Baltic Air Freight Index rises again
In the midst of anxieties about inflation and interest rates, geopolitical stresses and a fluctuating oil price, global air freight rates maintained a firm tone during the month: The overall Baltic Air Freight Index (BAI00) was up another +2.9% over the four weeks to 30 October.... more
New speed for most urgent shipments
Lufthansa Cargo launched a new speed, Td.Zoom, on 1 November. In addition to Td.Pro and Td.Flash, this is be the third speed for most time-critical cargo. With Td.Zoom, customers can choose the fastest service for their most urgent shipments. This includes top speed and... more
Teleport and Vietjetair Cargo ink MOU
Teleport, an air logistics provider based in Southeast Asia, has announced a new partnership with Vietjetair Cargo. The companies signed a memorandum of understanding (MOU) at the Air Cargo Southeast Asia 2023 event in Singapore. This partnership enables Teleport to combine its... more
Emirates SkyCargo commits to Southeast Asia
As the air cargo industry gathers at Air Cargo Southeast Asia in Singapore, Emirates SkyCargo looks back on over 30 years of connecting to the region, developing trade flows, and linking up manufacturers, trades, and exporters with businesses all over the world. Emirates... more
World ACD: global air cargo tonnages stabilising
Preliminary figures provided by World ACD for week 43 (23 to 29 October) show a +1% increase in global average rates and a -1% decrease in tonnages. The slight decrease in last month's last full week follows the same pattern as the previous year, characterised by a mid-month... more
Cargo IQ onboards new member
Air cargo quality standards organisation Cargo IQ has welcomed Awery Aviation Software (Awery) to its growing membership to support key projects to enhance real-time shipment visibility through digitalisation. As a full IT member, Awery will contribute its expertise in AI,... more
Air cargo demand turns a corner in Asia Pacific
Following 18 consecutive months in decline since March 2022, the region’s carriers recorded an upswing in international air cargo demand in September, with a 3.2% year-on-year growth as measured in freight tonne kilometres (ftk). While the increase could in part be... more
First Airbus A321 P2F for Indigo
Aercap Holdings has delivered its first Airbus A321 passenger-to-freighter (P2F) aircraft to Indigo. The aircraft conversion was completed by Elbe Flugzeugwerke (EFW) before being delivered to IndiGo at ST Engineering Aerospace in Singapore. "We are pleased that our... more
Almost 200 horses under the hood
A total of 196 horses for dressage, show Jumping and eventing competitions will be transported by Latam Cargo to and from Chile to participate in the 2023 Pan American Games and then return to their homes. Through a complex operation, and in just three weeks, horses from the... more
Etihad partners with WFS for Copenhagen launch
Etihad Airways, UAE’s national airline, has appointed Worldwide Flight Services (WFS), a member of the Sats Group, as its cargo handling partner in Copenhagen for the launch of its first-ever flights connecting Abu Dhabi and Denmark. WFS handles up to 5,000 t of cargo a year... more