Category Archives: Aviation

The International Air Transport Association (IATA) released data for March 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 10.3% compared to March 2023 levels (11.4% for international operations). This is the fourth consecutive month of double-digit year-on-year growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 7.3% compared to March 2023 (10.5% for international operations). “Air cargo demand grew by 10.3% over the previous March. This contributed to a strong first quarter performance which slightly exceeded even the exceptionally strong 2021 first quarter performance during the COVID crisis. With global cross-border trade and industrial production continuing to show a moderate upward trend, 2024 is shaping up to be a solid year for air cargo,” said Willie Walsh, IATA’s Director General. Several factors in the operating environment should be noted: Global cross-border trade and industrial production increased by 1.2% and 1.6% respectively in February. In March, the manufacturing output Purchasing Managers’ Index (PMI) climbed to 51.9, indicating expansion. The new export orders PMI also rose to 49.5, remaining slightly below the 50 threshold that would indicate growth expectations. Inflation saw a mixed picture in March. In the EU and Japan, inflation rates fell to 2.6% and 2.7% respectively, while rising in the US to 3.5%. In contrast, China experienced a slight deflation of -0.01%. This latest figure marks a return to deflation after February’s brief period of inflation.

“Multimodal transport opportunities through the INSTC, in which FFFAI is deeply engaged, needs to be explored,” said Dushyant Mulani, Chairman, FFFAI, while welcoming the dignitaries and participants from Russia, CIS countries and India during the recently concluded India-And-World’ Business Forum in Mumbai, jointly organised by The International Coordinating Council on Trans-Eurasian Transportation (CCTT) and the Federation of Freight Forwarding Associations of India (FFFAI). He urged that, “This is a good opportunity for members in logistics to participate and deliberate to have their concerns addressed and FFFAI is committed to support trade in facilitating and safeguarding trade with safety, security recommending measures to Government of India with simplification processes. The conference would help in deliberation and prepare white paper for representations. FFFAI continues its endeavors to promote International trade in cooperation with trade associations and is happy to receive the international delegation to exchange and share insight and happy to partner with CCTT for future initiatives.” Mr. Shankar Shinde, IP Chairman, FFFAI and Vice Chairman CCTT elaborated the significance of ‘India-And-World’ Business Forum in promoting the North South and East West corridors. He highlighted FFFAI’s initiatives to promote INSTC route in association with the Ministry of External Affairs, Ministry of Commerce and Ministry of Ports, Shipping & Inland Waterways, Government of India. Mr. Shinde also discussed the key findings of the Dry Run Studies done by FFFAI on INSTC route, its advantages as well as issues that need to be addressed for seamless and viable operations. He also underlined the importance of Chabahar Port in Iran which has been developed by the Government of India. A study also has been done by FFFAI on the strategic importance of this port and …

WIZ Freight is pleased to announce the appointment of Jaspreet Singh as the new Chief Commercial Officer, India. Jaspreet brings a wealth of experience and a proven track record of driving growth and excellence in the logistics sector. In this role, Jaspreet will be responsible for overseeing the company’s commercial strategy and development, enhancing customer relations, and driving innovative solutions to meet the evolving needs of the market. His strategic vision will focus on expanding WIZ’s reach and capabilities across various industries, ensuring that clients receive the most efficient and effective logistics services available. Jaspreet’s extensive experience, unique set of skills and perspectives, background in supply chain management, and deep understanding of global markets make him an invaluable addition to the executive team. Jaspreet comes with a wide range of rich and extensive experience in Management, Supply Chain Operations and Customer Relationship. In his previous assignments, he has worked in several key leadership positions, Head of Sales for South Asia at Bollore Logistics; General Manager-Sales and Marketing at Panalpina Worldwide, Head of Routes, Europe and Head of Project Logistics with Kuehne + Nagel, and Sales Development at Maersk Logistics. His approach combines innovative technology with a customer-centric mindset, perfectly aligning with the WIZ’s mission to deliver comprehensive and adaptable logistics solutions.

