The joint venture contract for the AirbusA320 Family Final Assembly Line inTianjin was signed in Beijing at the endof last month between a Chinese Consortium and Airbus. Airbus will hold51 percent in the joint venture, whilethe consortium will hold 49 percent.The Chinese Consortium comprisesTianjin Free Trade Zone, China AviationIndustry Corporation I and ChinaAviation Industry Corporation II. … [Read more...] about Chinese Consortium

Boeing has completed 50 percent of thedesign of its 777 Freighter. It has 71 ordersfrom Air France (4), Avion AircraftTrading (8), Emirates (8), FedEx (15),GECAS (8), Guggenheim (3), KoreanAir (5), Oak Hill Capital (6), Qatar Airways(2) and an undisclosed customer(12). The fi rst delivery is expected inthe fourth quarter of 2008. … [Read more...] about Boeing

Jul 23-25 Asia Pacific Aviation Summit 2007, Hilton Hotel, Sydney, Australia. [email protected] Aug 2-4 2007 Supply Chain & Logistics Conference & Exhibition Softel Hotel, Brisbane, Australia. [email protected] Aug 29 - Sep 1 FAPAA Executive Council Meeting & AGM, Gold Coast Hotel, Hong Kong. [email protected] Sep 3-5 Eyefortransport India Summit, Mumbai, India [email protected] Sep 3-6 Asian Aerospace 2007 Expo & Congress, AsiaWorld-Expo, Hong … [Read more...] about 2007 CALENDAR

Boeing last month introduced its latest Current Market Outlook, which forecasts a $2.8 trillion market for new commercial aircraft over the next 20 years to accommodate a forecasted 5 percent annual increase in passenger traffi c, and a 6.1 percent annual increase in air cargo traffic. The Boeing outlook forecasts a market of 28,600 new commercial airplanes (passenger and freighter) by 2026, with a much more balanced demand in aircraft by region over the forecast period. Over the next 20 … [Read more...] about AMERICA: Boeing forecasts 28,600 new planes by 2026

Shenzhen-based Jade Cargo international had been forced to ground one brand new B747-400ERF due to severe pilot shortage. This was confi rmed by the carrier’s VP sales and marketing, Reto Hunziker at a recent press meeting held by the members of the Lufthansa Cargo group in Munich. “We hope to overcome this unexpected problem soon and get the freighter airborne by August or September latest,” Hunziker stated ina separate interview with Payload Asia. According to the … [Read more...] about EUROPE: Jade Cargo hit by lack of pilots