Preliminary traffic figures for the month of May released by the Association of Asia Pacific Airlines (AAPA) showed healthy growth in demand for both air freight and international passenger markets. International air cargo demand in freight tonne kilometres increased by 4.7 per cent in May, with export shipments by air to the US and Europe having gained momentum, AAPA said. Offered freight capacity registered a four per cent increase. As a result, the average international freight load … [Read more...] about May cargo figures see continued growth: AAPA
MRO Conversions & Manufacturers
AAR aquires cargo loading assets of PFW Aerospace
AAR Corp. announced that its 100 per cent owned subsidiary, Telair International has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany-based PFW Aerospace. AAR said the acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany … [Read more...] about AAR aquires cargo loading assets of PFW Aerospace
Air cargo continues fragile recovery: IATA
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October, with global freight tonne kilometers (FTK) up four per cent compared with October 2012, with growth in all regions except Africa. IATA said the gradual expansion continues a trend that began in the third quarter as air freight markets have responded to better economic confidence and improved consumer demand. However, performance varies significantly by region, … [Read more...] about Air cargo continues fragile recovery: IATA
AEI selects first SE Asia conversion centre
Aeronautical Engineers, Inc. (AEI) has announced that it has selected AIROD Aerospace Technology Sdn Bhd (AAe) as their fifth authorised AEI Conversion Centre (ACC). AAe has a seven hangar MRO facility and will begin providing AEI B737-300SF & B737-400SF Passenger to Freighter (PTF) Conversions in the first quarter of 2014 for AEI customers. "AEI is very excited to have established NADI & AAe as AEI's fifth ACC and the first in South East Asia. With AAe's comprehensive … [Read more...] about AEI selects first SE Asia conversion centre
AAR aquires cargo loading assets of PFW Aerospace
AAR Corp. announced that its 100 per cent owned subsidiary, Telair International has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany-based PFW Aerospace. AAR said the acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany … [Read more...] about AAR aquires cargo loading assets of PFW Aerospace
Slow cargo uptick in July, Asia still weak
The International Air Transport Association (IATA) announced global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June. Global freight tonne kilometres (FTKs) were up 1.2 per cent in July year-on-year, slightly better than the 0.9 per cent year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the July performance, air freight volumes are at their highest level … [Read more...] about Slow cargo uptick in July, Asia still weak
