Despite indicators intimating that, with a 5.8% annual growth in October 2017, air cargo had passed a cyclical growth peak, global air freight climbed 8.8% in November, compared to November the previous year, in freight tonne kilometers (FTKs). In addition, for the 16th consecutive month, in November demand growth outstripped capacity growth with freight capacity, …
IATA Data Shows Air Freight Demand for November up 8.8% Read More »
Eric Chen, previously President of Airbus Commercial Aircraft China, succeeds Laurence Barron as Chairman of Airbus China. Simultaneously, George Xu has been appointed CEO of Airbus China. In his role as country head of Airbus China, Xu is responsible for all Airbus commercial aircraft activities and for leading the company’s helicopter, defence and space businesses …
Eric Chen becomes Chairman and George Xu CEO of Airbus China Read More »
Ethiopian Airlines will launch direct three-times weekly service to Geneva, Switzerland on June 3, 2018. Hosting the highest number of international organizations in the world including the headquarters of many of the agencies of the United Nations and the Red Cross, Geneva is a global city and center for diplomacy. The route will be operated …
Ethiopian Airlines to debut flights to Geneva, Switzerland Read More »
HAECO Xiamen has redelivered YTO Cargo Airlines’ first Boeing 757-200 converted freighter with Supplemental Type Certificate (STC) partner Precision Aircraft Solutions. HAECO Xiamen has partnered with Precision on the Boeing 757-200 passenger-to-freighter conversion since 2010, having completed 18 such converted freighters.
Falko Regional Aircraft (Falko), an aircraft operating leasing and asset management company focused on the regional aircraft sector, has added ten ATR 72-500 aircraft to its portfolio. The aircraft will be operated by PT Wings Abadi, the regional airline part of the Lion Air Group (Lion) in Indonesia. “We are delighted to have completed this …
In December 2017, the airlines of the Lufthansa Group welcomed around 9.3 million passengers. This shows an increase of 19.9% compared to the previous year. Traffic was up 14.2% over the previous year, at the same time, sales increased by 15.9%. The seat load factor improved accordingly, rising 1.1 points compared to December 2016 to …
Lufthansa Group Airlines welcome 9.3 million passengers in December 2017 Read More »
Finnair has announced the opening of a new winter route to Lyon, France, for the 2018/2019 winter season. Known for its gastronomy, historical landmarks and its proximity to the French Alps, Lyon is the second largest metropolitan area in France. As of December 11, Finnair will fly two weekly flights to Lyon from its Helsinki …
CFM International has finalized the agreement with Spring Airlines for the purchase of 120 LEAP-1A engines to power 60 Airbus A320neo aircraft. The agreement was signed in conjunction with French President Emmanuel Macron’s visit to China. In addition, the airline signed a 10-year Rate for Flight Hour agreement, under the terms of which CFM will …
The International Society of Transport Aircraft Trading (lSTAT) is announcing the appointment of Jeff Straebler as Executive Director of the ISTAT Appraisers’ Program (IAP), the certification and continuing education program for airline transport aircraft appraisal professionals. This new dedicated full-time role was deemed essential by the ISTAT Board of Directors given the nearly 70% increase …
Jeff Straebler named executive Director of ISTAT Appraiser's Program Read More »
Boeing and Turkish Airlines have signed an order for three more 777 Freighters in December 2017, just weeks after the carrier took delivery of two of the large cargo jets as part of its plan to further expand its freight business. “These freighter orders will surely contribute to our significant target for establishing a young …
Turkish Airlines orders three more 777 Freighters Read More »
