AVIATION-
#1- DAE + Eastar Jet ink lease agreements: Dubai Aerospace Enterprise (DAE) signed lease agreements with South Korea’s Eastar Jet for three new Boeing 737-8 aircraft, according to a press release. The aircrafts are scheduled for delivery in mid-2025 and 1Q of 2026.
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DAE is on a roll: DAE inked a lease agreement on Monday with China’s Hainan Airlines for four Boeing 737-8, scheduled for delivery in Q4 2025 and 1Q 2026.
#2- Umm Al Qaiwain is stepping up its logistics game: Umm Al Quwain Crown Prince Sheikh Rashid bin Saud bin Rashid Al Mu’alla announced the establishment of a Logistics City and a Cargo Airport during the UAE Government Annual Meetings 2024, Wam reports.
SHIPPING + MARITIME-
SCA + ICS continue cooperation: The Suez Canal Authority (SCA) inked an MoU to continue cooperation with the International Chamber of Shipping (ICS), according to a statement. The agreement aims to facilitate the exchange of information and expertise as well as promote the maritime and logistics services offered by the authority to its clients. It also aims to monitor developments in the canal’s navigational channel projects, oversee the authority’s marketing and pricing strategies, and explore measures to improve navigational safety.
TRADE
Dubai Customs partnered with DP World to overhaul its customs systems by upgrading the implemented digital trade and logistics solutions, according to the Dubai Media Office. The move seeks to streamline customs procedures for businesses in Dubai and facilitate cross-border trade.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Emirates brings back Edinburgh flights: Emirates has brought back daily flights to Scotland’s capital Edinburgh on 5 November for the first time since 2020. (Statement)
- Mawani adds new MSC shipping service: The Saudi Ports Authority (Mawani) added a new shipping service by MSC — dubbed the Turkey to Red Sea Express Service — connecting Jeddah Islamic Port with key ports in Turkey and Jordan with a 6k TEU capacity. (Statement)
- Qatar Airways + CargoFlash to expand in India: CargoFlash’s Octoloop digital booking platform, in cooperation with Qatar Airways, is expanding its network to include 10 new Indian cities. (Air Cargo Week)
- Egypt + Italy to launch Ro-Ro line: The Egyptian Industry and Transport Ministry is launching a Ro-Ro line between Egypt’s Damietta Port and Italy’s Trieste Port on 29 November. (Statement)