Boeing Shanghai Aviation Services Co., Ltd., (Boeing Shanghai) has redelivered the third of three B737-400 passenger-to-freighter conversions to Hainan Airlines and Yangtze River Express, both subsidiaries of the HNA Group. The modification was conducted under the Supplemental Type Certificate held by Aeronautical Engineers, Inc. (AEI). With this redelivery Boeing Shanghai will have completed five conversions at their facility, which is strategically located at Shanghai’s Pudong … [Read more...] about Boeing Shanghai redelivers B737-400 Freighter conversion
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IATA members carried 48m tonnes of cargo in 2013
Globally, the 240 International Air Transport Association (IATA) member airlines - representing 84 per cent of global air traffic - carried nearly 48 million tonnes of cargo in 2013 of the cargo with freight tonne kilometres up only 1.8 per cent compared to 2012, but never-the-less an important reversal of the 1.1 per cent contraction that 2012 saw over 2011. The top five airlines ranked by total scheduled freight tonnes carried were: Federal Express (7.1 million), UPS Airlines (4.1 … [Read more...] about IATA members carried 48m tonnes of cargo in 2013
Global freight traffic grows 2.2% in June: ACI
Global air freight markets achieved moderate growth of 2.2 per cent for the month of June, according to statistics from the Airports Council International (ACI). The recovery in world trade coupled with an improvement in domestic demand in advanced economies has helped bolster air freight markets over the last three quarters, the organisation said. Asia-Pacific experienced the strongest gains as compared to the previous year with a rise of 4.5 per cent. The Asian hubs of Hong Kong … [Read more...] about Global freight traffic grows 2.2% in June: ACI
Malaysia Airlines to delist for “complete overhaul”
Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned by delisting it from the country's stock exchange in order to undertake a major overhaul of the beleaguered carrier. Currently estimated to be bleeding $2 million a day after two major disasters – the disappearance of MH370 and the shoot down of MH17 – this year added to its longstanding financial problems. Malaysia Airlines hasn’t been profitable for the past three … [Read more...] about Malaysia Airlines to delist for “complete overhaul”
Malaysia Airlines to delist for “complete overhaul”
Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned by delisting it from the country's stock exchange in order to undertake a major overhaul of the beleaguered carrier. Currently estimated to be bleeding $2 million a day after two major disasters – the disappearance of MH370 and the shoot down of MH17 – this year added to its longstanding financial problems. Malaysia Airlines hasn’t been profitable for the past three … [Read more...] about Malaysia Airlines to delist for “complete overhaul”
Air cargo volume growth slows in June: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing 2.3 per cent growth in demand (measured in freight tonne kilometers) over June 2013, a growth rate that is slower than the 4.9 per cent growth reported for May. Nevertheless, overall growth for the first six months of 2014 stands at 4.1 per cent compared to the same period in 2013. That is much stronger than the weak 1.4 per cent increase reported for the full-year 2013 over 2012 levels, … [Read more...] about Air cargo volume growth slows in June: IATA
