Tag Archives: air cargo news

C K Govil, President ACAAI says, “Challenges in cold chain transportation include maintaining consistent temperature control, minimising spoilage, and ensuring timely delivery. Technology like IoT sensors can provide real-time monitoring, ensuring temperature stability and reducing risks. Drones offer a faster, efficient solution for delivering perishable goods in remote or hard-to-reach areas, thus enhancing supply chain reliability and reducing delays, while maintaining product integrity.”

Bobba Group has announced the launch of its Bobba Projects. This initiative is going to transform space planning, project management, and supply chain consulting by integrating industry expertise with advanced technology to deliver innovative solutions that enhance operational efficiency and sustainability across industries. Bobba Projects offers a comprehensive range of services designed to optimize space utilization and streamline operations. From initial conceptual design to final execution, Bobba Projects team provides strategic planning and tailored project management solutions that ensure seamless execution and timely completion. In addition to turnkey project management, Bobba Projects delivers expert real estate consulting, offering strategic guidance on property acquisition, asset management, and market navigation. Focusing on supply chain mapping and logistics optimization, Bobba Projects employs advanced visualization techniques and data-driven insights to enhance decision-making and boost productivity. By analyzing each stage of the supply chain from procurement to final delivery, Bobba Projects helps companies streamline operations, reduce risks, and foster sustainable growth. Chandrakala Bobba, Director of Bobba Group, shared her perspective on the initiative: “The launch of Bobba Projects represents a significant advancement for our group. This initiative combines our extensive industry expertise with cutting-edge technology to address the evolving needs of businesses today. We are committed to building partnerships that drive operational excellence and sustainable growth, empowering our clients to navigate the complexities of modern logistics with confidence.” Bobba Projects is dedicated to quality control and its client-centric approach ensures that each project is executed with precision and attention to detail. By offering tailored solutions that align with the unique needs of each client, Bobba Projects aims to set new industry benchmarks and reinforce its reputation as a trusted partner in aviation, logistics and supply …

GMR Airports Infrastructure (formerly GMR Infrastructure) has entered into a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide, to acquire 10 per cent stake held by the latter in Delhi International Airport for a consideration of USD 126 million. GIL currently holds 64 per cent of the paid-up capital of DIAL and post the proposed acquisition, its stake in DIAL would increase to 74 per cent. The Airports Authority of India (AAI) will continue to hold 26 equity stake of DIAL, the company said in a statement. “Post consummation of the transaction, Fraport’s appointment as the airport operator of DIAL shall continue to be governed by the Airport Operator Agreement and/or any other agreement(s) executed in relation to its role as the airport operator,” it said. The company further stated that the transaction, which is subject to the AAI’s approval and approval of GIL shareholders, along with customary closing conditions, is expected to be concluded within 180 days from the date of execution of the agreement. “Fraport has been one of the original shareholders and have been our partners in airport journey. They have extended significant technical support to Delhi Airport as per their role of airport operator,” GBS Raju, Business Chairman (Airports), GMR Group, said. Commenting on the development, Kiran Kumar Grandhi, Corporate Chairman of GMR Group said, “The acquisition of additional stake in DIAL is in line with our objective of consolidating our presence in core assets of the Group and signifies the importance of Delhi airport in the overall group portfolio.”

The global air cargo market double-digit demand growth continued in August with average spot rates showing their largest year-on-year growth of +24%, according to the latest weekly analysis by Xeneta. Global average air cargo spot rates of USD 2.68 per kg in August were boosted by continuing supply and demand imbalance. August’s global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%. The increase was further supported by ocean-to-air shift due to Red Sea disruptions and e-commerce demand.

Satyaki Raghunath, COO, Bangalore International Airport Ltd (BIAL) says, @The reinstatement of the open sky policy is in harmony with the government’s wider objectives for the sector and we appreciate the move. This policy can play an important role in achieving the government’s ambitious target of 10 million tonnes of air cargo by 2030. The policy is also expected to enhance air cargo movements, particularly benefiting perishables trade, by permitting foreign cargo carriers to operate from all international airports. This initiative enables farm producers and exporters in interior regions of India to access global markets. We are hopeful that this new move will help create a more dynamic and competitive air cargo environment, ultimately benefiting exporters and the Indian economy as a whole.”