To Kick Off Farnborough Airshow DHL orders 14 B777Fs

Based on current list prices worth $4.7bn DHL orders 14 Boeing 777 Freighters with purchase rights for additional 7 freighters. After this order DHL fleet of B777 will be double in size. This order was announced at Farnborough International Airshow, is in response to increasing express demand & also to replace ageing aircrafts.  Ken Allen, chief executive,...

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Get Spot market capacity on digital platform from Lufthansa cargo

The German cargo carrier has made an agreement with cargo.one for making booking online for its td.flash (express service) & td.pro (general service) in order to offer spot market capacity & provide digital facility to forwarders. Lufthansa Cargo chairman Peter Gerber said: "Digitisation allows information to be distributed around the globe in fractions of a second. "This...

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New Freighter Service to Delhi by Korean Air

From July 17, Korean air is launching three times a week freighter service between Incheon & Delhi . Currently Korean air is operating passenger aircraft from Incheon to Delhi & Mumbai three to five times weekly. In a statement, Korean Air said: “The decision to introduce the cargo flight accompanies the South Korean government’s new diplomatic strategy to...

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Airfreight future figures published by FIS

Freight Investor Services (FIS), global leader in freight & commodity derivatives, has published airfreight future price curve, starting a new discussion in this $70bn market. In order to hep buyers & sellers in ascertaining seasonal price increase & tackling capacity issues , a new risk management tool is been designed by FIS. FIS along with index provider...

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Panalpina Opens new logistics centre at Singapore

Located on Pioneer view with an area of 3.5 football pitches Panalpina opens new logistics centre at Singapore. The warehouse is constructed six floor measuring 25,800m2 of which major space is already rented out . As per chief executive officer of Panalpina Singapore is very important location for Panalpina as 96 out of its 100 global customer are based out of Singapore. The...

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