Growth in aviation and related security business is driving economic growth in Latin America and the Caribbean where it has created more than four million jobs and contributed US$107 billion to national earnings, according to a report by the Air Transport Action Group and Oxford Economics. Global air freight carried annually amounted to 35 per cent of the value of world trade but only 0.5 per cent of the volume, according to the study. The study indicates that the sector has emerged as a … [Read more...] about Aviation driving growth in Latin America
air cargo freight
Airberlin joins oneworld alliance
Airberlin became part of oneworld alliance, adding the second biggest airline in Germany and the sixth biggest in the continent overall, to the global airline alliance. Austria’s NIKI, also a member of the airberlin group, joined oneworld as an affiliate member at the same time. Both airlines are from today offering oneworld’s services and benefits – and substantially expanding the alliance’s network in Germany, Austria and throughout Central and South Europe. … [Read more...] about Airberlin joins oneworld alliance
Volga-Dnepr delivers for Yamalkan Rally
Volga-Dnepr Airlines has delivered snowmobiles from Saint Petersburg to the Russia town of Salekhard, located directly on the Arctic Polar Circle, for the 250km long Yamalkan International Snowmobile Rally. The IL-76TD-90VD freighter carried 25 snowmobiles weighing a combined 10 tonnes. Volga-Dnepr Airlines is one of the sponsors of the first international snowmobile marathon rally, which saw world-class participants from Russia, USA, Austria, Norway, Finland and Estonia who … [Read more...] about Volga-Dnepr delivers for Yamalkan Rally
Airframers cooperate on biofuel commercialisation
Boeing, Airbus and Embraer recently signed a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels. The three leading airframe manufacturers agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources. Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus president and CEO Tom … [Read more...] about Airframers cooperate on biofuel commercialisation
IAG may purchase stake in American Airlines
The International Consolidated Airlines Group SA (IAG), owner of British Airways, may buy a stake in American Airlines to pre-empt a similar move by a rival, the UK’s Sunday Times reported. IAG has been prompted to consider the step as US Airways Group Inc. and Delta Air Lines Inc. also may bid for US-based American, according to the report. William Walsh, IAG’s chief executive officer, is weighing several options, the Times said. … [Read more...] about IAG may purchase stake in American Airlines
Cargolux takes delivery of third B747-8F
Cargolux has accepted its third B747-8 freighter at the end of March joining a fleet of nine B747-400F, three B747-400BCF and two B747-8F. The new aircraft was originally due in late 2011 but the delivery was pushed back by programme delays at Boeing. The rollover of the Cargolux fleet will continue in 2012 and as the carrier builds up its B747-8 freighter fleet, the three leased B747-400BCF, that are currently operated to bridge the capacity gap caused by the delivery delays, … [Read more...] about Cargolux takes delivery of third B747-8F
