Boeing is forecasting a US$3.6 trillion market for new commercial airplanes over the next 20 years as world economies rebound and strong demand for new and replacement aircraft spurs growth. The Boeing 2010 Current Market Outlook (CMO), now in its 46th year was released in London late last month, foresees a market for 30,900 new commercial passenger and freighter aircraft by 2029. “The world market is doing much better than last year, but there are still challenges,” said Randy … [Read more...] about AMERICAS: Boeing revises global demand outlook upward

Hawaiian Airlines is launching a four times weekly service to South Korea using Boeing 767-300ER aircraft from January 2011, as part of its ambitious expansion into Asia as it continues its evolution from an inter-island and West Coast carrier to a more significant international player. Hawaiian president and CEO Mark Dunkerley said Incheon will be a key hub for Hawaiian because of its accessibility and proximity to other countries in the region including China. In June, Hawaiian received … [Read more...] about AMERICAS: Hawaiian to start Incheon service next year

The Russian-Ukrainian joint venture UAC-Antonov, which aims to become the main structure to consolidate the aircraft building enterprises of the two countries, will likely be established by 1 October. It will be headed by Yuriy Grudinin, director general of civil subsidiary of UAC. The deputy chief designer of Antonov, Alexander Kiva will be appointed as deputy director general. The joint venture will initially be responsible for marketing of Antonov planes. The joint venture will be based in … [Read more...] about EUROPE & CIS: UAC-Antonov joint venture in process

The Russian-Ukrainian joint venture UAC-Antonov, which aims to become the main structure to consolidate the aircraft building enterprises of the two countries, will likely be established by 1 October. It will be headed by Yuriy Grudinin, director general of civil subsidiary of UAC. The deputy chief designer of Antonov, Alexander Kiva will be appointed as deputy director general. The joint venture will initially be responsible for marketing of Antonov planes. The joint venture will be based in … [Read more...] about EUROPE & CIS: UAC-Antonov joint venture in process

Air Charter Service (ACS) opens its second Russian office — and its eleventh worldwide — this month in St Petersburg to capitalise on what it described as “the ever expanding charter market in Russia and the CIS”. Opening its doors on 1 July, the office is situated at the city’s main airport, Pulkovo International. ACS said its long-established office in Moscow – which opened in 1995 – has been flourishing in recent years with … [Read more...] about EUROPE & CIS: ACS opens second Russia office

Transaero has announced the launch of scheduled air service four times a week between Moscow and New York from 29 October using B747-400 aircraft. Later that same month the airline is also launching a weekly Moscow-Miami service using B777-200ER equipment. … [Read more...] about EUROPE & CIS: Transaero to launch New York/Miami services