Category Archives: Aviation

Boeing expands operations in India, plans to set up logistics centre

Boeing announced the launch of its Global Support Centre (GSC) and is planning to set up a new logistics centre in India as the aircraft maker seeks to expand its presence. GSC in India will provide customised operational efficiency and safety improvement projects for its airline customers, civil aviation regulatory bodies and other industry stakeholders. Besides, new logistics centre will will cater to customers, according to two releases. Investment details were not disclosed. The GSC will conduct technical workshops and projects to support aircraft reliability, enhance airplane performance, and encourage the adoption of Airplane Health Management (AHM) systems, said release. For operational improvements, Boeing said the centre will work with operators and regulators on structures and airworthiness; the Maintenance Error Decision Aid (MEDA), a human-factors tool; Air Traffic Management (ATM); aerospace optimisation; and low visibility operation through Head-Up Display (HUD) and Enhanced Flight Vision System (EFVS). Among other activities, the centre will conduct flight operations symposiums, engineering seminars, and continue the development of new technology studies impacting airports and operators alike. “India is well-positioned to localise maintenance services capabilities and provide cost-effective solutions given its large technical labour force, including uniquely qualified and highly trained technicians and industry capabilities,” the release added.

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AISATS to build multimodal cargo hub at NIA

Air India SATS Airport Services Private Limited (AISATS) has been selected by Yamuna International Airport Private Limited (YIAPL) to Design, Build, Finance and Operate an Integrated Multi-Modal Cargo Hub (MMCH) across 87 acres at the upcoming Noida International Airport in Jewar, Uttar Pradesh. The MMCH will be equipped with unmatched connectivity options, and integrated process-driven systems to cater to the burgeoning logistic demand of the country. AISATS received the ‘Letter of Award’ (LOA) at the UP Global Investors Summit. On this occasion, Sanjay Gupta, CEO, of AISATS said, “Air cargo continues to play a pivotal role in the development of the aviation sector. India’s focus to become the manufacturing hub for the world will hugely depend on efficient logistic management to attain global competitiveness. We are aiming to develop world-class infrastructure to deliver a seamless, best-in-class cargo experience for all stakeholders. Catering to a large catchment area with a huge growth potential owing to multimodal connectivity, we are certain that MMCH will truly become the gateway to North India. MMCH, will redefine cargo warehousing in India and establish itself as a new global benchmark.”

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MoU signed to expand cargo ops with B-777 freighters

China Eastern Airlines has extended its cargo partnership with Worldwide Flight Services (WFS) with a new contract to handle Boeing 777 cargo-only flights in Liege. “The new three-year agreement between the companies will see WFS handling a forecasted 32,000 tonnes of cargo per annum carried onboard up to nine B777 flights a week into the Belgian airport from Yantai Penglai International Airport in China’s Shandong Province,” says a release from WFS. WFS is providing ramp handling for the airline’s 777 services along with warehouse operations, the release added. The contract in Liege increases WFS’ role as one of China Eastern’s preferred cargo handling partners. WFS is also supporting the airline’s cargo operations and growth at other important airport gateways including Paris CDG, Frankfurt, Stockholm and New York JFK. “Having handled charter flights for China Eastern in Liege last summer, we are delighted to have won this opportunity to support the airline’s scheduled cargo-only services to and from Yantai,” says Nathan De Valck, Managing Director, WFS Belgium. “Liege is a very important and growing cargo hub for WFS in Europe. So, it is especially pleasing to welcome another long-term WFS partner as a customer at the airport. We see this as a sign of China Eastern’s trust in WFS and our high reputation for handling freighters and cargo-only services. This new route for the airline also shows the resilience of the LGG freighter market and the role WFS is playing in the development of it.”

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Air cargo tonnages record improvement in January: WorldACD

The latest preliminary figures from WorldACD Market Data indicate that air cargo tonnages recovered at the end of January and the beginning of February, as expected after the early Lunar New Year this year, but the increase was significantly stronger than in the equivalent period last year. Figures for week 5 (30 January to 5 February) show an increase of +11 per cent in worldwide tonnages compared with the previous week, following a large decrease the week before of -13 per cent, mainly driven by the Lunar New Year that started on 22 January. In the same period last year, tonnages increased by +3 per cent. After falling by around -8 per cent in week 4, the global average rate level recovered slightly (+1 per cent) compared with the previous week, similar to the trend observed last year, but prices remain well below their level prior to Lunar New Year. Comparing weeks 4 and 5 with the preceding two weeks (2Wo2W), tonnages are down significantly (-8 per cent) below their combined total in weeks 2 and 3, with average worldwide rates also down by -8 per cent, despite a -4 per cent decrease in capacity – based on the more than 400,000 weekly transactions covered by WorldACD’s data. On a regional level, the effect of the Lunar New Year on air cargo tonnages was most notable on flows outbound from Asia Pacific to Europe (-41 per cent), North America (-40 per cent) and the Middle East & South Asia (-38 per cent), respectively, but also on intra-Asia Pacific flows (-23 per cent). Strong increases were recorded from Central & South America to North America (+37 per cent), from Africa to …

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MoU signed by carriers to expand global network

Air Canada Cargo and Emirates SkyCargo have signed a Memorandum of Understanding (MoU) to deliver more benefits to their air freight customers around the world. The MoU, which builds on the airlines’ strategic commercial partnership announced last year, was signed at Emirates Headquarters in Dubai, UAE by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo and Matthieu Casey, Managing Director Commercial, Air Canada Cargo. Under the terms of the MoU, Air Canada Cargo and Emirates SkyCargo will work closely on a number of initiatives, which include expanding cargo interline options and block space agreements, pending any required regulatory approvals. These enhancements aim to offer freight customers of both airlines access to more capacity on a larger combined global network. Air Canada Cargo will have access to Emirates SkyCargo’s high frequency distribution network through the belly-hold of Emirates scheduled passenger flights to over 140 global destinations, as well as the additional capacity offered by 11 freighters currently in the Emirates fleet. In return, SkyCargo will have access to over 60 cities in Canada and more than 150 cities across five continents through Air Canada Cargo thanks to a fleet of Boeing 767 freighters and the belly-hold capacity of Air Canada’s scheduled passenger flights.

