Boeing and British Airways have signed an order for two Boeing 777- 300ER jetliners valued at US$529 million at list prices.Boeing also announced that GE Commercial Aviation Services (GECAS) has purchased two 777-300ERs airplanes that were previously listed as an unidentified order on the Boeing web site. The air planes are two of four 777s that BA has agreed to lease from GECAS including two 777s ordered in 2007 as part of its recent commitment to the 777-300ER.British Airways also secured … [Read more...] about Europe & CIS: Boeing & BA sign deal for 777-300ERs

BAE Systems Regional Aircraft announced recently that Airgo Airlines S.A, of Athens, Greece has become the latest ATP Freighter operator and began operating last month from its operating base of Athens International Airport.Managed by a team of experienced Greek airline professionals, Airgo Airlines is a new start-up carrier that aims to take advantage of the growing need for a dedicated and professional regional all cargo carrier to operate between Greece, the new accession countries of the … [Read more...] about Europe & CIS: Airgo Air latest ATP Freighter operator

Germany's Lufthansa Cargo began non-stop services to Toronto from the beginning of September. The airfreight subsidiary in the Lufthansa Group will be flying twice-weekly with an MD-11F freighter to Canada's largest city. Capacity for around 90 tonnes of freight will be available on each flight and the flight will return to Frankfurt via Atlanta. With the new flights to Toronto, the carrier is again serving a station in Canada with its own freighter service for the first time since 2000. The … [Read more...] about Europe &amp: CIS: Lufthansa adds Toronto freighter service

The European Commission has given its approval for US carrier Delta Air Lines' plan to buy rival US carrier Northwest Airlines Corp for more than US$3 billion, saying that for transatlantic cargo transport the deal would have only a limited impact because of the two companies' limited presence in this market. "After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any … [Read more...] about Europe &amp: CIS: EC gives thumbs up for Delta deal

Spanish airline Iberia is to boost its Madrid, Spain-Tel Aviv, Israel cargo capacity to 63.5 tonnes a week from September, using two Airbus 340s twice a week and making 12 other weekly flights using smaller aircraft. The airline expects to significantly increase freight haulage between Spain and Israel, and also between Israel and the rest of Europe, Latin America and the US. … [Read more...] about Europe & CIS: Iberia boosts Israel capacity