Archive for the ‘Cargo’ Category
Dubai A’port: Cargo traffic dips; Passenger traffic up
Passenger traffic at Dubai Airport jumped 14 % in January from a year earlier, buoyed by holiday season demand, but cargo shipments fell, Dubai Airports said. The world’s fourth busiest airport for international passenger and cargo traffic handled 4.85 million passengers last month, up from 4.25...
March 20th, 2012 | Cargo, Default | Read MoreRailways raises loading rates
The Indian railways has announced in increase of between 10-15 per cent on loading charges for several commodities. It also scrapped a four per cent exemption on loading charges for fertilizer and food grains. The new rates came into effect starting 5 March. The department had increased freight rate...
March 20th, 2012 | Cargo, Default | Read MoreAir India goes seamless In Cargo operations
Cargo operations of Air India would now on be seamless for its entire domestic and global network with the introduction of a single automated solution for both the two erstwhile state-run carriers. The airline was operating cargo carriage on third-party hosted systems earlier. While it was one system...
March 20th, 2012 | Cargo, Default | Read MoreDirect fuel import to hit States’ revenue
Direct import of aviation fuel by private Airlines will cut down the tax revenue of around Rs.2,500 crores to the Government annually. “Although the Centre has protected their revenues, the move will impact revenues of states,” Bihar Deputy Chief Minister Sushil Kumar Modi, who heads a panel...
March 20th, 2012 | Cargo, Default | Read MoreCayman Company to acquire Gopinath’s Deccan 360
A Cayman Islands-domiciled private equity fund has offered a package deal which could result in it acquiring Deccan 360, the ailing air cargo operator founded by lowcost aviation pioneer G R Gopinath, a person directly involved in the negotiations said. Redclays Capital has offered to help raise $50...
March 20th, 2012 | Cargo, Default | Read MoreThe e-freight: project surpassed the IATA board target
The e-freight figures were recently published for 2011 revealing that the project surpassed the IATA board target for the year. It was an ambitious year for the efreight worldwide community with a target of 10% penetration on trade lanes that went live at the end of 2010. By December 2011, the target...
March 20th, 2012 | Aviation, Cargo, Default | Read MoreIt is wake up call for Mihan
Competition is assured once Multimodal International Hub and Airport at Nagpur (MIHAN) is ready to take off.. Hyderabad-based GMR which has taken over that city’s airport has massive plans to enter cargo hub business. Its advantage over Nagpur is already developed infrastructure. GMR claims due...
February 27th, 2012 | Cargo, Default | Read MoreCargo on the growth curve
Cargo firms, while passenger traffic was sluggish during 2011. Take for example financials for the year ended March 2011. While all airlines posted a 20%-plus growth in revenue, their profits were severely battered. Jet Airways posted net loss of 86 crore, while Kingfisher’s was 1,027 crore. Goods...
February 26th, 2012 | Cargo, Default | Read MoreHyderabad dons up to be
GMR Group, India’s leading infrastructure company that owns and operates the Rajiv Gandhi International Airport in Hyderabad, has drawn up a blueprint to make the airport a cargo hub. The move follows a failed attempt by the Civil Aviation Ministry to turn Nagpur in Maharashtra into a centre for...
February 24th, 2012 | Cargo, Default | Read MoreEmirates’ to Fly: Dublin to Dubai
STARTING next year Emirates will launch a daily Dublin (Ireland) to Dubai (UAE) service carrying 15 tonnes of belly-hold cargo. Emirates SkyCargo is already active in Ireland, primarily transporting goods through Manchester and London (both UK). Pharmaceuticals, which make up nearly a quarter of Ireland’s...
December 22nd, 2011 | Cargo, Default | Read More
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