FedEx may be on the verge of a US$10 billion order for 50 or more B767-300Fs and up to 10 B777Fs worth another $3.2 billion at list prices, according to a report in Leeham News and Comment citing "Market Intelligence". The US-based integrator currently operates a fleet of approximately 374 widebody aircraft including 94 A300/310s, 112 B757-200s, 121 ageing MD-10/11s, 22 B767-300s with another 31 on order and 25 B777-200Fs with another 18 on order. A decision on the massive order is … [Read more...] about FedEx may place $13 billion aircraft order
Aircraft Manufacturers
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
Modal shift to sea is reversing says Drewry
An ongoing reversal of the much discussed modal shift from air to sea will continue despite the recovery of port operations on the US West Coast following the crippling strike last year, according to the latest report from Drewry Shipping Consultants. The damage done to supply chains ahead of the Thanksgiving and Christmas peaks last year has apparently left a lingering bad taste in the mouths of shippers in some high-value sectors. “As port operations improve on the US West … [Read more...] about Modal shift to sea is reversing says Drewry
SIA in talks to revive world’s longest flight
Singapore Airlines is in discussions with Airbus and Boeing to revive its 19-hour flight from Singapore to New York, according to Bloomberg. When it was offered, this 9,000 nautical mile direct flight between Newark Liberty International Airport and Changi Airport was the longest commercial flight in the world. The carrier discontinued its nonstop service between Singapore and New York back in 2013 because it was not profitable. After this change, the … [Read more...] about SIA in talks to revive world’s longest flight
SIA in talks to revive world’s longest flight
Singapore Airlines is in discussions with Airbus and Boeing to revive its 19-hour flight from Singapore to New York, according to Bloomberg. When it was offered, this 9,000 nautical mile direct flight between Newark Liberty International Airport and Changi Airport was the longest commercial flight in the world. The carrier discontinued its nonstop service between Singapore and New York back in 2013 because it was not profitable. After this change, the … [Read more...] about SIA in talks to revive world’s longest flight