U.S. durable goods orders rebounded strongly in October, surging past expectations amid increased demand for aircraft and other transportation machinery. The Commerce Department said orders for items meant to last three years increased $11bn, or 4.8 percent, to $239.4bn last month, following a downwardly revised 0.4 percent drop in September. Economists had predicted a 1.7 percent gain.
Just when the industry thought the sun might be setting on Boeing's workhorse jet, the aviation giant announced a firm order for fourteen 747-8Fs, plus options for up to 14 more, from express giant UPS. The announcement is being seen as a possible game-changer for the jumbo freighter, which, until last week, had only had enough orders in the pipeline to continue production through 2019, according to estimates.
A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.
Ten years ago this September Airbus's first A380 superjumbo, laden with passengers, took to the skies over Toulouse. Airbus's bosses said they hoped that the world's largest jetliner, the first with two full decks, would help the European planemaker get even with its American rival, Boeing. But problems quickly mounted.
This week, the world's largest exercise for unmanned vehicles in the marine environment begins in waters off north-west Scotland, according to the United States Navy's Office of Naval Research.
The International Civil Aviation Organisation (ICAO), a United Nations agency, has announced a framework for mandatory carbon-offsetting on all international flights. The agreement was backed by 65 countries, which between them account for 86.5 percent of international flight operations.
Aman Aviation & Aerospace Solutions, an Indian aviation maintenance, repair and overhaul company, is using an ultrahigh-frequency (UHF) RFID solution from Dolphin RFID to track the work it provides to customers of its aircraft components. The company is also serving as a reseller for Dolphin RFID's solution so that Aman Aviation's customers can utilize the RFID tags for their own in-house inspections or inventory management.
The global machining centers market in automotive, aerospace, metal fabrication and other verticals is expected to grow at a CAGR of close to 6 percent during the period 2016-2020, according to a Technavio report.
The aerospace and defense supply chain is under pressure. According to FinancialTimes.com, in 2020, Boeing and Airbus are expected to deliver more than 1,800 passenger jets, a 45 percent increase over 2013.
The latest supply-chain news, analysis, trends and tools for executives in the aerospace and defense industry. Learn how aerospace and defense companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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