Category Archives: Aviation

IAG Cargo records growth in revenue by 23% YOY

International Airlines Group (IAG) Cargo has recorded growth in the revenue for first quarter of 2022 of £32m, an increase of 23.4 per cent as compared to first quarter 2021. This positive first quarter cargo growth is for the period from January 1 to March 31, 2022. “The results represent an increase of 18.6 per cent at constant currency versus the same period last year. Overall yield for first quarter 2022 reflected an increase of 2.3 per cent at constant currency versus corresponding period in 2021,” read a company statement. FQ in 2022 saw an increase of 19 per cent in sold tonnage as compared with the same period in 2021. “Demand was high between the US and Europe for key industrial goods such as automotive parts, with IAG Cargo increasing the availability of wide-body aircraft on European feeder lanes into Heathrow,” the statement stated.

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Blue Dart records positive Q4 performance, year-end results

Blue Dart Express Limited announced ₹1,354 million profit after tax (previous year ₹ 891 million profit) for the quarter ended March 31, 2022, and ₹3,764 million profit after tax (previous year ₹963 million profit) for the year ended March 31, 2022. Revenue from operations for the quarter ended March 31, 2022, stood at ₹11,659 million and ₹44,090 million for the year ended March 31, 2022. The company declared its audited financial results for the quarter and year ended March 31, 2022, at the board meeting held in Mumbai recently. Balfour Manuel, MD, Blue Dart said in a statement, “Our customer-first approach, focus on investing in tech capabilities and remaining agile in a VUCA environment, has helped the company improve its margins. FY 2021-22 has been a rewarding year. Across parameters, Blue Dart has once again embodied our vision in Connecting People, Improving Lives.”

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Air Logistics Group bags Best Cargo GSA Award at India Cargo Awards

Air Logistics Group was conferred the ‘Best Cargo GSA’ Award at the recently held India Cargo Awards, the country’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. Vikramjeet Ahluwalia, MD- India, Air Logistics Group said, “Thank you DDP Group and CargoTalk for organising India Cargo Awards after a gap of two years and honouring me at this event. It is always wonderful to meet the industry leaders in person rather than through video cameras or computers. It’s a fantastic start to the year 2022.”

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Qatar Cargo launches next stage of WeQare initiative

Qatar Airways Cargo has announced Chapter 3 of charitable initiative, ‘WeQare’ titled as ‘Let’s Stand Together.’ The third part of the carrier’s initiative will include a donation drive that seeks to gather donations for children from April 26 to May 10. The donation drive focuses on education, sports, and fun, stated an official release. Qatar Airways Cargo is collecting study material, clothes and sports items as well as toys, musical instruments, and board games. To collect all the donations, each station of the company has its own collection point, where people can drop off their donations. Qatar Airways Cargo has also opened six donation collection points for its employees, as well as a public collection point in Doha. To make their dreams a reality, Qatar Airways Cargo wants to gather forces to support this next generation by sending them toys, educational material, and sports items so that they can enjoy their childhood. Guillaume Halleux, Chief Officer Cargo, said, “Children are the future generation and we hope they bloom and develop to their full potential.”

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Aargus Global Logistics felicitated at India Cargo Awards

Aargus Global Logistics was conferred with the ‘Emerging Freight Forwarder for Ocean and Project Cargo’ Award at the recently held India Cargo Awards, the country’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. Mahesh Trikha, Managing Director said, “I would like to thank India Cargo Awards for felicitating us at this prestigious event. Such award ceremonies are very important as it boosts the morale of logistics industry to perform better.”

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AISATS wins ‘Best Cargo Ground Handler’ Award

Air India SATS Airport Services (AISATS) was conferred with the ‘Best Cargo Ground Handler’ Award at the recently held India Cargo Awards, the country’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. AISATS is India’s leading gateway services’ company headquartered in Mumbai. It operates in Delhi, Bengaluru, Hyderabad, Thiruvananthapuram and Manguluru airports. AISATS offers end-to-end ground handling services such as passenger and baggage handling, ramp handling, aircraft interior cleaning, load control and flight operations, cargo handling services for general, perishable, transhipment, express courier, and special cargo.

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Menzies Aviation strengthens presence in Latin America

Menzies Aviation announces several new ground services contracts in Mexico, where it now operates at 31 airports. The contracts are with American Airlines, Aeroflot, Air Canada, Delta Air Lines, Flair Airlines, Frontier Airlines and TAG Airlines, and represent the strengthening of Menzies’ presence in the Latin American market. Menzies has won two new contracts with American Airlines, for the delivery of passenger, ramp, and cabin cleaning services at Chetumal, and for ramp and cabin cleaning services at Manzanillo. At Cancun, Mexico’s second busiest airport, Menzies is providing Aeroflot with passenger, ramp, and cabin cleaning services. John Redmond, Executive Vice President, Americas, Menzies Aviation, said, “We are excited to further expand our presence in Latin America with these new contract wins across Mexico, which highlight the positive reputation Menzies has built for providing safe, secure, and consistent quality service across the region. We look forward to continuing to strengthen and grow our relationships with each of these airlines in the future.”

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Air Canada buys two new Boeing 767-300F freighters

Air Canada has purchased two new Boeing 767-300F freighters that are due to be delivered this year. The two factory-built freighters will be in addition to the eight Boeing 767-300s that are being converted for Air Canada Cargo operations. Earlier this month, Air Canada Cargo added its second B767-300ER freighter conversion. Air Canada Cargo’ first quarter 2022 revenue is up 42 per cent to $398m from the first quarter of 2021. Jason Berry, Vice President, Cargo at Air Canada, said, “This announcement is a further signal of our long-term commitment to freighters as we continue to adapt and grow at Air Canada Cargo. These additional factory-built 767-300F aircraft will allow Air Canada Cargo to speed up the expansion of its freighter fleet, helping provide reliable, dedicated service to key cargo routes around the world, further bolstering the capacity provided by Air Canada’s mainline fleet.”

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dnata extends partnership with Qatar Airways Cargo

dnata and Qatar Airways Cargo have extended their partnership in Belgium. The multi-year extension of the contract will see dnata continue to deliver a range of cargo handling and road feeder services for the airline from its state-of-the-art facility at Brussels Airport (BRU). Qatar Airways Cargo currently operates a mix of 15 freighter and passenger flights each week to and from the Belgian capital. In 2021, dnata handled 25 per cent more cargo for the airline at BRU than in the previous year. Stef Vanbinst, Managing Director of dnata Belgium, said, “We are proud to have earned the trust and loyalty of Qatar Airways Cargo with our reliable and safe services. We continue to invest in our operations to consistently provide world-class quality to the airline and its customers.”

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Jet Freight announces ‘Mission Excel’ to achieve 5x growth

Jet Freight Logistics announced ‘Mission Excel,’ a business transformation initiative which promises to bring 5x revenue growth in next five years. This business initiative is built on the 4 ‘Ps’ of business expansion – Product expansion, People & culture, Process automation, and Promotion of business. Under Mission Excel, the company plans to expand its wings from air/ ocean forwarding to last-mile delivery specialisation, adapting 4PL approach, offering surface transport along with custom clearance, and warehousing. Jet Freight has recently announced use of electric vehicle for its last mile deliveries promising sustainable future and environment-friendly approach ensuring seamless deliveries for customers.

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