Boeing mechanics began major assembly of the new 777 Freighter at the company¡¯s Everett, Washington facility recently. Workers took the first step in major assembly for the new 777 Freighter by loading its 97-foot-long wing spar into the automated spar assembly tool (ASAT). The ASAT automatically drills, measures and installs more than 5,000 fasteners into the spar. The spar is the internal support structure that runs through the full length of the wings and provides support to the … [Read more...] about AMERICAS: Boeing Begins Major Assembly of 777 Freighter
Air & Cargo Services
AMERICAS: ACE looking at all options for Air Canada
ACE Aviation Holdings is looking at several ways to wring the most value from its Air Canada stake, including sales to private equity players and even a linkup with a US airline, ACE's chief executive told Reuters. ACE CEO Robert Milton said he still prefers the original plan of distributing the 75 per cent interest in Canada's dominant carrier to shareholders before winding up the holding company structure, rather than buying back the minority. But weakness in Air Canada's stock price … [Read more...] about AMERICAS: ACE looking at all options for Air Canada
AMERICAS: Vancouver airport gets transhipment status
Vancouver International Airport has been given the green light to participate in Canada's international air cargo transshipment programme by the Federal government. The programme simplifies air carrier access to the airport for air cargo transshipment, allowing the airport to seek new market opportunities and increase its transshipment activity. The programme allows air cargo to be moved through Canada for shipment to third countries. For example, cargo could be fl own from the US into … [Read more...] about AMERICAS: Vancouver airport gets transhipment status
EUROPE & CIS: A Russian virgin for billionaire Branson
Billionaire Richard Branson plans to start an airline in Russia in order to tap the 10 per cent annual growth of the market there. Th e new carrier will tentatively be called Virgin Russia and could begin operations within 12 months. Th e carrier will initially fly domestic routes, with international routes to be added at a later date. Russia¡¯s economy expanded by 8.1 per cent last year, the fastest pace since 2000 and the country is in its 10th consecutive year of growth. Russian … [Read more...] about EUROPE & CIS: A Russian virgin for billionaire Branson
EUROPE & CIS: Volga-Dnepr carries longest ever shipment
Outsize and heavyweight air cargo specialist, Volga-Dnepr Airlines, has carried the longest ever shipment on board one of its IL-76 freighters - a telescopic slip joint transported from Prestwick in Scotland to Pointe Noire, Congo. Measuring 1,981cms in length and 82cms diameter, the 15,500 kilos slip joint was delivered on board one of the airline's new IL-76TD-90VD freighters on behalf of TransOcean Off shore Deepwater Drilling Inc. It was part of a 22,500 kilos shipment that also included … [Read more...] about EUROPE & CIS: Volga-Dnepr carries longest ever shipment
EUROPE & CIS: “Hard competition” dampens SAS results
Scandinavian carrier SAS Cargo's annual result for 2007 was aff ected by "hard competition in key markets" resulting in a drop in profi ts compared with a year earlier. Turnover for the year was SEK 3,355m (€363m) while profi t came in at SEK 22m (€2.4m). "The air cargo industry has experienced some big changes in recent years, with consolidation among customers and over capacity in key markets," said Kenneth Marx, president and chief executive offi cer of SAS … [Read more...] about EUROPE & CIS: “Hard competition” dampens SAS results
