Long the richest but one of the most conservative of the UAE states, Abu Dhabi has until recently seemed to disdain the example of its enthusiastic northern neighbour Dubai, with its massive investment in infrastructure, freighttransport and tourism. One reason was the emirate’s huge oil wealth. Abu Dhabi has estimated reserves of 92.2 billion barrels, the fourth largest in the world, and enough for it to pump two million barrels a day well into the next century. It also has the … [Read more...] about Cargo awaits its place in Abu Dhabi's airport plans
Airports
Boeing
Randy Baseler, vice president of marketingof Boeing Commercial Airplaneshas announced his plan to retire at theend of April 2007. … [Read more...] about Boeing
Boeing
Boeing said it is planning for thefirst test flight of the 787 in August.The US aircraft manufacturer will startassembling the plane in the secondquarter. … [Read more...] about Boeing
Maximus Air Cargo
Abu Dhabi-based all cargo airline,Maximus Air Cargo, said it has signed athree-year logistics support agreementwith the International Golden Group.Maximus Air Cargo operates worldwideservice with an AN-124-100 and threeIL-76s and two L100-30 Hercules. … [Read more...] about Maximus Air Cargo
AMERICA: IATA pledges to introduce e-freight by end of 2007
IATA will have e-freight runningby the end of the year, potentiallysaving US$1.2 billion a year, directorgeneral Giovanni Bisignani told therecent IATA World Cargo Symposiumin Mexico City. "Cargo processes have not changedin three decades. It is time for the industryto crawl out of the technologydark ages," he said. "We will be up and running by theend of this year in five key locations-Canada, Singapore, Hong Kong, theNetherlands and the United Kingdom.This is IATA's … [Read more...] about AMERICA: IATA pledges to introduce e-freight by end of 2007
AMERICA: Atlas profit down
Atlas Air and Polar Air Cargo parentAtlas Air Worldwide Holdingsreported profit of US$59.8 million for2006 - down 19.1 percent from $73.9million earned in the prior year, onan 8.6 percent decrease in revenue to$1.48 billion. But Atlas reported a 66.2 percentfourth-quarter profit gain to $45.7 millionand projects strong growth goingforward, pointing to 12 747-8 freightersit has on order and a partnership dealwith DHL taking a stake in Polar. President William Flynn said: "Thestrategic … [Read more...] about AMERICA: Atlas profit down