Boeing projects air cargo traffic will grow at an annual rate of 4.7 per cent over the next 20 years, with global air freight traffic expected to more than double by 2033. The company released its biennial World Air Cargo Forecast at the International Air Cargo Forum and Exhibition. "We see strong signs of a recovery as air freight traffic levels continue to strengthen after several years of stagnation," said Randy Tinseth, vice president of marketing, Boeing Commercial Airplanes. "The air … [Read more...] about Boeing says air cargo traffic will double by 2033
Randy Tinseth
Boeing: China to lead in new aircraft deliveries
Boeing projects a demand in China for 6,020 new aircrafts over the next 20 years, valued at US$870 billion. The company released its annual China Current Market Outlook (CMO) in Beijing which shows Chinese carriers will take delivery of nearly 45 per cent of the total demand for airplanes in the Asia-Pacific region during the forecast period. “China’s aviation market is going through dynamic changes,” said Randy Tinseth, Boeing Commercial Airplanes vice president of … [Read more...] about Boeing: China to lead in new aircraft deliveries
Boeing says 2011 cargo-led recovery in air traffic
The Boeing Company expects global airline traffic – led by air cargo – to recover in 2011 with a return to growth in demand for aircraft in 2012, according to Boeing Commercial Airplanes VP for marketing, Randy Tinseth, speaking at Asian Aerospace in Hong Kong last month. He added that 2010 will be characterised as the year that carrier traffic declines moderated. Tinseth said that between now and 2028, the Asia-Pacific air travel market will grow from a 32 per cent … [Read more...] about Boeing says 2011 cargo-led recovery in air traffic
Boeing
Boeing Commercial Airplanes VPMarketing Randy Tinseth told reporters in Tokyo that “frankly we do not know when the [machinists] strike will end” and that the manufacturer will have to “reassess our production, deliveries and program schedule for the 787 at that time.” Launch customer ANA said last week that it had “reached an agreement with Boeing” on a new 787 delivery schedule that would see its fi rstDreamliner arrive next August. … [Read more...] about Boeing