Boeing last month introduced its latest Current Market Outlook, which forecasts a $2.8 trillion market for new commercial aircraft over the next 20 years to accommodate a forecasted 5 percent annual increase in passenger traffi c, and a 6.1 percent annual increase in air cargo traffic. The Boeing outlook forecasts a market of 28,600 new commercial airplanes (passenger and freighter) by 2026, with a much more balanced demand in aircraft by region over the forecast period. Over the next 20 … [Read more...] about AMERICA: Boeing forecasts 28,600 new planes by 2026
EUROPE: Jade Cargo hit by lack of pilots
Shenzhen-based Jade Cargo international had been forced to ground one brand new B747-400ERF due to severe pilot shortage. This was confi rmed by the carrier’s VP sales and marketing, Reto Hunziker at a recent press meeting held by the members of the Lufthansa Cargo group in Munich. “We hope to overcome this unexpected problem soon and get the freighter airborne by August or September latest,” Hunziker stated ina separate interview with Payload Asia. According to the … [Read more...] about EUROPE: Jade Cargo hit by lack of pilots
EUROPE: LinkGlobal confi rms Parchim deal
The acquisition of German regional airport Parchim is fully on schedule and will be exercised on July 1, the country’s authorities have announced. Last month, the deal became doubtful after the new owner, Beijing-based forwarding agent LinkGlobal, faced a refusal by the Chinese Government to allow the transfer of up to US$100 million, which the new owner plans to invest in Parchim over a period of fi ve years. (See also page 34 Airports) In the meantime, LinkGlobal has indicated that … [Read more...] about EUROPE: LinkGlobal confi rms Parchim deal
EUROPE: LH Cargo moves freighters to Leipzig
Come the 2007 winter fl ight schedules, Lufthansa Cargo is discontinuing its freighter fl ights into and out of Cologne. Those services will instead be operated through Leipzig-Halle Airport from 28 October 2007. The freighter fl ights are being transferred in conjunction with the opening in Leipzig of the DHL Express Europe hub. In 2008, Leipzig is scheduled to become the DHL Express central hub in its European express network. DHL Express and Lufthansa Cargo have been jointly operating a … [Read more...] about EUROPE: LH Cargo moves freighters to Leipzig
EUROPE: Cargo B Airlines appoints GSA’s
New Brussels-based all-cargo airline, Cargo B Airlines has appointed several GSAs as part of its worldwide marketing strategy, ready for the start of fl ight operations at the end of September 2007. The GSA’s include Globe Air Cargo, which will cover Germany, Poland, Switzerland and Austria, Aero Cargo International will cover France, South Africa will be handled by Express Air Services and Latin America will be represented by Aerogroup. In the coming weeks, more GSAs will be appointed … [Read more...] about EUROPE: Cargo B Airlines appoints GSA’s
EUROPE: DHL, LH Cargo to form new airline
Lufthansa Cargo and Deutsche Post subsidiary DHL are on the brink of founding a new cargo airline. The provisional name of the project, that has been secretly discussed between both enterprises since a number of months,is “NewCo” (New Company). According to internal sources it will be a 50/50 joint venture, headed by Lufthansa Cargo manager Thomas Papke and starting operations from 2009 onwards. By then the fi rst freighters of a fl eet of ten aircraft are expected to be … [Read more...] about EUROPE: DHL, LH Cargo to form new airline
