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.
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 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.
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."
Half a decade after American Airlines filed for bankruptcy and workers were forced to take massive cuts to keep their positions, many U.S.-based airlines are posting record profits. The turn in fortunes is now turning up the heat on carriers to heed the demands of workers seeking compensatory treatment after years of sacrifice. One by one, carriers seem to be responding.
American Airlines announced the launch of a 787-9 service between Dallas/Fort Worth (DFW) and Madrid Barajas (MAD) in Spain. The widebody jet provides capacity for up to 36 LD3 positions, or 12 pallets.
The rise of 3D printing doesn't spell serious trouble for mass-production, but spare-parts logistics may potentially transform the supply chain, according to the latest DHL trend report: "3D Printing and the Future of Supply Chains." Instead, the DHL study said it anticipates that 3D printing will fulfill a "complementary" role to manufacturing, as it grows to an estimated $490bn by 2025.
The latest news, analysis, services and systems regarding air cargo and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through air cargo solutions. New technologies that provide information during air shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As air cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using air cargo solutions to power their supply chains.
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