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
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
DHL Express bolsters fleet with converted Boeing 767-300 freighters
DHL Express will add four converted 767-300 Boeing freighters as part of the logistics company’s efforts to modernise and grow its fleet, a press release stated. The aircraft are converted from passenger to freighter configuration by Boeing to fit the needs of DHL Express and meet the rising global demand for express services. “We are excited to introduce additional B767 freighters to the DHL Express air network,” explains Geoff Kehr, SVP for global air fleet management at DHL Express, … [Read more...] about DHL Express bolsters fleet with converted Boeing 767-300 freighters
Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Frost & Sullivan’s recent analysis, Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft Market, presents updates to the 2020 outlook and growth opportunities for original equipment manufacturers (OEMs), the supply chain, and aftermarket suppliers. Under the conservative forecast scenario, the market is estimated to witness a dramatic drop in revenues, reaching $149.24 billion in 2020 and garnering a revenue of $271.67 billion by 2025. However, the aspirational … [Read more...] about Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Air Astana announces plans for air cargo division
Air Astana plans to launch an international air cargo division operating a fleet of three converted Boeing 767-300 aircraft, which had previously been in passenger service with the carrier since 2013. The decision to launch Air Astana Cargo results from a strong increase in the demand for regional freight transport in the recent months and a strategic review of Air Astana's overall fleet plans in the wake of the global health crisis. The first Boeing 767 is already undergoing conversion into … [Read more...] about Air Astana announces plans for air cargo division
AkzoNobel’s sustainable primer qualified by Boeing
A chromate-free exterior primer developed by AkzoNobel’s Aerospace Coatings business has been newly qualified by aircraft manufacturer Boeing – underlining the company’s ongoing drive to make the aerospace industry more sustainable. Aerodur 2111 is used in combination with AkzoNobel’s qualified and market leading basecoat/clearcoat system and offers outstanding adhesion and in-service performance. Now qualified under Boeing’s specification, the product creates the most sustainable exterior … [Read more...] about AkzoNobel’s sustainable primer qualified by Boeing
