More confirmation of the sustained recovery in the global air cargo market came today courtesy of the the Association of Asia Pacific Airlines (AAPA) with statistics showing that both air cargo and passenger markets continued to show further improvement in April despite a week of disruptions to traffic in and out of Europe as a result of the Icelandic volcanic eruption. Air cargo demand remained strong, maintaining the positive trend of recent months, with 32.1 per cent growth in freight tonne … [Read more...] about Asia-Pac sees continued cargo growth
MRO Conversions & Manufacturers
China’s 2010 trade surplus expected to fall sharply
Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's trade surplus in April decreased 87 per cent from a year earlier, and the national surplus could nearly halve this year. China's largest trading partner for the first quarter was the European Union, with trade with the … [Read more...] about China’s 2010 trade surplus expected to fall sharply
China's 2010 trade surplus expected to fall sharply
Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's trade surplus in April decreased 87 per cent from a year earlier, and the national surplus could nearly halve this year. China's largest trading partner for the first quarter was the European Union, with trade with the … [Read more...] about China's 2010 trade surplus expected to fall sharply
Pemco acquires assets of regional specialist ExelTech
GPemco World Air Services (Pemco) has announced the purchase of substantially all of the tooling, equipment, and inventory of ExelTech Canada, one of the largest North American providers of MRO services to the regional airline industry. ExelTech operated hangars in Montreal and Quebec City where it offered comprehensive repair services to operators of Embraer E-Jets and 135/145s, Bombardier CRJ, Q-series, Dash 8, ATR, and Saab regional aircraft. ExelTech commenced reorganisation procedures in … [Read more...] about Pemco acquires assets of regional specialist ExelTech
Cathay signs up HAECO for B747-8F support
Hong Kong Aircraft Engineering Company (HAECO) has signed a Letter of Intent (LOI) with Cathay Pacific Airways to provide long-term Inventory Technical Management (ITM) services for the airline’s fleet of 10 new Boeing 747-8 Freighters, to be delivered between 2011 and 2013. The ITM service, part of HAECO’s technical total-care management solutions, will include asset management, reliability management, supply chain management, technical service and 24/7 AOG support. … [Read more...] about Cathay signs up HAECO for B747-8F support
Brazil’s Sideral goes with AEI for B737 conversion
Aeronautical Engineers, Inc. (AEI) has announced that it has been selected by Sideral Air Cargo of Brazil to provide one B737-300SF 9 Pallet Configuration Passenger to Freighter Conversion. The aircraft, a B737-300, was built in 1988 and is currently undergoing freighter modification and heavy maintenance at AEI’s Authorised Conversion Centre, Commercial Jet, Inc. which is located in Miami, Florida. “We felt that the nine position design will give Sideral Air Cargo an … [Read more...] about Brazil’s Sideral goes with AEI for B737 conversion
