Boeing and Azerbaijan Airlines have signed an agreement to substitute two next-generation B737 airplanes for one B767-300ER (extended range) and two B767 freighters. "With its centralised geographic location, Azerbaijan is becoming a busy hub in the region between east and west and north and south," said Jahangir Askerov, president of the Baku, Azerbaijan-based carrier. "We are capitalising on this development by expanding our long-haul fleet and growing our cargo business." Azerbaijan Airlines … [Read more...] about Azerbaijan Airlines orders two B767 freighters
Aircraft Manufacturers
Cargo demand continues to recover: IATA
The International Air Transport Association (IATA) announced international scheduled traffic statistics for June which showed continued strong demand growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international scheduled freight traffic showed a healthy 26.5 per cent improvement while international passenger demand was up 11.9 per cent. International freight demand growth was down from the 34 per cent recorded in May 2010. May was … [Read more...] about Cargo demand continues to recover: IATA
Emirates adds another 30 B777-300ERs
Dubai-based Emirates placed an order with Boeing for an additional 30 B777-300ER aircraft, worth approximately US$9.1 billion at list prices. The new order adds to the fleet of 71 777-300ERs previously ordered, of which 53 aircraft are currently in service. The aircraft offers an additional cargo payload of 20.1 tonnes. “Emirates is today one of the world’s leading airlines thanks in part to the 777. Its ambitious expansion plans have established itself as a global force in the … [Read more...] about Emirates adds another 30 B777-300ERs
Boeing revises global demand outlook upward
Speaking at the Farnborough International Airshow, Boeing Commercial Airplanes president and CEO Jim Albaugh said the company is working hard to stay ahead of the competition as the market begins to rebound. Albaugh said that despite some continued uncertainties, Boeing's overall view of the market is becoming more positive as the world regains its economic footing. "The market is clearly coming back and I feel very confident about how we are positioned to regain — and retain … [Read more...] about Boeing revises global demand outlook upward
Boeing should replace 777 not 737: Analyst
Boeing’s top priority should be replacing its 777 widebody jet, not the 737 narrowbody, according to J.P. Morgan analyst Joseph Nadol who warned that Airbus’s new A350XWB widebody family, which is scheduled to enter service in 2015, already is eating into 777 sales. Nadol notes that 777 backlog peaked more than two years ago and now totals just 3.2 years' worth of production, compared with nearly five years' worth of production in the 737 backlog. “Boeing still needs … [Read more...] about Boeing should replace 777 not 737: Analyst
Father of Boeing 747′ wins Lifetime Achievement Award
Legendary Boeing aeronautical engineer Joe Sutter, credited with leading the development of the iconic 747 jetliner, has been honoured with a Lifetime Achievement Award at the recent 2010 Farnborough International Airshow. Sutter joined Boeing in 1946 as an aerodynamics specialist and worked on the Boeing 377, Dash-80, 707, 727 and 737. In 1965, he took on the role of chief project engineer of the new 747 programme, which pioneered the twin-aisle widebody concept. He subsequently contributed to … [Read more...] about Father of Boeing 747′ wins Lifetime Achievement Award
