Boeing announced the conclusion of its acquisition of the business and operations conducted by Vought Aircraft Industries at its South Carolina facility, where a key structure for the 787 Dreamliner is built. The newly acquired facility, located in North Charleston, will be called Boeing Charleston and will be managed by the 787 programme as a wholly owned subsidiary. Boeing Charleston will continue to perform fabrication, assembly and systems installation for 787 aft fuselage sections, which … [Read more...] about Boeing finalises Vought purchase for 787s
air cargo freight
UPS signs Shenzhen Customs agreement for new China hub
UPS and the Shenzhen Customs authority signed a memorandum of understanding (MOU) today to seal the terms of their partnership at the soon-to-be-completed UPS intra-Asia hub, located at China's Shenzhen International Airport. “We believe the new hub will greatly boost export developments in the Pearl River Delta region and increase the total volume of freight transportation and employment level,†said Shi Fushen, Deputy Director General, Shenzhen Customs Provincial HQ. … [Read more...] about UPS signs Shenzhen Customs agreement for new China hub
Air France-KLM posts €431 million Q1 loss
Air France-KLM Group, Europe’s biggest airline, posted a first-quarter loss as the recession continued to take its toll on passenger traffic and cargo handling. The net loss was €431 million compared with net income of €132 million a year earlier. Air- freight sales dropped 42 per cent to €544 million while sales at the passenger business fell 19 per cent from a year earlier to €4.01 billion. “Global economic activity has stabilised at unprecedented low … [Read more...] about Air France-KLM posts €431 million Q1 loss
Jade expands partnership with Air Logistics Group
Jade Cargo International and Air Logistics Group have entered into agreement to further expand their partnership in which Air Logistics will assume the role of General Sales and Service Agent for Jade Cargo in India and the Middle East effective August 2009. “The professional efforts of Air Logistics Group will serve as the basis for our expanded sales presence in India and the Middle East,†commented Kay Kratky, CEO of Jade Cargo International. “During the past months our … [Read more...] about Jade expands partnership with Air Logistics Group
Boeing wins US$1.3 billion order from Ethiopian
Boeing and Ethiopian Airlines have announced an order for five Boeing 777-200LRs, worth an estimated US$1.3 billion at list prices making it the largest order of the year for Boeing. With the order, Ethiopian Airlines becomes the first African carrier to order and operate the ultra-long-range 777-200LR model. Ethiopian was the first African carrier to order the 787 Dreamliner, ordering 10 in 2005. Based in Addis Ababa, Ethiopia, the carrier is investing in the additional airplanes to expand its … [Read more...] about Boeing wins US$1.3 billion order from Ethiopian
First Boeing 747-8 freighter takes shape
Boeings' much anticipated re-vamped B747 freighter took a major step closer this week toward final assembly as mechanics at its Everett, Washington facility loaded the forward and aft fuselage sections to join with the wing and centre section of the freighter, RC501. “It is exciting to see this airplane taking shape,†said Mo Yahyavi, vice president and general manager of the 747 Program. “The 747-8 is the largest commercial jet airplane we have assembled. This final body join … [Read more...] about First Boeing 747-8 freighter takes shape
