CargoTalk’s Post

Indian #aircargo sector is about to witness a major overhaul, just as Air India Limited is planning to establish its seperate cargo arm, news reports have emerged that IAI - Israel Aerospace Industries is planning to set up a passenger to freighter (P2F) conversion line in India. The #OEM is in talks with Hindustan Aeronautics Limited and a couple of other companies for this #JV. A few months back GMR Aero Technic inked a pact with Boeing to establish a P2F conversion line in India. All these news point toward one direction - India's #aircargo sector is about to soar and all major stakeholders want to be a part of this growth. India's air cargo market has remained bullish with total volume at Indian airports in Q1 of FY24-25 up by 14% Y-O-Y, while the international flow has been up by 20%. A part of this growth was due to disrupted ocean services resulting from the Red Sea crisis, particularly for shippers of urgent or time-sensitive cargo. All-in-all India's #aircargo trade has seen a significant traction in the last two years with pro-industry government initiatives like new #cargoterminals, including integrated, multimodal, dedicated facilities, expansion and modernisation of existing terminals, along with the strategic development of cargo transshipment hubs. #Boeing forecasts India's #aircargo growth to average 6.3% annually, fueled by manufacturing and #ecommerce. India's #aircargo growth story can be summed in just one sentence - India's air cargo industry aims reach to 10 million metric tonnes by 2030. To know about our customised air freighter rates, visit us at https://lnkd.in/dNCfJtE9 or contact Anto Bright #cargocapacity #loadingcapacity #import #export #newfreighter #cargomovement #freighforwarders #cargocapacity #freighter #aerospacelogistics #aircargoindustry #cargotrends #aircragoservices #freighters #freightforwarders #logistics #aerospacelogistics #demandandsupply #globalaircargoindustry #airfreight #markets #economy #transportation #supplychain #cargotrends #supplychainwoes #aircargotrends #cargo #cargotrends

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Discover More at https://lnkd.in/gcY4RXWr Boosting airline revenue isn't just about more flights; it's about smarter cargo management. Learn how AI is revolutionizing the skies, making air freight more efficient, and your bottom line healthier. Unlock the Full Article at https://lnkd.in/gcY4RXWr # thecargoblog.com # thecargoblog.com #TheCargoBlog #logisticssolutions #aviation #Innovation #avionics #airfreight #aircargo #airlines #customs #seafreight #customsclearance #freightforwarding #supplychain #transportation #cargo #logistics #logistic #airlines #goals #transport #import #export #freightforwarder #oceanfreight #shipping #warehousing #trucking

𝗜𝗻𝗱𝗶𝗮'𝘀 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗮𝗶𝗿 𝗽𝗮𝘀𝘀𝗲𝗻𝗴𝗲𝗿 𝘁𝗿𝗮𝗳𝗳𝗶𝗰 𝘁𝗼 𝗴𝗿𝗼𝘄 𝗯𝘆 𝟴-𝟭𝟯% 𝗮𝗻𝗱 𝘀𝗲𝘁 𝘁𝗼 𝗿𝗲𝗮𝗰𝗵 𝟭𝟲𝟱-𝟭𝟳𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻, 𝘄𝗵𝗶𝗹𝗲 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝗮𝘀𝘀𝗲𝗻𝗴𝗲𝗿 𝘁𝗿𝗮𝗳𝗳𝗶𝗰 𝘁𝗼 𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝘃𝗶𝗼𝘂𝘀 𝗵𝗶𝗴𝗵𝘀 𝗶𝗻 𝗙𝗬𝟮𝟱. The expansion plans of airlines, IndiGo, AirIndia to deliver 150 additional wide body aircrafts by FY35 and further additions of A321XLRs from medium haul routes are set to enhance connectivity. 𝗡𝗶𝘁𝗶 𝗔𝗮𝘆𝗼𝗴, 𝗶𝗻 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗺𝗶𝗻𝗶𝘀𝘁𝗿𝗶𝗲𝘀 𝗼𝗳 𝗮𝘃𝗶𝗮𝘁𝗶𝗼𝗻, 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲, 𝗳𝗶𝗻𝗮𝗻𝗰𝗲, 𝗵𝗼𝗺𝗲, 𝗽𝗲𝘁𝗿𝗼𝗹𝗲𝘂𝗺 𝗮𝗻𝗱 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 𝗶𝘀 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿𝘄𝗮𝗿𝗱 𝘁𝗼 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗽𝗮𝗰𝗸𝗮𝗴𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗶𝗻𝗴 𝗺𝗼𝗻𝘁𝗵𝘀. It is aiming at regulatory relaxations, route allocation, taxation reforms on aviation turbine fuel(ATF), minimisation of procedural delays in permitting new airlines, aircrafts acquisition, improvement of customer services, easing restrictions on hiring foreign pilots, encouraging foreign investments and aligning the package with India's trade goals. 𝗜𝗻𝗱𝗶𝗮 𝗶𝘀 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱'𝘀 𝘁𝗵𝗶𝗿𝗱 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗮𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁. Fleet size doubled to 800 while domestic passenger traffic grew from 67 million to 152 million in last 10 years. The efforts by the Centre on the aviation package is expected to make India a leading aviation hub. Rishabh Kale #aviation #india #domestictraffic #internationaltraffic #growth #airlines #economy #equityresearch

Discover More at https://lnkd.in/gcY4RXWr Skyrocketing your cargo revenue is all about smart moves. 🛫 Learn how tech like AI can revamp your biz. It's not just about flying stuff from A to B; it's about flying smarter. Unlock the Full Article at https://lnkd.in/gcY4RXWr # thecargoblog.com # thecargoblog.com #TheCargoBlog #logisticssolutions #aviation #Innovation #avionics #airfreight #aircargo #airlines #customs #seafreight #customsclearance #freightforwarding #supplychain #transportation #cargo #logistics #logistic #airlines #goals #transport #import #export #freightforwarder #oceanfreight #shipping #warehousing #trucking

