GMR Cargo and Logistics (GCLL), a fully owned subsidiary of GMR Airports, announced on November 26 that it has successfully raised a long-term rupee loan of up to ₹750 crore from Axis Bank. According to the company's regulatory filing, the newly acquired funds are for the development of a portion of the cargo city project at Delhi International Airport.

#gmr #gmrgroup #gcll #aviation #aircargohub #delhiairport

GMR Cargo and Logistics secures ₹750 cr loan for Delhi Airport Cargo City
www.itln.in

GMR Cargo and Logistics secures ₹750 cr loan for Delhi Airport Cargo City

The company provided Axis Bank with a sponsor support undertaking (SSU) and a pledge or a combination, covering 51% of its GCLL shares.

Emirates and ENOC Group have announced the signing of a Memorandum of Understanding (MoU) to explore and develop joint initiatives for the supply of Sustainable Aviation Fuel (SAF) to Emirates at its Dubai hub.

#emirates #enocgroup #dubai #memorandumofunderstanding #sustainableaviationfuel #saf #aviation

Emirates and ENOC agree to explore SAF supply options
www.itln.in

Emirates and ENOC agree to explore SAF supply options

The MoU sets a framework for studies to assess SAF supply options in Dubai, including infrastructure, production, and viability.

FedEx Corp. released its 2025 Global Economic Impact Report today (November 4, 2025), outlining how the company contributed $126 billion in direct and indirect economic activity worldwide during fiscal year 2025.

#fedex #economicimpact #india #meisa #innovation #ai #trade #logistics #aviation

FedEx reports $1.6 billion economic impact in MEISA for FY25
www.stattimes.com

FedEx reports $1.6 billion economic impact in MEISA for FY25

The report highlighted FedEx’s efforts to optimise its operations under a unified global network model.

Global airlines are heading for a loss exceeding US$11 billion in 2025, due to widespread supply chain disruptions that are delaying new aircraft deliveries and grounding existing fleets.

#globalairlines #iata #supplychain #jetfuel #aviation

Global airlines face $11 billion supply chain hit in 2025: IATA
www.itln.in

Global airlines face $11 billion supply chain hit in 2025: IATA

Grounded aircraft, delayed deliveries, and escalating maintenance and leasing costs are increasing the cost of operations for global airlines.

Squair India, the Mumbai-based subsidiary of Squair specialising in AWB data capture services for airlines, has opened a new office in Andheri East, Mumbai, following rapid growth in its workforce.

#squair #squairindia #andherieast #mumbai #workforce #aviation #mumbaiaircargo #awbdatacapture #airlineservices #cargooperationsindia #squairofficeexpansion #airwaybillprocessing

Squair India opens new Mumbai office as workforce and services grow
www.stattimes.com

Squair India opens new Mumbai office as workforce and services grow

The team currently processes an average of 45,000 AWBs per month for GSAs and global partners.