thyssenkrupp Aerospace expands partnership with Rolls-Royce

September 10, 2021

thyssenkrupp Aerospace has signed a 15-year contract with Rolls-Royce to manage the storage and logistics of all finished parts for its engine manufacturing and assembly operations in Indianapolis, Ind. The third-party logistics (3PL) contract includes inventory management, as well as kitting, inspection, and transportation services. thyssenkrupp Aerospace already provides vendor-managed inventory services for a portion

U.S. court rules Boeing board to face shareholder lawsuit over two fatal 737 MAX crashes

September 9, 2021

A Delaware, U.S. judge has ruled that certain shareholder claims against Boeing can be pursued, while dismissing others, in relation to the two 737 MAX crashes which killed 346 passengers and crew. In the ruling in the Court of Chancery, Vice Chancellor Morgan Zurn said that the first of the two crashes was a “red

Negotiations on new 737 order end after Ryanair and Boeing reach pricing stalemate

September 7, 2021

After months of heavy negotiations, Irish low-cost carrier and one of Boing’s largest customers, Ryanair, has walked away from the table without placing a new order which was projected to be in the order of 250 of the 230-seat 737 MAX 10 model. The deal would have been worth approximately US$33 billion before any anticipated

GEODIS in Hong Kong unlocks priority customs facilitation and inspection with AEO Accreditation

September 7, 2021

GEODIS has announced that its division in Hong Kong has been accredited as an Authorized Economic Operator (AEO) by the Hong Kong Customs and Excise Department. AEO status recognizes excellent security and safety procedures amongst those within the supply chain industry. With the accreditation, GEODIS will now now be given access to priority customs facilitation

Air Malta and Network Airline Services extend Total Cargo Management Agreement

September 7, 2021

Air Malta and Network Airline Services (NAS) have extended their Total Cargo Management (TCM) Agreement for a further two years. Whilst NAS has provided a TCM solution to Air Malta over the last few years, it has assisted the airline to vastly expand its cargo business as well as establishing itself in the global air

IATA warns of continued risks as air cargo has solid month in July

September 6, 2021

The International Air Transport Association (IATA) has released figures for the air cargo industry for the month of July with demand in cargo ton kilometre (CTK) terms increasing by 8.6% compared with the same month in 2019 (pre-COVID levels.) Capacity in available CTK in July was down 10.3% compared to the same period in 2019.

IATA blames government restrictions for failure in recovery of international travel

September 3, 2021

Willie Walsh, Director General, International Air Transport Association, has identified governments’ refusal to allow unrestricted travel, particularly for those passengers who are fully vaccinated. Commenting on travel demand for the month of July, 2021, Walsh said: “July results reflect people’s eagerness to travel during the Northern Hemisphere summer. Domestic traffic was back to 85% of

GA Telesis awarded ISO 14001 Certification for environmental management

September 3, 2021

GA Telesis, (GAT) has been awarded ISO 14001 certification reflecting the company’s recognition of environmental sustainability and commitment to compliance with all relevant necessary regulations at GA Telesis facilities around the globe. The certification process follows standards set by the ISO – the International Organization for Standardization – to reduce the effect of global warming

Ethiopian Airlines and Boeing will establish a joint venture

Boeing and Ethiopian Airlines sign MoU to position Ethiopia as aviation hub for Africa

August 31, 2021

Boeing and Ethiopian Airlines Group (Ethiopian) have signed a memorandum of understanding (MoU) that aims to position Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”. The intention is to create a world-class aviation partnership, and to achieve their shared vision, there will be four areas of strategic collaboration: Industrial Development, Advanced Aviation Training, Educational

Embraer opens new office in Hungary

August 30, 2021

Embraer has announced the opening of a new office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe. “Embraer is keen to increase its presence

Other News

thyssenkrupp Aerospace expands partnership with Rolls-Royce

U.S. court rules Boeing board to face shareholder lawsuit over two fatal 737 MAX crashes

Negotiations on new 737 order end after Ryanair and Boeing reach pricing stalemate

GEODIS in Hong Kong unlocks priority customs facilitation and inspection with AEO Accreditation

Air Malta and Network Airline Services extend Total Cargo Management Agreement

IATA warns of continued risks as air cargo has solid month in July

IATA blames government restrictions for failure in recovery of international travel

GA Telesis awarded ISO 14001 Certification for environmental management

Boeing and Ethiopian Airlines sign MoU to position Ethiopia as aviation hub for Africa

Embraer opens new office in Hungary

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