HNA Group and Rolls-Royce have signed a contract for Trent 700EP engines to power Hong Kong Airlines' new fleet of 20 Airbus A330s. The value of the contract, including a long-term services agreement, is approximately US$1.2 billion at list prices. A Memorandum of Understanding (MoU) outlining the contract was announced in January 2008. The airline will take delivery of its first A330 aircraft in 2010. … [Read more...] about Trent 700s for HK Air’s A330s
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Trent 700s for HK Air's A330s
HNA Group and Rolls-Royce have signed a contract for Trent 700EP engines to power Hong Kong Airlines' new fleet of 20 Airbus A330s. The value of the contract, including a long-term services agreement, is approximately US$1.2 billion at list prices. A Memorandum of Understanding (MoU) outlining the contract was announced in January 2008. The airline will take delivery of its first A330 aircraft in 2010. … [Read more...] about Trent 700s for HK Air's A330s
Industry has not yet hit bottom~ IATA
Industry has not yet hit bottom: IATA Continued falling cargo demand has led the International Air Transport Association (IATA) to urge the cargo supply chain to improve security and efficiency to deliver a more enticing product. In remarks delivered by video to IATA's World Cargo Symposium in Bangkok, CEO Giovanni Bisignani said: "The industry is in crisis and nobody knows that better than our cargo colleagues. Cargo demand has fallen off a cliff." ¡°After a shocking 22.6 per cent decrease in … [Read more...] about Industry has not yet hit bottom~ IATA
Cargo exec says industry kidding itself
Air cargo management must "strip the veils of illusion from their eyes" in combating the worst recession since the industry began 60 years ago, according to industry stalwart Julian Keeling. Keeling said these illusions included the near obsession with China as the primary engine of growth. They also included offering complicated, expensive supply chain "solutions" to the shipper rather than concentrating on fast, reliable transportation of cargo. "Let's stop adding layers of outside management … [Read more...] about Cargo exec says industry kidding itself
Qantas airbuses back in the air
All three of Qantas' new A380 super jumbo jets are up, up and away once more after being grounded for 24 hours to deal with fuel tank and steering problems, the carrier said. The aircraft were grounded in London and Sydney to deal with issues the airline described as "teething problems". Two were out of service due to a fuel tank indication system problem and one experienced a nose wheel ground steering issue and an unrelated fuel leak issue, Qantas said in a statement. All the issues have been … [Read more...] about Qantas airbuses back in the air
Air India to go-ahead with B777 deliveries
Air India plans to go ahead with its planned delivery of the final three of eight B777-200LRs between June and August this year, despite the global crisis and resulting aviation downturn. Air India plans to deploy the aircraft on a new non-stop service to San Francisco in the second half of 2009. The National Aviation Co. of India Ltd., the state-owned parent of carrier Air India, plans to borrow US$1.06 billion to fund the purchase of these and additional aircraft from Boeing. India¡¯s … [Read more...] about Air India to go-ahead with B777 deliveries
