The global economy is growing, but growing at a lower rate than anticipated, said George Anjaparidze, senior economist, IATA who went on to cite International Monetary Fund (IMF) CEO Christine Lagarde who recently warned that the world was on the threat of entering a new phase of mediocre growth becoming the new reality. “And that’s exactly what we’re seeing,” added Anjaparidze. The advanced economies are still growing, but very slowly he noted with emerging economies growing far below their … [Read more...] about Air cargo in the ‘new mediocre’ of global economic growth
Aircraft Manufacturers
Debris found on African coast “almost certainly” from MH370, new debris found
The Australian Government has confirmed that debris recovered from Mozambique is highly likely to have come from MH370. The Minister for Infrastructure and Transport Darren Chester today advised the examination of the two pieces of debris has been completed. The Malaysian Investigation Team for MH370 has found that both pieces of debris are consistent with panels from a Malaysia Airlines B777 aircraft. The two pieces of debris were found separately by members of the public and were flown to … [Read more...] about Debris found on African coast “almost certainly” from MH370, new debris found
WCS faces up to industry challenges
“The air cargo industry has had a rollercoaster ride over the last decade. But the continued success of the World Cargo Symposium, culminating in a record attendance of over 1,100 delegates in Berlin this year, shows the commitment of the industry to share best practice and generate action plans to tackle the industry’s greatest challenges,” said Glyn Hughes, IATA’s global head of cargo. Discussions over four days at the WCS focused on the challenge of potentially disruptive new technologies … [Read more...] about WCS faces up to industry challenges
Cargo iQ phoenix rises from Cargo 2000
Hitting the ‘reset button’ nearly 20 years after the unfortunately-named cargo quality initiative - Cargo 2000 - was first created, the IATA-supported interest group with the mission of creating and implementing quality standards for the worldwide air cargo industry was officially renamed Cargo iQ at the World Cargo Symposium in Berlin. The rebrand, aside from moving away from the negative imagery of a name that suggests a 16 year lag in reaching its intended goals, is part of a much larger … [Read more...] about Cargo iQ phoenix rises from Cargo 2000
United rejigs fleet orders as it accelerates B747 retirement
United Airlines has announced it will retire its B747 fleet from scheduled service by the end of 2018. Additionally, the airline said it will be converting B787 orders originally anticipated for delivery in 2020 and beyond into four B777-300ERs and five B787-9s beginning in 2017. These conversions will accommodate the accelerated retirement of the B747s while also meeting United’s capacity needs, it said. In addition, United announced an order to purchase 25 new B737-700 aircraft which is in … [Read more...] about United rejigs fleet orders as it accelerates B747 retirement
PACAVI Group moves ahead on A320 P2F Conversion Programme
The PACAVI Group is moving forward with the supplemental type certificate (STC) development for their first-to-market Airbus A320/A321 passenger-to-freighter conversion. The PACAVI Airbus A320 Freighter LITE will carry up to 21 tonnes of cargo, flying routes of nearly 3,200 nautical miles, depending on load weight (2,300 nm at structural limit). PACAVI Group CEO Stephan Hollmann commenting on the programme’s status said: “Our STC programme, started in January 2015, is progressing on … [Read more...] about PACAVI Group moves ahead on A320 P2F Conversion Programme