Boeing forecasts airlines in the Middle East will require 3,180 new aircraft over the next 20 years, valued at an estimated US$730 billion, with 70 per cent of the demand expected to be driven by rapid fleet expansion in the region. According to the Boeing Current Market Outlook (CMO), single-aisle aircraft such as the B737 MAX will command the largest share of new deliveries, with airlines in the region needing approximately 1,410 aircraft. Wide-body aircraft will account for a little … [Read more...] about Middle East forecast to need 3,180 new aircraft over next 20 years
air cargo
Korean Air’s Cho Yang-ho awarded top honour by France
Cho Yang-ho, chairman of Hanjin Group - which includes both Korean Air and Hanjin Shipping - received the Légion d'Honneur Grand Officier medal, one of France's highest civilian honors, from French President François Hollande at a special ceremony at the Grand Hyatt Seoul Hotel, Seoul, Wednesday. The French government recognised Cho's contribution to business exchanges between the two countries. Cho serves as the chairman of the Korean organizing committee for France-Korea Year 2015-2016. … [Read more...] about Korean Air’s Cho Yang-ho awarded top honour by France
Korean Air's Cho Yang-ho awarded top honour by France
Cho Yang-ho, chairman of Hanjin Group - which includes both Korean Air and Hanjin Shipping - received the Légion d'Honneur Grand Officier medal, one of France's highest civilian honors, from French President François Hollande at a special ceremony at the Grand Hyatt Seoul Hotel, Seoul, Wednesday. The French government recognised Cho's contribution to business exchanges between the two countries. Cho serves as the chairman of the Korean organizing committee for France-Korea Year 2015-2016. Cho's … [Read more...] about Korean Air's Cho Yang-ho awarded top honour by France
SEKO triples warehouse footprint in California
SEKO Logistics has tripled its warehouse operations footprint in California with the opening of an Omni-Channel Logistics hub in Chino and expansion into a new 200,000 sq ft facility in San Francisco. Rapid growth for customers in the retail, solar, high-tech, aerospace and medical industries has prompted the investment, alongside the continued global expansion of SEKO's omni-channel logistics strategy. "Our customers are experiencing significant growth in California and that's why we are … [Read more...] about SEKO triples warehouse footprint in California
TAPA highlights rising truck cargo crime
The Transported Asset Protection Association (TAPA), has highlighted a worrying trend as cargo crime climbed a further 10.6 per cent in the third quarter in the Europe, Middle East and Africa (EMEA) region. The Association's Incident Information Service (IIS) recorded 238 cargo crime incidents in the three months to 30 September 2015 with TAPA noting that cargo crime is "massively" under-reported for a variety of reasons. "These latest figures reveal the continuing rise in cargo crime but … [Read more...] about TAPA highlights rising truck cargo crime
Growth important to QR, but so is quality: Al Baker
Growth is important for Qatar Airways said the carrier’s chief executive Akbar Al Baker recently as he announced that the carrier has now risen to the third largest cargo airline in IATA rankings and detailed plans for a fleet of 21 freighters by 2017 along with a quintupling of its current cargo terminal capacity in Doha by 2018. While growth is important, Al Baker emphasised it’s not merely growth for growth’s sake. “We are not here in the business of charity,” he highlighted to media … [Read more...] about Growth important to QR, but so is quality: Al Baker
