Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Source…www.itln.in March 5, 2020: The global chargeable weight of air cargo in February 2020 fell – on a like-for-like basis – by nearly 9 percent versus 2019 as the industry suffered the dramatic consequences of the novel coronavirus (Covid-19) on world trade.
Market analyses by Clive Data Services for last month show that conducting a basic year-on-year comparison of airfreight volumes would have produced a decline of close to 2 percent. However, adjusting the analyses for the fact that the Chinese New Year fell early this year (-3 percent) and the fact that February 2020 is a Leap Year, with an extra day over the same month a year ago (-4 percent), takes the overall decline to close to 9 percent. Clive’s managing director, Niall van de Wouw said: “If ever there was a moment when we can highlight the limitations of basic month-on-month analyses from a methodology standpoint, this is it.
Clive Data Services. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Source…www.itln.in March 4, 2020: Airports Council International (ACI) reported that revenues of airports in Asia-Pacific and Middle East airport are under tremendous pressure two months into 2020 amidst the impact of the coronavirus (COVID-19) on China which contributed 60 percent of air traffic increase in 2019.
Preliminary January 2020 airport traffic results reveal divergent performance among major aviation hubs in the region with some airports generating positive growth leading up to the Lunar New Year. However, with the outbreak of COVID-19 occurring in late January, contraction is anticipated. Coronavirus: IATA postpones world air cargo symposium to 2021. Source…www.itln.in March 4, 2020: International Air Transport Association (IATA) postponed the 14th World Air Cargo Symposium (WCS) scheduled to be held in Istanbul, Turkey from March 10-12, 2020 into next year due to the threat posed by coronavirus outbreak (COVID-19).
“Over the past few days, we have been receiving enquiries about the status of the upcoming 14th WCS in Istanbul due to the coronavirus. Although there have been no reported cases in Turkey, we have taken the decision to postpone the event,” says the IATA announcement. “Since the first outbreak of COVID-19 in mainland China, we have been monitoring the situation in Istanbul closely, working daily with local and international authorities. We have been following the WHO’s guidelines. Coronavirus: IATA calls out for global suspension of slot rules. Source…www.itln.in March 3, 2020: The International Air Transport Association (IATA) requested aviation regulators worldwide to immediately suspend the rules governing the use of airport slots for the 2020 season, due to the impact of COVID-19 (the coronavirus).
“IATA research has shown that traffic has collapsed on key Asian routes and that this is rippling throughout the air transport network globally, even between countries without major outbreaks of COVID-19. There are precedents for previous suspension of the slot use rules and we believe the circumstances again calls for a suspension to be granted. We are calling for regulators worldwide to help the industry plan for today’s emergency, and the future recovery of the network, by suspending the slot use rules on a temporary basis,” said Alexandre de Juniac, director general and CEO, IATA. #COVID19: We call on the governments to suspend the rules governing use of airport slots. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara.
Source…www.itln.in March 3, 2020: On Monday, the Indian carrier Vistara unveiled country’s first Boeing 787-9 Dreamliner and its first wide-body aircraft, which arrived in Delhi on February 29, 2020, from Boeing’s production facility in Everett, Washington.
The airline celebrated its newest and 40th aircraft in a grand ceremony at the Delhi Airport. Vistara revealed its new cabin products for long-haul international flights that the aircraft will start operating soon. And there it stands – tall and proud. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. Source…www.itln.in March 2, 2020: The credit rating agency, ICRA has maintained its negative outlook on the Indian aviation industry and predicted a maximum impact of 19.5 – 23.8 percent in view of the ongoing lockouts in parts of China following the outbreak of the coronavirus.
The extent of the impact of the flight/ticket cancellations on the profitability of the domestic airlines would, however, vary depending on the airlines’ presence in these routes. Besides the direct impact on travel to and from the coronavirus affected countries, the medium-term impact on the Indian aviation industry would also depend on the economic shock to the global economy. How much Indian aviation is exposed to China? The outbreak of the Coronavirus in China and its spread to some of the other South-East Asian countries has impacted the air travel to and from these countries. Can declining fuel prices compensate for loss of revenues?