Magellanic Cloud announced that it has bagged its first major logistic drone order from an Indian Robotics firm for an aggregate value of Rs 43 crore. This order marks the company’s entry into the logistics sector that had a high potential with multiple players in India and abroad. The order entails delivery of 45 CargoMax series drone kits – along with RTF Quadrotor Airframe, Flight Controllers, RC Controllers, EO Payload and Transport Case – that will be manufactured in its state-ofthe-art facility in Bangalore.

IAG Cargo, the cargo division of International Airlines Group (IAG), has invested €1.5 million into the expansion of its temperature-controlled perishables facility in Madrid. This forms part of a total €12 million invested in the business’ Spanish hub over the last six years, says an official release. “As the first point of entry into the EU for perishables, IAG Cargo boasts an extensive network of connections from Latin America, with Madrid serving as a vital centre for distribution of produce across the region. The investment will increase the total capacity of the facility by 45 percent and will house 1,340 square metres of dedicated temperature-controlled space for perishable goods, offering customers the largest cooling chambers at Madrid airport. These chambers bring improved reliability and efficiency to IAG Cargo’s cold chain operations in Europe and are monitored 24/7 to ensure temperature sensitive goods are held in the correct conditions.”

Aircraft lessor ACIA Aero Leasing (ACIA) announced the delivery of the first of two ATR 72-500 Bulk Freighters to Thailand’s newest airline, Pattaya Airways. The carrier took delivery of the aircraft (MSN745) earlier in April 2024, with the second (MSN742) scheduled to deliver this May. “We are very pleased to be entering a new market by placing our first aircraft in Thailand and providing the Pattaya Group with its first aircraft. Pattaya Airways have a robust business plan to capitalize on growing domestic and regional cargo demand in Thailand and South East Asia complementing their existing logistics businesses and infrastructure,” stated Mick Mooney, ACIA’s chief executive officer. “We continue to see strong demand for the ATR 72 freighter and are looking forward to placing further freighter aircraft in this region in the near future.” “The Pattaya Group has a strong established footprint across many sectors of aviation in Thailand and we have decided to further grow our business through the start of our own airline operation, Pattaya Airways. The ATR is the perfect fit to serve the growing requirement for domestic and regional cargo and we very much appreciate the support we have received from ACIA Aero Leasing as we establish our new airline operation,” said Tosaporn Asunee, Pattaya Airways’ chairman. Pattaya Airways is in the final phase of securing its AOC in Thailand and is planning to start operations in Q4 2024. The all-cargo airline will operate a range of domestic flights in Thailand with additional services into neighbouring South East Asia

ECS Group partnered with Rotate to gain better insights of the overall air cargo market supply and its development. Thanks to Rotate “Live Capacity data” offering real-time market “supply” insights, ECS Group enhances its in-house business intelligence system, Apollo, to provide users with the data needed to determine new interline partnerships, optimize airline customers’ networks, and react quickly to market changes dynamics in terms of pricing strategy. “When tendering for digital innovation, only the best pass the test,” says Cédric Millet, Chief Strategy and Digital Officer of ECS Group. “In Rotate, we simply found the best-in-class capacity data product on the market. Real-time data is crucial for our Market Intelligence System as it enables responsiveness to market changes. Our teams can thus take better, proactive and informed decisions in terms of pricing or interline opportunities, for example, leading to improved revenue optimization of the capacity we manage on behalf of our airline customers. And for ECS, that ultimately results in higher customer satisfaction and long-term business growth.” Two main objectives were behind ECS Group’s decision to partner with Rotate: Strategic Growth and Technological Innovation. Rotate’s capacity product enables the global GSSA to identify market opportunities and thus expand into new routes or markets, strategically growing both its market share and revenue in the air cargo industry. Leveraging innovative technology solutions such as Rotate’s Live Capacity solution secures that ECS Group remains ahead of industry trends. It also fosters digital transformation, strengthening ECS Group’s leading position in innovation and digitalization in air cargo. The aim behind these objectives is to drive operational excellence, customer value, and sustainable growth for ECS Group. The main features ECS Group is seeking to utilize, include: …

