10 January 2018

IATA Data Shows Air Freight Demand for November up 8.8%

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, …

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Eric Chen becomes Chairman and George Xu CEO of Airbus China

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 …

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Ethiopian Airlines to debut flights to Geneva, Switzerland

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 …

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Lufthansa Group Airlines welcome 9.3 million passengers in December 2017

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 …

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Jeff Straebler named executive Director of ISTAT Appraiser's Program

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 …

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