we are building a brighter future for Jeena and our trusted customers and partners. We believe that J5 is just the beginning of a long journey towards a more resourceful, customer-centric, and digitally-driven logistics industry.” said Mr Meheriar Patel, Group Chief Information Officer at Jeena & Company. The platform is also Indian Customs integrated and ISO compliant, which means that it will help in exchanging data with Indian Customs at a faster pace, leading to enhanced operations. It is a transformative solution that will empower the employees and facilitate transparent and quick data exchange.

Bulgaria-based Cargo Air has ordered its fifth Boeing 737-800SF freighter conversion from Aeronautical Engineers Inc (AEI). The aircraft, (MSN 30881) is slated to commence modification in June 2023 with all conversion-related touch labor to be performed by authorised AEI conversion centre Commercial Jet in Miami. Cargo Air purchase and fleet acquisitions director Angel Petrov said: “AEI has provided Cargo Air with sustainable freighter solutions since 2007. They have listened to our needs and collaborated with us on product innovations, many features which are not available on other B737-800 freighter conversions. “This is our fifth B737-800SF freighter with AEI and we will continue to rely on them for our fleet renovation in the future years to come while replacing our B737 Classic freighters with 737NG freighters.” Upon completion of this order, Cargo Air will operate a total of 16 AEI freighters, including a mix of B737-300SF, B737-400SF, and B737-800SF freighters. The AEI converted B737-800SF freighter offers a maindeck payload of more than 23 tonnes and incorporates eleven full height 88” x 125” container positions, plus an additional position for an AEP/AEH.

Cargomen Logistics has signed Memorandum of Understanding (MOU) with Bharathidasan University, Tiruchirappalli and Logistics Sector Skill Council of India (LSCI) to launch a Post Graduate Diploma in International Logistics. This 15-month course consists of 12 months of classes and 3 months of capstone project will help Logisticians to acquire a Post Graduate qualification while they are working. The signing of the Memorandum of Understanding (MOU) between Cargomen Logistics and Bharathidasan University and LSCI marks a significant milestone in our relentless pursuit of excellence in teaching, learning, research, and knowledge exchange. Through this strategic partnership, we aim to foster innovation, nurture talent, and contribute to the growth and development of the logistics industry. The MOU was signed by Prof L Ganesan, Registrar Bhartidasan University, Prof Ganesan Sivapunniam , LSCI and Mr Harihar Nath, Managing Director Cargomen in the presence of Prof M Selvam, VC, Bhartidasan University, Prof Ramganesh Ekambaram , Bhartidasan University, Mr Rajeev Kumar Thukral , Chief Strategy Officer, Cargomen and Prof Prof Dr Gayathri Harish, LSCI. . .

Pradhaan Air Express and Teleport signed a Memorandum of Understanding to employ the world’s first converted A320 freighter to further increase its cargo network coverage and palletized capacity on critical sectors connecting India and Southeast Asia. Nipun Anand, founder and CEO, Pradhaan Air Express, said, “We are excited to partner with Teleport. As a young cargo airline, this partnership is a major step towards achieving our goal. We are grateful for the confidence reposed in us by the Teleport team.” Francis Antony, Group Head Cargo Commercial, Teleport said, “Our partnership with Pradhaan Air Express will enhance Teleport’s cargo offerings for our customers in Southeast Asia and the larger Asia Pacific region, additionally strengthen our capability to serve the growing e-commerce market in this region. This will also contribute towards our effort to consolidate our market leadership position in the Southeast Asia region.”

Climate technology leader, Pledge has secured USD10 million in Series A funding to drive its mission to help businesses reach net zero emissions, starting with the logistics and supply chain industry. Pledge provides accredited tools for supply chain leaders and freight forwarders to understand, report, reduce, and remove their logistics emissions. Its platform is built with accessibility, transparency, and simplicity at its core. “We started Pledge with the belief that technology can be a powerful lever in the fight against climate change,” said David de Picciotto, Co-Founder and Chief Executive Officer (CEO), Pledge. “This funding round enables us to continue building best-in-class products to help accelerate businesses’ transition to net zero and remove gigatons of carbon from the atmosphere.” Increasing regulatory pressures from new climate directives, such as the Corporate Sustainability Reporting Directive (CSRD) and Fit for 55 in Europe, mean supply chain and logistics leaders need to address their emissions and make significant, long-term reductions. Pledge is accredited by the Smart Freight Centre (SFC) for its adherence to the Global Logistics Emissions Council (GLEC) framework, the only globally recognised methodology for calculating greenhouse gas (GHG) emissions in the logistics supply chain, which has formed the basis of the recently published ISO 14083 standard. Pledge includes unique features such as Clarity™ and Accuracy™, which guide users through every step of the emissions calculation process, ensuring calculations are auditable and customers are confident in fulfilling their reporting requirements.