Group Concorde (GC) opened office in Australia and is set to commence operations on May 1st, 2024. Facilitated by ILG Aviation Australasia, this strategic expansion represents a milestone in GC’s dedication to catering to clients throughout the region. The new office locations will be Melbourne, Sydney, Brisbane, and Perth. Additionally, GC extends its presence across the Tasman to Auckland, New Zealand, further solidifying its footprint in the Oceania region. Partnerships with airlines such as Philippine Airlines and Kuwait Airways will further enhance the company’s operations and connectivity across the region. GC is entering the Australian market as an Independently operated GSSA service provider will get more traction by the airline principal partners looking for an edge in the market to boost their visibility further and enhance revenues. Hiran Samarasinha, the Regional Director leading the operations, has 40+ Years of experience and expertise in the aviation industry, especially Australia / NZ markets driving GC’s growth and success in this region. He ably supported by an experienced GSA specialist in Andy Yuen who has vast knowledge and experience in handling airlines across Australia and Hong Kong region.

According to recent reports worldwide tonnage rose 3% from 15 to 21 April. Despite the growth in volume, however, the average worldwide rates remained stable from the previous week, at US $2.50 per kg, according to WorldACD. It found that the volume uptick recorded this week was largely thanks to a surge of flower exports from Central and South America ahead of Mother’s Day events on 12 May, with 63% of exports from CSA and Africa headed for North America. Chief Officer of cargo at Qatar Airways Mark Drusch stated that there was “continued global movement of produce and flowers – it’s amazing to me how that is always big and bigger”. The decline in volumes could also partly be explained by the heavy rainfall that mainly impacted Dubai recently, where flooding led to some flight cancellations. “Dubai recorded a WoW volume drop of 18%, whereas the capital Abu Dhabi and neighbouring emirate Sharjah recorded volume increases of 20% and 103%, respectively – boosted by cargo and flights diverted from Dubai.” Despite the recent downturn however, volumes from Dubai are still up 107% on this time last year. And disruptions to ocean shipping, paired with an unprecedented ecommerce boom, has meant overall, the air cargo market has been in good shape so far this year.

Chhatrapati Shivaji Maharaj International Airport (CSMIA) witnessed a noteworthy 6% year-on-year increase in the overall cargo volumes, in FY 2024 marking a significant stride in economic recovery post the COVID-19 pandemic. This boost was predominantly driven by a remarkable 10% surge in international cargo volumes. Notably, these volumes managed to attain an impressive 93% recovery comparing to their pre-COVID levels, indicating a robust resurgence in global trade and logistics activities. This fiscal year saw a 20% increase in the total number of Cargo Air Traffic Movements (ATMs). This achievement showcases the airport’s dedication to efficiently and flexibly managing the rapidly rising cargo volumes. CSMIA’s cargo facility manages a diverse array of goods, with pharmaceuticals, agricultural products, and automobiles being among the primary categories. On the international scale, the top three categories transported are automobiles, pharmaceuticals, and agricultural cargo. Meanwhile, domestically, the leading cargo categories include General cargo, engineering goods, and post office (PO) mail. These categories underscore the airport’s proficiency in handling a wide variety of goods. The surge in e-commerce significantly impacted cargo operations at CSMIA. The festive season of Diwali noticed a notable 87% year-on-year growth in e-commerce shipments. The demand for perishable items also experienced a noteworthy increase. Mango exports were particularly prominent during the months of April to July 2023, accompanied by the export of seasonal cut flowers and chocolates during the Valentine’s Day period. Additionally, in a groundbreaking achievement, CSMIA successfully handled its inaugural shipment of frozen ready-to-serve food products, such as Idli and Vada, using specialized va-Q-tec containers bound for Amsterdam. CSMIA’s international cargo volumes comprised 56% exports and 44% imports. London, Frankfurt, Dubai, Chicago, and Amsterdam were the top global destinations for outgoing …