According to the Financial Times Deutschland, Lufthansa Cargo is planning a freight alliance, combining its Chinese Jade Cargo unit and Swiss World Cargo with Aerologic, which it has a stake in along with Deutsche Post AG unit, DHL. The new group is expected to be operational by 2010 with 36 freighters and access to belly space in 400 passenger planes, includingLufthansa's. … [Read more...] about Financial Times Deutschland
air cargo
European Commission
A European Commission executive has called for reciprocity on the US law that will require countries to scan cargo headed to the United States. "There's no reciprocity here," European Commission ambassador to the US, John Bruton said in an interview with Reuters. "Our exporters are being asked to bear costs for the benefit of the United States which the United States is not prepared to bear forothers." … [Read more...] about European Commission
AMERICAS : Boeing delivers 700th 777
Boeing delivered its 700th Boeing 777 airplane, a 777-300ER (Extended Range), to International Lease Finance Corp. (ILFC) and its customer, Cathay Pacific Airways recently. The 777 Program reached this milestone after 12 years in service -- faster than any other twin-aisle airplane program in commercial aviation history. ILFC has ordered 79 Boeing 777s since 1992 and the airplane delivered today is its 74th, which makes ILFC the world's largest 777 customer. Cathay Pacific now operates 24 … [Read more...] about AMERICAS : Boeing delivers 700th 777
AMERICAS : US airlines cut capacity as oil prices surge
At least four of the major US airlines have either announced plans to reduce capacity or warned they are considering cuts, as the industry flies straight into a storm cloud comprised of a weakening economy and rising oil prices. Both United and Delta revealed plans to remove 15-20 aircraft from their mainline fleets this year. Delta also plans to reduce employee numbers by 2,000. Meanwhile, Continental and Northwest signaled that further capacity cuts are imminent. United CEO Glenn Tilton … [Read more...] about AMERICAS : US airlines cut capacity as oil prices surge
AMERICAS : Boeing reworking 787 wing box
Boeing has acknowledged that it has "found the need for some improvements" on the 787, specifically in the centre wing box, and that the fixes are underway for those aircraft undergoing assembly. The company did not confirm whether the extra work would result in another delay. Boeing's response follows comments from International Lease Finance Corp. (ILFC) - the world's largest aircraft lessor - chairman and CEO Steven Udvar-Hazy that he anticipated a further six-month delay as a … [Read more...] about AMERICAS : Boeing reworking 787 wing box
AMERICAS : Northwest regains DHL cargo through 2011
Northwest Air Cargo has reached an agreement with DHL on a guaranteed block space contract through 2011 that will maintain DHL as one of Northwest's top customers. The multi-year contract will extend the long-standing business relationship between NWA Cargo and DHL. Northwest will continue to provide a key air freight link for DHL's shipmentsbetween Asia and the US. The new revenue agreement will place DHL traffic on Northwest's network of passenger and freighter flights creating new … [Read more...] about AMERICAS : Northwest regains DHL cargo through 2011
