Blue Dart in alliance with DHL announced the introduction of `Import Express,’ a one-stop-shop solution that allows imports with one invoice, one currency, one account and one bill.
Archive for the ‘Air Cargo’ Category
Company bets big on import-express business.
Logistics major Blue Dart Express Ltd has planned an investment of Rs 22 crore during the current year to expand its facilities network in the country.
The Rs 487-crore company, of which 80 per cent is owned by DHL Limited, is also betting big on the import-express business it launched a month ago.
The state-owned airline, Indian, plans to start dedicated freighter services from July, the Chairman and Managing Director, Dr V. Trivedi, said here on Tuesday.
“We are likely to call the new operations Indian cargo. The launch of the new service will not affect the ongoing merger process. When the merger process gets underway, Indian cargo can be merged with the new entity,” Dr Trivedi told newspersons.
A proposal to hike FDI cap in helicopter and sea-plane operations, MRO facilities, charters, air-cargo and non-scheduled air operations has been moved by the civil aviation ministry for the Union Cabinet’s consideration. “We have moved a Cabinet note proposing hiking FDI cap in different areas of the aviation sector to expand the air connectivity across the country,” civil aviation minister Praful Patel told reporters here.
The International Air Transport Association (IATA) has reported that global air-freight volumes grew by 4.6 per cent in 2006, up from 3.2 per cent growth in 2005. The passenger volume grew by 5.9 per cent, down from 7.6 per cent in 2005. But the passenger load factors in 2006 rose to a record 76 per cent, up from 75.1 per cent the previous year.
Davies Turner, the UK-based firm specialising in air cargo, surface freight forwarding, warehousing, distribution, customs clearance and consultancy, has appointed Cargoplan International, the subsidiary of the Colombo-based Freight Links International, as its partner for ocean freight services between the UK and India.
The International Air Transport Association is supporting five pilot projects, “e-freight pilots”, to test standards, processes and technical solutions of a paper-free e-freight system which, if implemented, would save the industry $ 1.2 billion annually, according to airfreight industry sources. The projects, scheduled for implementation in the current year itself, will link the air cargo markets in Canada, Hong Kong, the Netherlands, Singapore and the UK.
Flyington Freighters, a cargo airline company promoted by Hyderabad-based publishing group Deccan Chronicle, have signed an agreement for acquiring for six A330-200F aircraft from Airbus Industrie. The listed price for six freighters are estimated at $1.1 billion.
Earlier, the company had signed $1 billion deal with Boeing to acquire four B777 freighters.
Flyington Freighters is the first cargo airline to order the A330-200F, which is the latest freighter from Airbus. The first aircraft will join the fleet in the second half of 2009.
Air cargo imports into Mumbai airport rose 32% to 13,336 tons in November ’06, compared to November ’05, as per the latest available airports authority of India data. Exports from Mumbai dropped 1.9% in the same month, over last year, to 12,405 tons.
On the imports side, Air India maintained its lead, with 1,925 tons imported in November ’06, a rise of 24% over November ‘05, followed closely by Cathay Pacific, with 1,407 tons, showing a 164% year on year growth, aided by the increase of flights to China from August ‘06.