Coronavirus: Private airports want to levy extra charge with airline fares. Source…www.itln.in March 13, 2020: Association of Private Airport Operators (APAO) urged government to allow levy a passenger facilitation charge as part of airline fares to cover increased operating expenses being incurred by the operators due to coronavirus outbreak.
In a letter written to the Ministry of Civil Aviation, the representation noted that the airport operators are now in a situation of severe financial crisis and need relief/support to sustain airport operations. Meanwhile, International Air Transport Association (IATA) tweeted “India’s private airports need to do a reality check on their suggestion to impose a new levy at a time when passenger demand is plummeting on account of the COVID19 outbreak.” Coronavirus: Private airports want to levy extra charge with airline fares.
Hyderabad airport to build 33,000 sq ft free trade zone for Spicejet. Source…www.itln.in March 13, 2020: The Indian carrier, SpiceJet signed an ‘agreement to lease’ with GMR Hyderabad Aviation SEZ (GHASL) by which the airport will construct a facility for the airline to carry out the warehousing, distribution and trading activity within the Free Trade Warehousing Zone at GMR Aerospace & Industrial Park.
GHASL is a 100% subsidiary of GMR Hyderabad International Airport (GHIAL) and the new facility will be 33,000 sq ft initially, with a potential to expand to 100,000 sq ft, based on demand. Marine Krishi Udaan SpiceJet recently pioneered India’s ‘Marine Krishi Udaan’ by introducing dedicated freighter flights from Chennai & Vishakhapatnam to Surat & Kolkata to boost India’s shrimp farming. The airline’s cargo services operate on both domestic and international routes, powered by fully integrated transportation network including air cargo, ground transportation and warehousing facilities across the country.
UPS appoints Carol Tomé as CEO; David Abney to be executive chairman. Source…www.itln.in March 13, 2020: The UPS Board of directors on Thursday announced that it has named Carol Tomé as UPS chief executive officer, effective June 1.
David Abney, the current Chairman and chief executive officer, will remain in his role until June 1 when he will become executive chairman of the Board. He will retire from the UPS Board on September 30. In order to ensure a smooth transition and successful peak season, Abney will remain as a special consultant through the end of 2020 and then retire after 46 years of UPS service. On September 30, William Johnson, UPS lead independent director, will assume the role of non-executive chairman. Nine Indian airports bag ACI service quality awards for 2019. Source…www.itln.in March 12, 2020: Delhi, Mumbai, Bengaluru, Hyderabad, Cochin, Lucknow, Mangalore, Chandigarh, and Trivandrum airports have won the annual Airport Service Quality (ASQ) Awards for 2019 of Airports Council International (ACI) in separate categories.
Chhatrapati Shivaji Maharaj International Airport, Mumbai and Indira Gandhi International Airport, Delhi were positioned in the best airports in the category of over 40 million passengers. Kempegowda International Airport, Bengaluru won the same award in the category of 25 – 40 million passengers while Rajiv Gandhi International Airport, Hyderabad received it in 15 – 25 million passengers category. Chaudhary Charan Singh Airport, Lucknow and Cochin International Airport won the same award in the category of 5–15 million passengers while Chandigarh International Airport, Mangalore International Airport and Trivandrum International Airport won the best airport award under the 2–5 million passengers category.
IBS Software moves Lufthansa Cargo’s handling platform to cloud. Source…www.itln.in March 11, 2020: The SaaS solutions provider to the global travel industry, IBS Software has signed a five-year contract with Lufthansa Cargo AG (LCAG), to take full ownership of the hosting and maintenance of Lufthansa Cargo’s iCAP cargo handling application platform, which is powered by IBS Software’s iCargo cargo management platform. Lufthansa Cargo’s decision to move to IBS Software’s SaaS hosting platform is part of its long-term objective to focus on its core cargo business without compromising on IT operations. As part of the decision-making process, Lufthansa Cargo evaluated the capabilities of global hosting service providers on critical areas including application availability, security regulatory and data privacy. Initial performance of the system, which operates from IBS Software’s new data centre in Frankfurt, has shown that the SaaS service has exceeded the benchmarks in all parameters set by Lufthansa Cargo, with 100% SLA compliance.
