Acknowledging its explosive growth over the past five years, Utah Business magazine recognized Visible Supply Chain Management (Visible), the Salt Lake City-based industry leader in shipping and fulfilment services for small to midsize businesses, as the 3rdfastest-growing company in Utah at the magazine’s annual Fast 50 event in Salt Lake City. Visible has revolutionized an industry with single-digit compound annual growth rates by achieving a 72% CAGR over the last five … [Read more...] about Visible recognized as Utah’s 3rd fastest growing company by Utah Business Magazine
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Airbus Full-Year 2018 results
Airbus SE reported strong Full-Year 2018 consolidated financial results and delivered on its guidance for all key performance indicators. As of 1 July 2018, the A220 aircraft programme has been consolidated into Airbus. Net commercial aircraft orders totalled 747 (2017: 1,109 aircraft), including 40 A350 XWBs, 27 A330s and 135 A220s. Showing the underlying health of the market, the order backlog reached an industry record of 7,577 commercial aircraft at year-end, including 480 … [Read more...] about Airbus Full-Year 2018 results
Strong passenger traffic growth in April
With a 6.1% increase on a year-over-year basis, just below its 12-months rolling average of 6.5% reported by the Airports Council International (ACI) World, there is a strong growth in passenger traffic growth around the globe. Although growth in passenger traffic remains robust, the month of April marked a slight departure from the recent months' high growth levels mainly due to the timing of this year's Easter period. ACI's month-by-month passenger and … [Read more...] about Strong passenger traffic growth in April
Airbus’ financial report for first half of 2018
In a nutshell, the first half of 2018 has seen a robust growth in commercial aircraft environment robust, with backlog underpins ramp-up plans. Amongst which, the report reflects the A350 XWB performance and delivery phasing, with revenues hitting € 25 billion. “The first half financials reflect the back-loaded deliveries due to A320neo engine shortages, while on the positive side there was a strong improvement on the A350 programme,” said Airbus Chief Executive Officer … [Read more...] about Airbus’ financial report for first half of 2018
Singapore Changi Airport Operating Indicators for first half of 2018
With 5.57 million passenger movements in their first half of 2018, Singapore Changi Airport is experiencing a 6.9% year-on-year increase. Despite the dip in airfreight figures, with only 170,630 tonnes, as compared to the same period last year. The aircraft movements experienced growth as well, with 3.1% at 31,870 landings and takeoffs. In June, traffic between Singapore and Europe grew 19%. Among Changi’s top 10 markets, Indonesia (+11%) and Japan (+12%) were the fastest … [Read more...] about Singapore Changi Airport Operating Indicators for first half of 2018
Growth in aircraft industry expected to hit US$5.8 trillion over 20 years
With a growth going at 4.4%, the globalized world of today is expected to keep growing for the next 20 years. The numbers for passengers fleet will more than double would be to 48,000 aircraft, according to Global Market Forecast 2018-2037. Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes and a near doubling of the middle classes globally. Emerging countries will account for over 60% of economic growth, with trips per … [Read more...] about Growth in aircraft industry expected to hit US$5.8 trillion over 20 years
