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.
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 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.
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.
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 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.
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.
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.
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.