CLIVE Data Services signs MoU with TIACA to share air cargo market analyses. Source…www.itln.in March 9, 2020: The International Air Cargo Association (TIACA) has signed an intelligence-sharing agreement with CLIVE Data Services, creators of the new ‘dynamic load factor’ analyses, to deliver latest market and route analyses to its members. Changing the way air cargo usage is measured According to CLIVE‘s dynamic load factor analyses, the global utilisation of air cargo capacity is 35% higher than calculated in weight load factor, the traditional industry indicator.
CLIVE Data Services will deliver its first market analyses to the Association’s members this month. CLIVE Data Services signs MoU with TIACA to share air cargo market analyses. Coronavirus: China will pay airlines as per seat km to bring passenger flights back. Source…www.itln.in March 9, 2020: Civil Aviation Administration of China (CAAC) on Friday, March 6 produced a notification by which it will provide financial support for Chinese and foreign airlines for operating international passenger flights during the prevention and control period of the novel coronavirus (Covid-19).
Execution period of the policy shall be from January 23, 2020, to June 30, 2020. “To actively mitigate the impact of the novel coronavirus pneumonia epidemic on the civil aviation industry, encourage continuous operation on international routes, guide the restoration of the already suspended international flights, and support air carriers in their fight against the epidemic, the central treasury will arrange funds to support both Chinese and foreign air carriers during the prevention and control period of the Novel Coronavirus Pneumonia epidemic,” says the release.
Coronavirus: ACI projects $3 billion revenue loss for airports in Asia-Pacific. Source…www.itln.in March 9, 2020: Airports Council International (ACI) Asia-Pacific urged regulators and governments to implement relief measures for local contexts as it warns the prolonged duration of the coronavirus (COVID-19) outbreak will cause a revenue loss of $3 billion to airports in the region. The ACI World Airport Traffic Forecasts 2019–2040 predicts $12.4 billion revenue for the first quarter in the Asia-Pacific region in the “business as usual” scenario. According to ACI World estimates, Asia-Pacific is suffering the highest impact, with passenger traffic volumes down -24 percent for the first quarter of 2020, compared to forecasted traffic levels without COVID-19. Within the Asia-Pacific region, mainland China, Hong Kong SAR and the Republic of Korea remain at the centre of the effects with sizable losses in traffic volumes.
Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Source…www.itln.in March 5, 2020: The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19) public health emergency on the global air transport industry. Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA. Emirates SkyCargo automates regulatory compliance screening operations.
Coronavirus: Global air cargo’s chargeable weight drops 9% in February. IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Source…www.itln.in March 5, 2020: The Indian SaaS solutions provider to the aviation industry, IBS Software has announced a contract with Japan Airlines (JAL) for the implementation of iCargo, a cargo sales, inventory and reservations system that manages air cargo operations and movement, with business capabilities that are uniquely designed for Japanese air cargo market.
JAL will replace multiple legacy systems with IBS’s iCargo Terminal Operations solution for Japan, the workhorse that will manage the entire operations process covering the import, export, transfers, warehouse operations and airports operations across the network. Along with significant savings in legacy system maintenance costs, JAL will also benefit from major efficiency improvements through the iCargo solution. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Hyderabad airport to build 33,000 sq ft free trade zone for Spicejet. UPS appoints Carol Tomé as CEO; David Abney to be executive chairman.
Nine Indian airports bag ACI service quality awards for 2019. Nine Indian airports bag ACI service quality awards for 2019. IBS Software moves Lufthansa Cargo’s handling platform to cloud. CLIVE Data Services signs MoU with TIACA to share air cargo market analyses. Coronavirus: China will pay airlines as per seat km to bring passenger flights back. Coronavirus: ACI projects $3 billion revenue loss for airports in Asia-Pacific. Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA. Emirates SkyCargo automates regulatory compliance screening operations. IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI.
Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA. Emirates SkyCargo automates regulatory compliance screening operations. IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA.
