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Think Tank
Air Cargo: Page 47
Air Cargo Flies High As E.U. Airports Post Bumper Numbers
Starting with the latest numbers from IATA, which wrap up the reporting on November's performance, the upward trend in air cargo has been confirmed once again. Global airfreight markets registered high demand, measured in freight tonne kilometers (FTKs), that rose by 6.8 percent in November 2016, compared to the same month in the previous year.
American Airlines Cargo To Begin Daily Widebody Service
Starting April 4, 2017, American Airlines will begin daily, nonstop widebody service between San Juan Luis Muñoz Marín Airport (SJU) and Philadelphia International Airport (PHL), home of American Airlines Cargo's 25,000-square-foot pharmaceutical facility, the airline announced. The daily Airbus A330-200 widebody route will be in addition to the current two daily narrow-body flights.
Airbus CEO Hopes For Smoother Production Flow In 2017
Airbus is expecting a smoother flow of aircraft production in 2017, the plane maker's chief executive says, after the company reported a record number of deliveries in December.
Don't Miss IATA's New Dangerous Goods Regulations
Businesses need and want predictability - particularly when it comes to government regulations. So the fact that the International Civil Aviation Organization (ICAO) updates its Technical Instructions for the Safe Transport of Dangerous Goods every two years is both a blessing and a curse. A blessing because industry knows the changes that are coming, and a curse because there are changes coming.
November 2016 Sees Strongest Air Cargo Growth Since 2009
Dutch market research firm WorldACD has released strong monthly results for late 2016, calling the most recent peak season the most robust since 2009. November U.S.-dollar yields improved by 3.9 percent over the previous month while volumes increased by 6.9 percent, year-over-year (y-o-y), WorldACD reported.
Amazon Patents Flying Warehouse
Amazon has filed a patent for a flying warehouse that would deliver packages using a fleet of drones. The "airborne fulfilment centre", patented in the U.S., would consist of a giant airship that remains at high altitude while drones collect packages from it to deliver to locations on the ground.
Delta Cancels Order for 18 Dreamliners
Boeing Commercial Airplanes has settled terms with Delta Air after the carrier cancelled an order for 18 Boeing 787-9 Dreamliner jets, a contract worth $4bn at current list prices.
IATA Study: Air Connectivity Improves Trade by 6-to-1 Ratio
The more connected you are with the world, the greater your ability to engage in trade - by a factor of 6 to 1. Those are the findings of a recent study released by The International Air Transport Association (IATA), which made a quantitative link between a country's air cargo connectivity and global trade.
Europe's Big Airlines Are Nowhere Near as Profitable as U.S. Rivals, Data Show
On the surface, the European airline industry doesn't look much changed from 20 years ago: National flag carriers such as Air France, British Airways, Iberia, KLM and Lufthansa dominate a handful of giant hub airports. Dig a bit deeper, and you'll see that the market has shifted in a big way. Over the past decade or so, 10 legacy airlines across the region have combined into three huge groups, a consolidation that makes the market look a lot like the U.S.
Miami Airport Announces New Freighter Services, Plans to Double Cargo Capacity
As it continues infrastructure upgrades, Miami International Airport (MIA) has announced further growth in its freighter service with the addition of two weekly roundtrip flights on a triangular route between MIA, Mexico City and Mérida via AeroUnion.
GE Aviation, Lufthansa Technik Starting MRO Venture
GE Aviation and Lufthansa Technik AG have chosen a site in southwestern Poland for their joint-venture maintenance, repair, and overhaul (MRO) center, to service GEnx-2B and GE9X engines. The reported $267m development, to be in operation by September 2018, will be known as XEOS, and will employ 500 at full capability.
Hong Kong's Premier Air Cargo Handler Sees Potential in Northeastern China
Shenyang Airport sees promising potential in northeastern China, not far from the border with North Korea. In September, Hong Kong Air Cargo Terminals Ltd. (Hactl) subsidiary Hactl Development Holdings signed a strategic cooperation framework agreement with Liaoning Airport Management Group, owner of Shenyang Taoxian International Airport, in what both parties described as "a first step in developing the airport as a major regional hub."
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