EADS, the European consortium that is 80 percent owned by Airbus, and the Russian Irkut and MiG corporations have signed a preliminary agreement covering the conversion of A320 passenger jets into freighters. Irkut will produce all the necessary components, which is about 40 percent of the work, The actual conversion work will be done at the main MiG plant in Lukovitsy. The conversion can take place along with the scheduled maintenance checks that is carried out after about 15 years of … [Read more...] about EADS, Irkut sign conversion pact
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Lufthansa Systems launches ELWIS 8
Lufthansa Systems said it will launch a brand-new system release ELWIS 8, which features a new graphic user interface, as well as SLA monitoring, DG online handling, enhanced customer notifi cation, and optimised tracking & tracing. The new release is an updated version of the well-proven ELWIS air cargo solution, which currently manages 25 air cargo handling operations in Asia, Europe, and South America totaling over 3 million tonnes of cargo a year. In a statement, Lufthansa … [Read more...] about Lufthansa Systems launches ELWIS 8
AFA2007 Conference attracts key executives from the industry
The Air Freight Asia 2007 Conference, which will take place in the AsiaWorld-Expo venue where Asian Aerospace and the Air Freight Asia Exhibition will be held, already has attracted several senior executives who have confi rmed their attendance as speakers and panel members during the two-day conference on September4 and September 5. As reported earlier, the AFA2007 keynote address on September 4 will be presented by the new chief executive offi cer of Hong Kong International Airport, … [Read more...] about AFA2007 Conference attracts key executives from the industry
Interest in AFA2007 shows industry is heading North
With just fi ve months to go before the 13th edition of Air Freight Asia (AFA) opens its doors at the AsiaWorld-Expo facilities in Hong Kong as part of the much larger Asian Aerospace 2007 Expo & Congress, space bookings for the Exhibition have already exceeded those of last year’s event in Shanghai. Meanwhile, interest in the Conference is encouraging as several senior executives from the air cargo industry have confi rmed their attendance as speakers. AFA2007 is set to confi rm … [Read more...] about Interest in AFA2007 shows industry is heading North
Express business in the Philippines eyes 7-8-9 growth
The air express and logistics business has never been more robust and DHL Express in the Philippines is seeing more new clients and a wider variety of industries that are interested to avail of its express and logistics services, says Larry Llamzon, country manager of DHL Express Philippines. He says the industry is growing much faster than the Philippine’s gross domestic product (GDP). The actual growth of the industry over the last three years was approximately double that of … [Read more...] about Express business in the Philippines eyes 7-8-9 growth
Revised Qantas bid sets new standards
Changes to the A$11.1 billion private equity bid for Qantas set new international fi nancing benchmarks for all private equity transactions, accordingto market observers. To overcome resistance from key fund managers, the international Airline Partners Australia consortium bidding for Qantas has cut shareholder acceptance conditions from 90 to 70 percent and extended the acceptance deadline until May 4. Qantas shares rose 8c to $5.39 as confi dence grew that the stalled $5.45-a-share bid … [Read more...] about Revised Qantas bid sets new standards