Cargo Breaking News - December 29, 2023
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Road Ministry seeks 25% hike in Budget FY25 allocation
In a strategic move to propel infrastructure development and minimize market borrowings for the National Highways Authority of India (NHAI), the Ministry of Road Transport & Highways - India and Highways has sought a 25 per cent increase in budgetary allocation for the year 2024-25.
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Emirates SkyCargo outperforms, records 7% rise Y-o-Y
Emirates SkyCargo has made significant leaps towards its long-term strategic growth plans to double capacity in the next decade, and further cement its leading position in global air logistics.
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AviLease MoU strengthens relationship with JV partner SDH Wings
AviLease has signed a strategic MOU with SDH Wings International Leasing Limited for the supply of up to 20 predominantly new technology aircraft. As part of this agreement, AviLease and SDH Wings have already identified the first 5 new technology narrowbody aircraft from AviLease’s owned portfolio that are now under LOI.
Thai AirAsia X, Unilode extend ULD management partnership until 2029Unilode Aviation Solutions and Thai AirAsia X have announced the early extension of their full-service ULD management partnership until 2029. Thai AirAsia X awarded the full-service management of its ULD fleet to Unilode in 2014.