Air Canada has placed a new order for 18 Boeing 787-10 Dreamliner aircraft. This order substitutes a previously announced agreement to purchase two Boeing 777 freighter aircraft, and Air Canada will no longer take delivery of the two freighters. “Deliveries of the new aircraft are scheduled to begin in Q42025 with the last aircraft scheduled for delivery in Q1 2027,” says an official release. They will be used to replace older, less efficient wide-body aircraft currently in the Air Canada fleet. The agreement also includes options for another 12 Boeing 787-10 aircraft, which will provide flexibility for growth to meet future customer demand.” Michael Rousseau, President and Chief Executive Officer, Air Canada says: “Air Canada has made investing in the passenger experience a core priority. Our experience shows customers greatly enjoy flying on the Dreamliner, so we are pleased to offer them a larger version of this popular aircraft, which will premiere a new, state-of-the-art interior cabin design. As importantly, the 787 is highly fuel efficient and will generate operational savings as well as support our sustainability goals of reducing emissions.”
Read More »Air France KLM orders 50 new A350 aircraft
The Air France KLM Group has placed an order to purchase 50 Airbus A350-900 and A350-1000 aircraft with purchase rights for 40 additional aircraft. The deliveries are expected between 2026 to 2030, says an official release. “This will be an evolutionary order, providing the Group with flexibility to allocate aircraft within its portfolio of airlines, according to market dynamics and local regulatory conditions,” the release adds. Benjamin Smith, CEO, Air France-KLM says, “This new order will be a major step in the renewal of the Group’s fleet. The Airbus A350 is a state-of-the-art aircraft with an excellent track record at Air France where it has rapidly become a favourite among passengers and crew since its entry into service in 2019. It is the perfect fit for the network needs of the Group and boasts outstanding performances: it is a quieter, more fuel-efficient and more cost-effective aircraft compared to previous generations. It will be instrumental in helping the Group reach our ambitious sustainability targets including (-) 30 percent CO2 emissions per passenger kilometre by 2030.”
Read More »Global air cargo tonnages, rates rise in Sep: WorldACD
According to the latest figures from WorldACD Market Data, global air cargo tonnages showed a positive development in the second full week of September after stabilizing at the beginning of the month. Average rates are also on an upward trend, breaking out of the bandwidth reported since mid-July – between $2.26 and $2.29 – per kilo, now reaching $2.31. Figures for week 37 (September 11-17) show a jump in tonnages of four percent compared with the previous week while average worldwide air cargo prices increased slightly (+1 percent) based on more than 400,000 weekly transactions covered by WorldACD’s data. “Comparing weeks 36 and 37 with the preceding two weeks (2Wo2W), overall tonnages increased by three percent versus their combined total in weeks 34 and 35 while worldwide rates went up by two percent at slightly higher capacity (+1 percent).
Read More »Kale showcases cutting-edge digital solutions at ACHL
Kale Logistics Solutions (Kale) showcased the cutting-edge digital solutions for the air cargo industry at Air Cargo Handling & Logistics Conference (ACHL) 2023, in Athens. Amar More, CEO and Co-founder of Kale Logistics Solutions spoke at the panel discussion titled “Digital & Environmental Transformation – Financial benefits yet to be realized”. The session was held on Thursday, September 21, 2023. He spoke on data-based insights that drive customer satisfaction, cyber security and application monetization which makes Cargo Community Systems a very unique and innovative model of airport and ground handling companies.
Read More »Air France ties up with digital player to promote SAF
Air France-KLM Group announced that Tata Communications, a global digital ecosystem enabler, has joined its Corporate SAF program to promote and develop the use of Sustainable Aviation Fuel (SAF). Tata Communications is the first global corporate from India to join this program which actively supports the transition to Sustainable Aviation Fuel and will therefore contribute to the reduction of the CO2 emissions generated by aviation. Sustainable Aviation Fuels are the most decisive ways of reducing CO2 emissions in the aviation industry. However, the production is currently very limited and SAF represented approximately 0.1% of the global jet fuel use in 2022. The corporate SAF program allows Air France-KLM to partner with organizations to accelerate the production and usage of SAF, and thus pave the way towards making SAF more readily available with the aim to contribute to a more sustainable future in aviation. SAF projects selected by Air France-KLM reduce CO2 emissions by at least 75% compared to conventional jet fuel on a lifecycle basis. Speaking on the announcement, Claude Sarre, General Manager Indian Sub-Continent , Air France-KLM said: “Decarbonizing aviation comes with several challenges, compelling the industry to collaborate with various stakeholders and seek innovative solutions to minimize the environmental impact. As a responsible player, sustainability is embedded at the core of the Air France- KLM Group’s strategy, with a strong emphasis on the development and use of Sustainable Aviation Fuels (SAF). We are proud to welcome Tata Communications in the Air France–KLM Corporate SAF Program. This agreement is significant towards raising awareness and addressing sustainability challenges the aviation industry faces. Tata Communications, has a strong commitment towards environment preservation. We are happy to take the first step of …
Read More »‘FTAs will increase speed, global reach and trade volume’