India is ready to build digital corridors with global hubs: Air Cargo India 2020. Source…www.itln.in February 28, 2020: With more than 70 exhibitors spanning and engagement of more than 2000 people from the air cargo community along with panel discussions covering all the major topics encircling the air freight industry, the Air Cargo India 2020 show has been successfully concluded.Air Cargo India (ACI) 2020 took place at the Grand Hyatt Hotel Mumbai, India from 25 to 27 February and was inaugurated by the chief guest Vandana Aggarwal, economic advisor to the Indian Ministry of Aviation. After setting the exhibition gates open, Aggarwal gave the keynote address at the conference where she comprehensively discussed the current position of the air cargo industry in India and underscored the government initiatives like National Cargo Policy, UDAN scheme, Krishi Udan.
Aggarwal stressed on the government’s interest in enabling digital corridors and shared insights on technologies and innovations that need to come forth. Lise Marie Turpin receives Lifetime Achievement Award at Air Cargo India 2020. Source…www.itln.in February 28, 2020: Air Cargo Industry veteran Lise Marie Turpin received ‘The STAT Trade Times Lifetime Achievement Award from R K Patra, group editor-in-chief, STAT Media Group during the three-day Air Cargo India 2020 event in Mumbai. Lise is an incorrigible optimist. In retrospect, the prospect s of travelling around the world intrigued young Lise, quite naturally, into building a career in the industry.
She joined Air France and soon looked after passenger sales. Lise Marie Turpin gets The STAT Trade Times Lifetime Achievement Award for her remarkable contribution to the international air cargo industry. The spirit of challenge in her prompted her to look for new pastures which came in the form a job in sales and operations of Air France Cargo. The September 2001 attack, 9/11, plunged the aviation industry into deep gloom since aviation was used as a tool for the attack.
Abdulla Alkhallafi appointed as new Indian cargo manager of Emirates SkyCargo. Virgin Atlantic Cargo to fly between Manchester & Delhi for the first time from October. Source…www.itln.in February 27, 2020: With an eye on businesses moving £20 billion of trade between the UK and India each year, Virgin Atlantic Cargo will be launching a Manchester-Delhi service from October 2020 by directly linking North of England.
Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA. Emirates SkyCargo automates regulatory compliance screening operations. IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules.
All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Inews.com - inews Resources and Information. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Emirates SkyCargo automates regulatory compliance screening operations.
IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. Emirates SkyCargo automates regulatory compliance screening operations.
Emirates SkyCargo automates regulatory compliance screening operations. IBS Software’s iCargo to manage Japan Airlines’ cargo terminal operations. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Global air cargo’s chargeable weight drops 9% in February. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI.
Source…www.itln.in March 4, 2020: Airports Council International (ACI) reported that revenues of airports in Asia-Pacific and Middle East airport are under tremendous pressure two months into 2020 amidst the impact of the coronavirus (COVID-19) on China which contributed 60 percent of air traffic increase in 2019. Preliminary January 2020 airport traffic results reveal divergent performance among major aviation hubs in the region with some airports generating positive growth leading up to the Lunar New Year. However, with the outbreak of COVID-19 occurring in late January, contraction is anticipated. A severe drop in passenger traffic is expected as many countries have imposed travel bans and direct flight cancellations in response to the outbreak, substantially decreasing air connectivity. Scheduled capacity within Asia-Pacific has dropped drastically, in excess of -15%, in February. Coronavirus: IATA postpones world air cargo symposium to 2021.
Coronavirus: IATA calls out for global suspension of slot rules. Source…www.itln.in March 3, 2020: The International Air Transport Association (IATA) requested aviation regulators worldwide to immediately suspend the rules governing the use of airport slots for the 2020 season, due to the impact of COVID-19 (the coronavirus). All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara.
Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA. India is ready to build digital corridors with global hubs: Air Cargo India 2020. Lise Marie Turpin receives Lifetime Achievement Award at Air Cargo India 2020. Abdulla Alkhallafi appointed as new Indian cargo manager of Emirates SkyCargo. Virgin Atlantic Cargo to fly between Manchester & Delhi for the first time from October. Spicejet’s dedicated cargo service to boost shrimp business.