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Chittoor, Sadasivpet & Lucknow to get new MMLPs

Hyderabad-based real estate developer Laxmi Nivasam Developers has officially announced the launch of Laxmi Logistics Parks across India starting with Chittoor, Sadasivpet & Lucknow. This marks the brand’s foray into the warehousing and logistics business. Laxmi Logistics Park will be constructing 6.75 lakh sq. ft warehousing space across 30 acres land. Built with an investment of approx. Rs 150 crore and will create 1200 job opportunities for the people in and around these cities.Laxmi Logistics Park is expected to be the one stop solution for all top companies like Flipkart, Amazon, P&G etc., all over India. Moreover, the company has provided the best option for investors who are looking for passive income. It offers 8-12 per cent monthly rental yield as return on investment (RoI) on purchase of 40-sq-yard land in the logistics park at an investment of Rs 5.24 lakh. Speaking at the event, Rajendra Prasad Samundarpally, Chairman and Founder of Laxmi Nivasam Developers, said: “We are happy to launch Laxmi Logistics Park. This venture is going to change the face of Investments to the common man & is one step away from making One million Millionaires by 2035. It is going to be one of the biggest ever logistics spaces with a thought of making a common man as an owner in our company, we have started offering monthly rental incomes. Our properties are lavish and affordable for everyone. And we definitely thrive to spread aggressively across India”.

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Air India SATS-Zurich Airport to build cargo hub at Jewar Airport

Air India SATS will set up an integrated multimodal cargo hub at the upcoming Jewar airport in Uttar Pradesh in partnership with Zurich Airport, said Tata Group Chairman N Chandrasekaran, in his address at the UP Global Investors Summit. Air India has plans to connect every part of UP to the rest of India and potentially to important destinations of the world. I am happy to say that we are going to build an integrated multimodal air cargo through Air India SATS with our partner Zurich Airport in the new Jewar airport. Air India has a detailed plan to connect every part of UP to the rest of India and potentially to important destinations of the world,” he added.

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DEL-BOM expressway to connect 8 MMLPs, airports, ports

Nitin Gadkari, Minister of Road Transport and Highways announced the opening of India’s largest Delhi to Mumbai Expressway with a length of 1,386 km to improve the connectivity betwee India’s National Capital Delhi and Fiancial Capital Mumbai. The minister said in a Linkedin post, “We are constructing the world’s fastest developed expressway which provides connectivity to 93 NMP Nodes, 8 MMLPs, greenfield airports (Jewar and Navi Mumbai) and port (JNPT). The 8-lane access controlled greenfield expressway would be built with alignment optimization to reduce to travel time to 12 hours from 24 hours. With a 180 km distance reduction (1424 km to 1242 km) it has scope for future expansion to the 12-lane epressway.”

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Lufthansa Cargo offers temperature tracking for perishables

Lufthansa Cargo has launched a new service that provides real-time tracking of the location and temperature of perishable products. The new service is launched in cooperation with Sensitech and Lobster Logistics Cloud and utilises sensors and GPS technology to monitor the location and ambient temperature of fresh produce during air and land transport. “This increases the safety of the goods, reduces the risk of losses and [therefore] makes fresh produce logistics more sustainable,” Lufthansa Cargo said. The airline’s head of airmail, courier & perishable handling, Oliver Blum, said: “We are all the more pleased that we have been able to develop another technical innovation in fresh produce logistics together with our partners Sensitech and Lobster Logistics Cloud. “This is a showcase example of how important it is to put our heads together to achieve climate and environmental goals.” The temperature loggers and Logistics Cloud’s tracking platform enable notifications in real-time, for example when specified parameters for temperature and humidity are reached. Andreas Tittel, strategic account manager at Sensitech, said that the real-time notifications allow customers to identify issues at an early stage and act accordingly.

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‘Increased repo rate can lead to high costs, lower profits, competitiveness”

Reacting on increased repo rate and how it will impact the logistics trade, C K Govil. Vice President, ACAAI shares, “An increase in the repo rate in India can have a significant impact on the logistics industry. This is because the logistics industry heavily relies on borrowing to fund its operations and investments in infrastructure. An increase in the repo rate means higher interest rates on loans, which can increase the cost of borrowing for logistics companies. This can lead to higher operating costs, lower profit margins, and decreased competitiveness for the industry. Moreover, higher interest rates can also affect consumer spending and reduce demand for goods, leading to a decrease in the volume of goods being transported. This can result in a slowdown in the demand for logistics services, putting pressure on companies to find ways to reduce costs and remain profitable. Overall, an increase in the repo rate can have a negative impact on the logistics industry in India, leading to higher costs and decreased demand for logistics services.”

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