Global air cargo tonnages have held firm in the first full week of September, after dropping -3% at the end of August and in the first few days of September, while average rates continue to hover at around the same level they have since mid July – between US$2.26 and $2.29 per kilo, according to […]
Air cargo trends show stable start to September Read More »
US carriers like American Airlines and Frontier Airlines, have cut their third-quarter margin forecasts on higher fuel costs, which has negatively affected share prices of other American carriers over concerns in relation to increasing expenses. US carriers have already forewarned of headwinds related to surging fuel costs for this quarter, with oil prices rising due
US carriers cut third-quarter margin forecasts Read More »
Some 5.9 million passengers used Frankfurt Airport (FRA) in August 2023. This represented growth of almost 13% compared with the same month in 2022. However, the passenger figures for August 2023 were still 15.3% behind those reached in pre-pandemic August 2019. During the school vacations in the state of Hesse (in the period from July
Total passenger numbers across Fraport Group up 9% Read More »
Boeing has projected that intra-African passenger traffic will more than quadruple in the next twenty years, placing the continent’s growth among the highest globally. To support this, 1,025 new airplanes will be needed over the next two decades. Overall African air traffic growth is forecast at 7.4%, the third highest among global regions and above
Boeing forecasts intra-African passenger traffic to quadruple in next twenty years Read More »
Hellios Information and BAE Systems have launched the collaborative decarbonisation programme JOSCAR Zero, to help aerospace and defence companies and their suppliers calculate and reduce their Scope 3 carbon emissions. JOSCAR Zero collects, measures and identifies how carbon emissions can be reduced across supply chains. It builds on the existing JOSCAR system, a collaborative tool
Hellios and BAE Systems unveil JOSCAR Zero Read More »
Falko Regional Aircraft Limited (Falko) has completed the delivery of two Embraer E190 aircraft bearing MSNs 19000147 and 19000150, respectively, on lease to South African carrier Airlink. The aircraft were delivered to Airlink following the re-delivery from the previous lessee, Azul. “Airlink is proud to have received these two Embraer E190 aircraft from Falko. These
Falko completes sale of two Embraer E190 jets to Airlink Read More »
Airbus Defence and Space has officially handed over in fly-away condition the first of 56 C295 aircraft to the Indian Air Force (IAF) to begin replacing its ageing Avros-748 fleet. The C295, in transport configuration and with an indigenous electronic warfare suite, will leave Airbus’ production site in Seville, Spain, for Delhi, India, in the next
India takes delivery of first C295 aircraft Read More »
Boeing Co. has confirmed it managed to deliver only 35 jets for the month of August and in total 344 planes to customers for the first eight months of the year. This is in comparison to Airbus, Boeing’s European rival, which delivered 52 aircraft in August and 422 for the first eight months of the
Problems correcting manufacturing defect sees Boeing deliveries fall Read More »
At the Defence and Security Equipment International (DSEI) exhibition, Lockheed Martin has announced its intention to participate in the UK Ministry of Defence’s (MOD) New Medium Helicopter (NMH) requirement. It outlined its team of UK partners and the benefits of choosing the advanced, Sikorsky Black Hawk® helicopter to replace the UK’s aging mixed medium helicopter
Lockheed Martin UK launches team Black Hawk Read More »
Airbus Helicopters and PHI Group (PHI) have signed a framework agreement that includes commitments for 20 super-medium H175 helicopters and eight H160s to serve the energy market worldwide, including in the US. These 28 state-of-the-art helicopters will better position PHI to respond to the energy market’s expected growing offshore transportation needs.These commitments are composed of
Airbus Helicopters and PHI sign agreement for 28 state-of-the-art helicopters Read More »
