India had a brief break from the rapid spike in daily Covid-19 cases last Saturday as the country logged just below the 400,000 daily average since the start of April. On Sunday, however, it saw a record 3,689 deaths, amidst hospitals filled to capacity, a shortage in oxygen supplies and swamped morgues and crematoriums. Starting last week, the world’s airlines have been responding to the country’s health crisis by bringing in much needed relief supplies, with some waiving delivery fees for … [Read more...] about Cargo operators, airlines rush to India’s aid
Boeing
GECAS subsidiary signs US$2.24 billion deal with Air China
Chinese flag carrier Air China on 18 March said it inked a deal to buy 18 narrow-body jets from AFS Investments Inc, a subsidiary of aircraft lessor GE Capital Aviation Services (GECAS). The deal, valued at US$2.24 billion, is an order for 18 new planes, including five A320-200N airplanes and 13 A321-200NX, to be delivered to Air China in batches by 2022. The sale of factory-fresh aircraft by a lessor, rather than maker Airbus, raised eyebrows with industry figures on Friday, Nikkei Asia … [Read more...] about GECAS subsidiary signs US$2.24 billion deal with Air China
B737-800 conversions pick up as lessors bank on potential
Orders for 737-800 converted freighters are picking up as aircraft fleet operator ASL Aviation Holdings (ASL) exercised options to convert 10 of the aircraft for cargo use, following an original agreement with Boeing for 10 firm orders and 10 options at the Paris Air Show in June 2019. ASL said the 737-800BCF aircraft will be operated mainly by its European airline partners and will be introduced to meet the requirements of its express integrator customers like DHL, Amazon and FedEx. The … [Read more...] about B737-800 conversions pick up as lessors bank on potential
Aircraft lessor BBAM to add 12 more 737-800BCFs
BBAM Limited Partnership is set to expand its 737-800BCF fleet with six firm orders and six options, as the aircraft leasing company looks to ride on the continued growth in the e-commerce and express cargo market. Boeing said the agreement brings the aircraft lessor’s 737-800BCF orders and commitments to 15. “As we look ahead to expanding our cargo fleet, the 737-800 Boeing Converted Freighter provides the performance and efficiency our customers need,” said Steve Zissis, CEO of … [Read more...] about Aircraft lessor BBAM to add 12 more 737-800BCFs
Air cargo to grow 4 percent yearly until 2039, according to Boeing
Boeing predicts world air cargo traffic to grow at 4 percent per year over the next 20 years, influenced by trade and growing express shipments to support e-commerce, according to its newest forecast. The report said Asia will continue to lead the world in average annual air cargo growth, with domestic China and intra-East Asia and Oceania markets expanding 5.8 percent and 4.9 percent per year, respectively. The East Asia–North America and Europe–East Asia markets will grow slightly faster … [Read more...] about Air cargo to grow 4 percent yearly until 2039, according to Boeing
Boeing’s 747 to exit production as airlines adjust to new reality
Boeing announced production stoppage of the 747 jumbo jet following news that numerous airlines would be retiring their 747 fleets due to the effect of the COVID-19 pandemic, data and analytics firm GlobalData stated in a press release. British Airways, Qantas, KLM and Virgin Atlantic have either retired their fleets, or plan to do so ahead of pre-COVID-19 schedules. GlobalData said that shedding Boeing’s ‘increasingly redundant’ wide-body product and focusing on narrow-body aircraft such as … [Read more...] about Boeing’s 747 to exit production as airlines adjust to new reality