Vipin Vohra, Chairman, Continental Carriers says prioritizing air cargo in Foreign Trade Agreements (FTAs) can have a significant impact on international trade. It will increase speed, efficiency, and resilience of perishable and high-value goods supply chain, global reach and it can lead to increased trade volume, faster delivery times, and improved access to global markets for certain industries. He says, “Air cargo is known for its speed and efficiency in transporting cargo across borders. Prioritizing air cargo in FTAs can lead to quicker delivery times, reducing lead times for businesses and consumers. Air cargo is particularly useful for transporting perishable goods (like fresh produce and pharmaceuticals) and high-value goods (like electronics and luxury items) that require swift transportation to maintain their quality and value. Supply Chain Resilience: The COVID-19 pandemic highlighted the importance of supply chain resilience. Air cargo was critical for transporting medical supplies and vaccines during the pandemic. Prioritizing air cargo in FTAs can help ensure a resilient supply chain for essential goods. Global Reach: Airports and airlines cover a wide range of destinations, allowing businesses to access global markets easily. This can be especially beneficial for countries with limited land connections or geographical constraints. The impact of prioritizing air cargo in FTAs on cross-border trade depends on the specific circumstances of the countries involved. It can lead to increased trade volume, faster delivery times, and improved access to global markets for certain industries. However, it’s essential to strike a balance between air cargo and other modes of transportation to ensure diverse trade options and mitigate environmental and cost-related concerns.” While there are benefits to prioritizing Air Cargo in FTAs, it’s crucial to consider the broader implications, including …
Read More »FFFAI, LSC partner to create awareness on apprenticeship training
The Federation of Freight Forwarders Associations in India (FFFAI) and Logistics Sector Skill Council (LSC) jointly organized a webinar to create awareness on Apprenticeship Training on 12th September 2023. Shankar Shinde, Chairman, FFFAI chaired the webinar. Dr T.C. Saravanabava highlighted that Apprenticeship Training is one of the most efficient ways to develop skilled manpower for the country. It provides for an industry led, practice oriented, and efficient mode of formal training. The National Apprenticeship Act was enforced in the year 1959 at first on the voluntary cause. The bill was presented before the parliament during 1961 and was enforced from 1st January 1963. The act was amended twice in 1973 and 1986. There are 38 sections and one schedule. The schedule is in regard to the adjustments in Workmen’s Compensation Act, 1923 with reference to its application to students under the Apprentices Act, 1961. The panelists included Sudhir Agarwal, Treasurer and OB in charge, Skill Development Committee, FFFAI; Dushyant Mulani, Chairman Elect, FFFAI; Tej Contractor, President, IIFF; Dr. T.C. Saravanabava, Head Apprenticeship, LSC, and Anthony Coelho, Vice President, LSC. Also present on this occasion was Vinod Sharma, Secretary, FFFAI. A large number of FFFAI Member organisations from across the country participated in the webinar. The core objective of the webinar implementation of Apprenticeship training in the FFFAI member organizations.
Read More »Jeena adopts AI tools to enhance logistics efficiency
Jeena & Company has introduced artificial intelligence to further improve productivity and enhance customer-focused working. The company has integrated its Customs House Agent (CHA) software with an AI solution that has already produced outstanding results. Among the notable achievements of this integration is the introduction of “Single Click Automation.” By infusing AI into various external interface processes, the Company has achieved remarkable efficiency gains. This includes the effortless digitization, signing, and uploading of PDF documents to external portals, accompanied by real-time tracking of all PDF documents within their ERP system. Additionally, the company now generates, digitally signs, and uploads flat files to the portal, automatically capturing bill numbers. As a result, lead times that once spanned 30 minutes have been drastically reduced to an astonishing 3 minutes. Jeena & Company has also embraced API integration, elevating the client experience to unparalleled heights. With live portal data directly accessible on the application system, customers can retrieve vital information without the hassle of external portal logins. Moreover, the option to seamlessly download live Excel data from the external portal through Jeena & Company’s system simplifies data retrieval and analysis, ensuring clients have all the necessary tools at their disposal.
Read More »FedEx struggles market weakness, cut costs
FedEx is continuing to focus on cost saving initiatives in response to weak express demand as it reported revenue of $21.7bn in its first quarter 2024, ended August 31. The company attributed a 19% improvement in reported net income to $1.1bn to its ‘DRIVE’ programme t0 improve operational efficiency and reduce expenses. “First quarter results improved primarily due to the execution of the company’s DRIVE program initiatives and continued focus on revenue quality. The improvement in operating results was partially offset by ongoing demand weakness,” said the company. Revenue at FedEx Express was down 9% year over year, but the division benefited from reduced operating expenses. “Volume remained pressured though total Express volume declines moderated sequentially,” noted Brie Carere, executive vice president, chief customer officer. FedEx Express operating income increased 18% during the quarter. “Cost reductions and transformation efforts at FedEx Express included structural flight reductions, alignment of staffing with volume levels, parking aircraft, and shifting to one delivery wave per day in the US, all of which more than offset the impact of lower revenue,” added John Dietrich, executive vice president, chief financial officer.
Read More »AISATS honored as Associate Media Partner at ICA
Air India SATS Airport Services (AISATS) was felicitated as the Associate Media Partner at recently held India Cargo Awards in New Delhi. Piyush Srivastava, IES, Senior Economic Advisor graced the occasion as the Chief Guest. Known as the “Oscars of the Cargo Industry,” the India Cargo Awards 2023, hosted by Cargo Talk (DDP Group Publication) serves as an all-India platform created with a vision to recognise excellence in the Cargo-Freight-Logistics Industry across various domains, including Rail, Road, Air, Sea, Allied Services, Warehousing, Technology, 3rd Party Logistics, and more. Our world-class awards ceremonies are known for their formal Black-Tie affair, filled with glitz and glamour, attended by the most influential personalities in the industry.
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