Hindustan Aeronautics Limited hasentered into a $700 million joint ventureagreement with Irkut Corporationof Russia for manufacturing 60 tonnemulti role transport aircraft (MRTA)the Economic Times reported. Under this 50:50 venture, IlyushinDesign Bureau of Russia will design theMRTA and Irkut Corporation of Russiawill develop the aircraft. Series production of the MRTAaircraft will be carried out by thetransport aircraft division of HAL atKanpur. Initially HAL plans to developthe MRTA as … [Read more...] about HAL forms JV with Irkut Corp
CARGO 2000, IATA in e-freight pact
IATA e-freight and Cargo 2000 saidthey have committed to work togetheron common industry process and standards,built on a unified campaign todrive quality and complete industry coveragefor electronic data interchange. IATA e-freight and Cargo 2000 aresignificant industry initiatives withinthe IATA Cargo agenda, aimed at simplifyingthe business of air cargo. IATAe-freight focuses on process simplicityand efficiency, and Cargo 2000 (aninterest group of IATA) focuses onprocess quality and … [Read more...] about CARGO 2000, IATA in e-freight pact
MAE to convert 87 757’s for FedEx.
ST Mobile Aerospace Engineering(MAE), the US subsidiary of Singapore-based ST Technologies Aerospace,has signed a massive Passenger-To-Freighter (PTF) conversion contractof 87 B757-200s with FedEx Express.Commencing in 2007, the contract isfor 87 aircraft. The contract follows last year's decisionby FedEx to acquire around 90of this type to replace its ageing Boeing727-200 fleet. ST Aero presidentTay Kok Khiang put the value of thecontract at $450-$470 million over theseven-year life of the … [Read more...] about MAE to convert 87 757’s for FedEx.
Airbus confirms orders for A330-200F
Airbus has been given the go-aheadfor the industrial launch of the A330-200 Freighter and confirmed that GuggenheimAviation Partners, FlyingtonFreighters and Intrepid Leasing havesigned orders for a total of 32 AirbusA330-200 Freighters. US-based Guggenheim AviationPartners acting on behalf of one ofits investment funds, is the launchcustomer for the A330-200F. The company has signed a contractfor six of the new 60 plus-tonne freighters,converting a Letter of Intent signedin October … [Read more...] about Airbus confirms orders for A330-200F
Pemco inks Bluebird Cargo contract
US-based freighter conversionspecialist, Pemco Aviation Group hasannounced that its subsidiary, PemcoWorld Air Services has signed a newcontract with Iceland-based BluebirdCargo to convert two B737-400s tofreighter configuration. The work willtake place at the STAECO facility inJinan, China following Pemco's 2005partnership agreement with Taikoo(Xiamen) Aircraft Engineering Company(TAECO) and Taikoo (Shandong)Aircraft Engineering Company(STAECO). … [Read more...] about Pemco inks Bluebird Cargo contract
Aramex invests in wireless system
Aramex has implemented a newUS$1.5 million wireless system thatenables its ground couriers to transmitcollection and delivery information inreal-time through new mobile handheldscanners. Aramex ground couriers in theGulf countries, in addition to Jordanand Lebanon, now use these devices.The new system enables immediatereporting, providing Aramex customerswith up-to-the-minute informationon the delivery and collection of theirshipments. Aramex plans a phased rollout of thenew ground courier … [Read more...] about Aramex invests in wireless system