With a strong air cargo market exceeding pre-pandemic levels, Boeing forecasts continued long-term growth, saying air cargo traffic will increase by an average of 4% per year through 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the biennial overview and long-term outlook for the air cargo industry. "As the quickest and most reliable way to move goods, air cargo's sustained growth has returned the industry to its long-term trend," said Darren Hulst, Boeing … [Read more...] about Boeing: Air cargo traffic to double by 2043 as emerging markets drive growth
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Emirates SkyCargo to expand fleet, capacity with five more Boeing 777 freighters
Boeing and Emirates SkyCargo announced an order for five more of the world's largest and longest-range twin-engine freighter, building on its earlier purchase of five 777 Freighters. The latest order, which was finalized in September and listed as unidentified on Boeing's Orders and Deliveries website, brings Emirates' order book to 249 Boeing widebody airplanes, including 14 777 Freighters. As the cargo division of the world's largest international airline, Emirates SkyCargo plans to operate … [Read more...] about Emirates SkyCargo to expand fleet, capacity with five more Boeing 777 freighters
Boeing: China commercial fleet to more than double by 2043 for growth and modernisation
China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to meet growing demand for passenger and cargo air travel, according to Boeing's 2024 Commercial Market Outlook (CMO) for China, the company's long-term forecast of demand for commercial airplanes and related services. "China's commercial aviation market for passengers and cargo continues to expand, driven by economic growth and airlines building their in-country networks," said … [Read more...] about Boeing: China commercial fleet to more than double by 2043 for growth and modernisation
Boeing board names Kelly Ortberg President and CEO
Boeing announced that its Board of Directors has elected Robert K. "Kelly" Ortberg as the company's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention to retire from the company, having served as president and CEO since January 2020, and as a member of Boeing's Board of Directors since 2009. "The Board conducted a thorough and extensive … [Read more...] about Boeing board names Kelly Ortberg President and CEO
Korean Air to order up to 50 widebody Boeing aircraft
Korean Air signed a Memorandum of Understanding with Boeing on July 22 at the Farnborough International Airshow to upgrade and expand its widebody fleet. The airline has announced its intent to procure 20 Boeing 777-9s and 20 Boeing 787-10s with options for 10 more of the largest 787 Dreamliner variant. The signing ceremony was attended by Walter Cho, Chairman and CEO of Korean Air, and Stephanie Pope, President and CEO of Boeing Commercial Airplanes. The 777-9s and 787-10s, with their … [Read more...] about Korean Air to order up to 50 widebody Boeing aircraft
National Airlines selects four Boeing 777 freighters to expand global fleet
Boeing and National Airlines announced the global carrier has committed to place its first order for four 777 Freighters. Currently the longest-range twin-engine freighter with unrivaled payload capacity, the 777 Freighter will help maximize the airline's commercial cargo service and boost market share across its global operations. "We are elated by this remarkable order of four Boeing 777 Freighters. This demonstrates our commitment to offering efficient, resourceful, and modern air freight … [Read more...] about National Airlines selects four Boeing 777 freighters to expand global fleet
