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AVIATION-
Indian airline IndiGo will lease five Boeing 737 Max aircraft from Qatar Airways for six months to meet summer season travel demands, India’s Economic Times reports. The proposed agreement is for a damp lease, under which Qatar Airways would provide maintenance and cabin crew along with the aircraft. IndiGo is grounding around 30 Airbus A320 Neo aircrafts between January and March 2024 due to engine recalls for inspection by engine manufacturer Pratt and Whitney, according to a statement.
LOGISTICS HANDLING-
Landmark Group + Addverb partner to automate Kuwait fulfillment center: Dubai-based GCC retail and e-commerce conglomerate Landmark Group has kicked off a strategic partnership with Indian robotics outfit Addverb Technologies to revamp its fulfillment center in Kuwait, according to a press release. The upgraded center now features Addverb’s Zippy robotic sorters which process some 1k sorts per hour and Quadron carton shuttles which handle 100 crates an hour each. The upgrade is slated to increase operational efficiency at the fulfillment center and boost customer satisfaction by improving order delivery speed and accuracy, the statement said.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Moody’s upgrades rating for Nakilat:Moody’s has upgraded its credit rating for Qatari shipping and maritime company Nakilat, with senior secured notes raised from to Aa3 from Aa1 and subordinated debts to A1 from A2. (Statement)
- AD Ports to introduce electric freight vehicles: AD Ports is looking to introduce the UAE’s first electric freight vehicle at Khalifa Port Autoterminal Station. (Statement)
- Iran boosts railway fleet:Iran has introduced 685 new domestically-made and renovated freight and passenger wagons into its countrywide railway network. (IRNA)
