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Spicejet reported EBITDA profit of %u20B9225.8 crore for the year ending March 2021 against a loss of %u20B976.5 crore in the previous year

SpiceJet reports cargo revenue of 1,117 cr, profit of 130 cr in FY21

1 July 2021 12:34 PM IST

July 1, 2021: On a segment basis Spicejet’s revenue from cargo operations increased by 518 percent aggregating to ₹1,117.5 crore for FY2021 with...

New investors Fidelity, Intercorp, Emerging Capital Partners and Reinvent Capital participated in the round alongside existing investors including Baillie Gifford, Temasek, and Katalyst Ventures.

Zipline raises $250 mn; plans to advance service, expand geography

30 Jun 2021 8:48 PM IST

June 30, 2021: Zipline, which designs, manufactures and operates the world's largest automated on-demand delivery service, today announced $250...

Due to the sharp drop in passenger volumes, BLR Airport has suffered a significant decline in revenue.

BLR Airport handles 326,643 MT cargo in FY 2020-21, 12% YoY decrease

26 Jun 2021 12:06 PM IST

June 26, 2021: Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) handled 326,643 metric tonnes (MT) in FY2019-20, 12.70 percent short of...

Air and sea freight rates remain at record levels and are highly volatile following the disruption of the pandemic resulting in a capacity crunch and swings in volumes

Freight forwarding market to grow 11% in 2021, 5% CAGR till 2025

23 Jun 2021 10:38 AM IST

June 23, 2021: Transport Intelligence’s (Ti), latest report, Global Freight Forwarding 2021, shows the post-Covid-19 global forwarding market is...

The RLP-size fits 3-euro pallets (or 2-US pallets) and fills a gap between the larger RAP-size and the smaller RKN-size allowing for increase efficiency by mixing and matching sizes based on shipment volume. (Photo: Envirotainer)

Emirates, Cathay Pacific approve Envirotainer Releye RLP container

21 Jun 2021 2:50 PM IST

June 21, 2021: The cold chain solutions provider for air transportation of pharmaceuticals, Envirotainer, today announced that Emirates SkyCargo, the...

SpiceJet collaborates with World Economic Forum for %u2018Clean Skies for Tomorrow%u2019 project

SpiceJet unveils blueprint for sustainable aviation fuel initiative in India

18 Jun 2021 10:50 AM IST

June 18, 2021: In line with its ambitious target to fly 100 million domestic passengers on Sustainable Aviation Fuel (SAF) blend by 2030, SpiceJet,...