Pent-up demand could improve Q4 air cargo figures - industry
- Latest News
- Tuesday, 31 October 2023
As the world recovers from Covid, airfreight industry experts and analysts are saying the fourth quarter could see a demand surge.
As the world recovers from Covid, airfreight industry experts and analysts are saying the fourth quarter could see a demand surge.
Australia's Toll Group is to become majority shareholder in its joint venture in Dubai, CWT-SML Logistics.
Under the terms of the agreement, Toll will acquire a further 35 per cent interest from Albwardy Investment, increasing its shareholding from 20 to 55 per cent.
IAG cargo has confirmed increased services as part of the new winter schedule connecting its hubs in London, Madrid and Dublin to key destinations across the world. Customers will benefit from additional capacity from the end of October through March 2024.
Switzerland-based global logistics giant Kuehne+Nagel has moved to capture more semiconductors business.
Airframe maker Airbus says the first components for the A350 freighter from manufacturing plants in Stade, Bremen, and Varel are on their way.
Singapore Changi Airport handled 4.87 million passenger movements in September 2023, 89 per cent of the passenger movements in September 2019.
In terms of aircraft movements, a total of 27,800 landings and take-offs were recorded, again about 89 per cent of the September 2019 level. Airfreight throughput stood at 154,000 tonnes for the month, on par with what was carried in the same month last year.
Global tech firm Unisys says its new Logistics Optimization tool will help airlines maximise their cargo revenues by using artificial intelligence (AI), advanced analytics and quantum computing to provide efficient and cost-effective ways to pack, store and route shipments.
As the world recovers from Covid, airfreight industry experts and analysts are saying the fourth quarter could see a demand surge.
Australia's Toll Group is to become majority shareholder in its joint venture in Dubai, CWT-SML Logistics.
Under the terms of the agreement, Toll will acquire a further 35 per cent interest from Albwardy Investment, increasing its shareholding from 20 to 55 per cent.
IAG cargo has confirmed increased services as part of the new winter schedule connecting its hubs in London, Madrid and Dublin to key destinations across the world. Customers will benefit from additional capacity from the end of October through March 2024.
Switzerland-based global logistics giant Kuehne+Nagel has moved to capture more semiconductors business.
Airframe maker Airbus says the first components for the A350 freighter from manufacturing plants in Stade, Bremen, and Varel are on their way.
Singapore Changi Airport handled 4.87 million passenger movements in September 2023, 89 per cent of the passenger movements in September 2019.
In terms of aircraft movements, a total of 27,800 landings and take-offs were recorded, again about 89 per cent of the September 2019 level. Airfreight throughput stood at 154,000 tonnes for the month, on par with what was carried in the same month last year.
Global tech firm Unisys says its new Logistics Optimization tool will help airlines maximise their cargo revenues by using artificial intelligence (AI), advanced analytics and quantum computing to provide efficient and cost-effective ways to pack, store and route shipments.