#India's #aircargo sector is undergoing significant transformation, marked by infrastructure expansion, technological advancements, and strategic initiatives by key industry players. => 1. Infrastructure - Expansion and Policy Initiatives Plans include the addition of 33 new domestic cargo terminals by 2025, aiming to boost the sector's capacity and efficiency. The air cargo community has set a target to handle 10 million tons of air cargo annually by 2030. => 2. Digital Transformation Notable 6,168% increase in e-bookings by Q4 2023. This shift is streamlining operations and improving service delivery. Ground Handlers such as Cargo Service Center India Private Limited take the initiative to do more for the shippers by providing real time visibility of special cargo. Adani Airport Holdings Ltd states it is gearing up to serve customers with unparalleled experience. => 3. Airlines SpiceXpress and Logistics Private Limited: SpiceJet's cargo division, SpiceXpress, has been spun off into a separate entity, to focus on dedicated cargo services. Indigo Cargo: IndiGo has inducted its first Airbus Aircraft #A321 freighter, marking its entry into dedicated cargo operations. Blue Dart Aviation Limited : continues to expand its fleet and network, maintaining its position as a leading player in India's air cargo market. The future looks bright for aviation in India with such impressive growth initiatives. Particularly impressive fact - July 2024, Indian airports reported an 18.1% increase in cargo throughput compared to the previous year, with international demand rising by 24.4%.

₹𝟯 𝗰𝗿𝗼𝗿𝗲 𝗱𝗼𝘄𝗻 𝘁𝗵𝗲 𝗱𝗿𝗮𝗶𝗻: 𝗘𝘃𝗲𝗿𝘆 𝗵𝗼𝗮𝘅 𝗯𝗼𝗺𝗯 𝘁𝗵𝗿𝗲𝗮𝘁 𝗰𝗮𝘂𝘀𝗲𝘀 𝗮𝗶𝗿𝗹𝗶𝗻𝗲𝘀 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘁𝘂𝗿𝗯𝘂𝗹𝗲𝗻𝗰𝗲 An Air India Boeing 777, loaded with approximately 130 tonnes of jet fuel, took off from Mumbai on October 14 for a 16-hour nonstop flight to New York's JFK airport. However, soon after takeoff, the airline received a bomb threat, forcing JFK-bound AI 119 to divert and prepare for landing in Delhi within two hours of departure. The event is not just a safety concern but also means a costly affair for an airline. The aircraft, which weighed between 340-350 tonnes with passengers, baggage, and cargo, faced a challenge as the maximum landing weight for a Boeing 777 is 250 tonnes. To land safely, the crew needed to jettison around 100 tonnes of fuel. “The fuel wastage cost alone works out to Rs 1 crore,” a senior pilot told TOI, explaining that at nearly Rs 1 lakh per tonne, the financial impact was significant. The overall costs escalate when additional expenses such as unexpected landing charges, hotel accommodations for over 200 passengers and crew, compensation for missed connections, grounding the aircraft for thorough checks, and arranging a fresh crew are factored in. Meanwhile, the airline also faced financial losses from the disruption of its return flight schedule. Read more at The Economic Times #AviationNews #AirlineSafety #BombThreats #AviationIndustry #AviationSecurity #AirlineChallenges #AviationRisks #AirlineCosts #FlightSafety #AviationInsights #AirlineOperations #AviationUpdates #AviationFinance #AviationEconomics #FlightDisruptions #AviationAwareness #AviationTechnology #AirTravelSafety #AirlineImpact #AviationTrends

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Rejoice! Air cargo sector as #aircargo #demand and #capacity are expected to rise in 2024 as compared to last year according to the latest predictions by IBA Group. As per its aviation intelligence platform, #IBA #Insight, #aircargo #demand will grow modestly by 5% to 258.1 billion cargo tonne kilometres. However, this will be outstripped by 8% growth in air cargo capacity to 600.3 billion air cargo tonne kilometres. This will see #cargoloadfactors continue to fall from a pandemic high of 56% in 2021 to a forecast 43% this year. In 2024, average #aircargoyields are expected to decline by approximately 18% year-over-year due to plentiful capacity but generally subdued #demand. This projection is an improvement from earlier #forecasts for the year, which had anticipated a 20% year-over-year decline in #yields. The active freighter fleet stood at 75% in June 2024, down from 85% before the pandemic in May 2019. Despite the increase in #aircargo #demand, freighter aircraft have not significantly benefitted due to growing passenger aircraft #bellyholdcapacity, leading to a greater number of #freighters being parked or stored.   Narrowbody aircraft are the primary drivers of the cargo #market'sconversion activity. From January 2024 to mid-June 2024, there have been a total of 45 narrowbody conversions, compared to 126 conversions throughout the entirety of 2023. IBA forecast narrowbody #conversion levels to normalise in 2024, aligning closer to the 80 total conversions seen in 2021 and 89 in 2022. Info Source - IBA Group To know about our customised air freighter rates, visit us at https://lnkd.in/dNCfJtE9 #cargocapacity #loadingcapacity #import #export #newfreighter #aircargo #cargomovement #freighforwarders #cargocapacity #freighter #aerospacelogistics #aircargoindustry #cargotrends #aircragoservices #freighters #freightforwarders #supplychain #logistics #aerospacelogistics #demandandsupply #airtravel #globalaircargoindustry #airfreight #markets #economy #china #aviation #transportation #supplychain #cargotrends #challenges #supplychainwoes #newyear2024 #aircargotrends #cargo #cargotrends #freightforwarding #gsa #gssa #shippers #supplychainmanagement