RIYADH : Saudi Arabia has announced the establishment of a new national airline. Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the Public Investment Fund (PIF), announced the establishment of
TOKYO : Nippon Yusen Kabushiki Kaisha (NYK) entered into a Memorandum of Understanding (MoU) with ANA HOLDINGS INC (ANAHD) to transfer entire shares of Nippon Cargo Airlines (NCA), a consolidated subsidiary, to ANAHD. NYK
HYDERABAD : Kuehne+Nagel, a leading global logistics company, announced that it has signed a three-year logistics service contract with GMR Aero Technic, a subsidiary of GMR Hyderabad International Airport Limited. With the contract, Kuehne+Nagel
MUMBAI : SpiceJet’s board approved a slump sale of its cargo business to subsidiary SpiceXpress & Logistics for Rs 2,556 crore, a debt swap with aircraft lessor Carlyle Aviation Partners and a fresh round
BEIJING : China’s Cosco Shipping has opened a sea and air logistics centre in Guangzhou Airport’s economic zone. The facility is to include warehousing, logistics, e-commerce and other value-added services. Its opening marks the
MARSEILLE : CMA CGM Air Cargo has become the latest airline to expand its services to China. The French airline, owned by shipping giant CMA CGM, began flying an Airbus A330-200 freighter four times
SINGAPORE : DHL Express on last Friday announced the launch of GoGreen Plus, a new service that will allow customers to reduce (‘inset’) the carbon emissions associated with their shipments through the use of
HYDERABAD : Amazon has launched its dedicated cargo airline, Amazon Air, in India, the first in the region and the first partnership in the country between an e-commerce company and a third-party air carrier. The new bright
NEW DELHI : Air India, India’s leading airline and a Star Alliance member, continues to expand its global reach with the resumption of its non-stop service between Mumbai and JFK Airport in New York from
MARSEILLE : Following the earthquake that struck Türkiye and Syria, and as part of French and international solidarity efforts, the CMA CGM Foundation is mobilizing its logistical expertise to help the affected populations. In