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Turkish Cargo now flies to Quito

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Turkish Cargo, the fastest growing global air cargo carrier has added Quito (UIO), the capital city of Ecuador, to the destinations with direct cargo flights. The first one of the Quito flights, to be operated for...

3.3% dip in global demand for air freight in January: IATA

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Global air freight markets suffered a decline in demand, measured in freight tonne-kilometres, of 3.3 per cent in January 2020, compared with the same period in 2019, according to the International Air Transport Association (IATA).

IATA World Cargo Symposium postponed amid COVID19 fears

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IATA has announced the postponement of next week’s planned 14th World Cargo Symposium (WCS) in Istanbul due to the coronavirus outbreak, marking the second major international freight event to be cancelled in just a few days following...

Potentialising India’s dream as a Transit Cargo Hub

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The unveiling of the much-awaited National Air Cargo Policy, earlier this year, has definitely heightened the expectations of Indian freight forwarders from the government, as the policy seeks to make India among the top five air freight...

Is air cargo dovetailing E-commerce industry?

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The impact of cross border e-commerce on the air freight market has been remarkable. Air cargo industry is likely to rake in moolah in times to come but this should not procreate the sense of complacency in...

Pumping up India’s air cargo prospects

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The center under the leadership of Prime Minister Narendra Modi is framing progressive and development policies in order to keep pace with the global players. In an endeavour to provide impetus to the air cargo industry, the...

Asia’s air cargo ascent

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As per the Boeing 20-Year Forecast, while global air cargo would reach 509 billion revenue tonne-kilometers (RTKs) by 2035, i.e. twice that seen in 2015, at an annual average rate of 4.2 per cent, Asia will lead...

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