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
Carriers
Asiana to start Atlanta freighter service
Asiana Airlines Will Provide the Airport's 14th All-Cargo Asiana Airlines will join Hartsfield-Jackson Atlanta International Airport's growing list of all-cargo carriers starting 13 September, the airport announced recently. Asiana will operate a B747-400 freighter with four weekly flights to Seoul, South Korea. "We welcome Asiana Airlines to Atlanta, knowing their presence will further expand local companies' global access to markets and customers," said Atlanta Mayor Kasim Reed. "The addition … [Read more...] about Asiana to start Atlanta freighter service
Cargojet sells freighter business to SkyLink Express
Cargojet Income Fund, Canada's leading domestic premium overnight air cargo network operator, announced today that it has sold its 55 per cent interest in the Cargojet Regional Partnership to SkyLink Express Inc. for a CDN$3.2 million (US$3.1 million) promissory note secured by aircraft owned by SL Express. SL Express previously held the other 45 per cent interest in the partnership, and will operate the regional business under its own trade name, Skylink Express. Specializing in time-sensitive … [Read more...] about Cargojet sells freighter business to SkyLink Express
ATA hails passage of Wall Street reform bill
The Air Transport Association of America (ATA) has applauded the US Senate’s final passage of the Restoring American Financial Stability Act of 2010, a comprehensive financial- and commodities-reform bill aimed in part, at curbing commodities speculation that have led to volatile fuel prices. “We applaud the Senate’s action...which will close the door on Wall Street’s high-risk gambling and unchecked commodities speculation that led to sky-high fuel … [Read more...] about ATA hails passage of Wall Street reform bill
Emirates marches on with $9B in new orders
Dubai's Emirates Airline has placed an order with Boeing for an additional 30 777-300ER 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 777-300ER offers an additional cargo payload of 20.1 tonnes. The order adds to an already substantial order book that is set to soon place Emirates as the largest airline in the world by fleet size. In addition to the order placed … [Read more...] about Emirates marches on with $9B in new orders
Chinese corruption investigation claims senior official
A senior Chinese aviation official threw himself in front of a railway train this week, the Xinhua news agency said, attributing his suicide to ongoing corruption investigations that have shaken the Civil Aviation Administration of China (CAAC). Liu Yajun, the 50-year-old head of CAAC's Central and Southern Regional Administration, killed himself in late-June, just months after taking office in February, Xinhua said, citing airport sources. Since the start of the year, four senior aviation … [Read more...] about Chinese corruption investigation claims senior official
