Data provider TAC Index highlighted in its latest weekly market report that the Baltic Air Freight Index jumped 3.5 per cent in the week ending March 6.

Sutch served as CMA CGM Air Cargo’s Chief Commercial Officer based in Marseille. Before that, he worked with Cathay Pacific Airways for five years in Mumbai.

The airline partnered with the IT firm, CargoAi, to use the latter’s CargoGATE solution to launch its e-booking platform by mid-2023.

The Association announced last week that new incentives, investment programmes are needed to meet Sustainable Aviation Fuel production and usage targets.

Sumita Dawra, Special Secretary, Logistics Division, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, delivered the inaugural address.

The move aims to strengthen the company’s position in Contract Logistics and facilitate synergies with the express logistics division under Gati.