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IATA confirms healthy airfreight growth for November

Cargo Plane The results are in for November and, as expected, IATA reported that growth in the airfreight industry picked up substantially with the move into peak season, with freight tonne kilometres (FTKs) increasing by 8.8 percent, year-over-year, for the month. While growth remains healthy, and November significantly outperformed October’s still-impressive 5.9

Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Seoul (Reuters) - South Korea’s Hyundai Motor Co said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives

Air Namibia Achieves Average Load Factor of 73 Percent During Festive Season

Windhoek (New Era) — An expected slowdown in corporate travellers during the festive season still saw Air Namibia achieve an average load factor of 73 percent on all its flights, domestically, regionally and internationally, which the national carrier describes as a satisfactory performance. Air Namibia's most popular domestic destinations during the

Errant Bus Drivers Face Sanctions in Tanzania

The Surface and Marine Transport Regulatory Authority (Sumatra) on Monday started a special operation to punish commuter bus operators who ignore hygienic issues as per the authority's directives. The directives include appearing in proper uniforms and shoes which drivers must wear in order to control motor vehicles properly, said the Authority's

Air Cargo: Ethiopian Airlines to lease first 2 AEI 737-800 P2F freighters from GECAS

Ethiopian Airlines' 737-800 freighter Ethiopian Cargo, the cargo division of the Ethiopian Airlines Group, will lease the first two 737-800 freighters converted by Aeronautical Engineers, Inc. (AEI), from aviation leasing and financing company GECAS. The first delivery is set for June 2018, followed by a second in January 2019. The initial two

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