July 2017 The Kaplanian Report

ON THE BOEING FRONT

GE Starts 18-month GE9X Certification Program

GE Aviation has started the 18-month certification program for the GE9X engine that will power the Boeing 777X.

The first round of certification tests will take place in Peebles, Ohio. The certification testing is beginning on the second GE9X engine GE has built; ultimately, there will be eight certification test engines. The next two GE9X engines are currently being built. One of those two engines will be tested in flight on GE’s 747 flying testbed based in Victorville, California, in the second half of 2017.

GE aims to complete the certification program by the end of 2018. The 777X is slated to enter service in 2020.

The start of certification program follows more than a year of testing with the GE9X first engine to test (FETT).

“Historically, the first to test is not separated by the second engine by a year-plus,”

GE9X program general Manager Ted Ingling told ATW.  ”That was the intention, that we moved that first engine forward to allow us as a design team to validate the architecture of this new engine, learn, and adapt those learnings into the certification baseline.”

The second engine to test (SETT), which started for the first time on May 16, is the first GE9X certification engine and the first of a series to build to the full-up finalized production standard.

SETT, also known as GE9X test engine 002/1, is the first to incorporate all the design changes from lessons learned during the validation runs of the first engine. In addition, GE will build an engine for ETOPS extended-range certification testing that will be configured with a Boeing-provided nacelle and other external hardware.

From early 2018, GE will also deliver eight compliance engines, plus a pair of spares to Boeing for the four 777-9 flight-test aircraft. The Engine is now officially named the GE9X-105B1.

Source : ATW/GE Aviation/PicturesGE Aviation

            

ON THE AIRBUS FRONT

Airbus Beluga XL Begins to Take Shape

The first of Airbus’ five new Beluga XL air lifters began to take shape, initiating the creation of a new jetliner fleet to transport complete sections of the company’s aircraft from production sites around Europe to final assembly lines in France, Germany and Spain.

Beluga XL’s lower fuselage will be the same as the freighter version of the Airbus’ A330-200  jetliner and is to be built on the A330 final assembly line adjacent to Toulouse-Blagnac Airport in southwestern France.

Airbus has taken delivery of the nose section for its first Beluga XL transport aircraft. The nose and cockpit have been constructed by Stelia Aerospace at a French facility in Meaulte. Stelia says several of its production sites, including its Tunisian facility, contributed to the manufacture.

Airbus five Beluga XL twin jets will be powered by Rolls-Royce Trent 700 engines.

The airframer is to introduce a series of individual paint schemes for its forthcoming fleet of the five Beluga XL transports, with the lead example featuring an aquatic design based on the white whale the aircraft is named after.

The first flight of the A330-200-based jet is due in 2018, Airbus confirms that each will bear a unique livery. The initial scheme was voted by employees, the airframe says. The Beluga XL will replace its fleet of A300-600ST outsized freighters from 2019.

Source : Air soc/Airbus/Flightglobal

                  

REGIONAL/BUSINESS JETS

Deer Jet to Add Second Boeing 787 Dream Jet to its Fleet

Deer Jet announced the building of world’s largest Dream Jet fleet by adding a second one to its managed fleet and brings to Seattle, the birthplace of Boeing, the world’s first 787 Dream Jet for its first display in the US.

The showcase was held at the Museum of Flight. This was the sixth stop for the world’s first Dream Jet after Hong Kong, Shanghai, London, Dublin and Doha; part of the series of exhibitions “Dreams Encounter the World.”

Exclusively for the Seattle exhibition, A collection of Sculptures from artist Dale Chihuly, including its famous Cylinders, created from glass-thread drawings on vessels inspired by Native American textiles, added local style to the 787 Dream Jet cabin.

During the press conference which was held at the end of the display, Mr. Adam Tan, CEO of HNA Group, Deer Jet’s parent company, said:

“Along its 24 years of history, HNA Group has built many milestones for the aviation industry, once a regional airliner, now the 353th of the Global Fortune 500 list and the goal to become one of the top 10 largest enterprises in the world. The first 787 Dream Jet is a masterpiece, after its global success we are very pleased to add a second one as we decided to build the largest Dream Jet fleet in the world. It will also be managed by Deer Jet, the top private jet company in Asia. I believe this will provide the highest quality of premium business travel services to our worldwide high-end customers.”

During his speech at the press conference, Mr Kevin McAllister, President and CEO of Boeing Commercial Airplanes added :

“Deer Jet is setting the standard for private charter travel, and Boeing is excited to be part of it with the 787, the most technologically advanced and ecologically efficient business jet on the market.”

Source : China Aviation Daily/Deer Jet/Deer Jet Picture

                                                                     

OTHER AVIATION NEWS

Boeing Deal with Italian Export Finance Agency

SACE (CDP Group) and Boeing have entered into an important agreement that will support Italian exports in the aeronautical sector in the form of new aircraft delivery financing.

The agreement creates a shared platform for facilitating the financing of aircraft purchases of mutual interest each year, SACE will consider guaranteeing credit lines from third parties for the sale go Boeing aircraft (this year, up to 1.25 billion US dollars), in order to support Boeing’s contracts and subcontracts with Italian firms  specialized in precision aeronautical components. SACE’s commitment will be evaluated every year and adjusted accordingly to the supplies that Boeing will allocate to Italian companies.

“The agreement we are announcing strengthens our relationship with an international aerospace giant that has chosen Italy as one of its principal partners. Aeronautics has always been a strategic sector for our economy, where we can be even more incisive and more competitive in the international market”,  said Alessandro Decio, CEO of Sace CDP Group.

SACE said it will consider guaranteeing credit lines for airlines or leasing companies that buy Boeing aircraft. From 2015 to 2016, Boeing purchased 2.5 billion dollars of goods and services from Italian companies and, with a solid tie to the national economy, it has helped generate 12,000 jobs along the supply chain.

Source : SACE CDP Group

 

United Airlines to Offer LAX-Singapore 787-9 Service

United Airlines plans to introduce daily nonstop flights between Los Angeles and Singapore’s Changi Airport, effective October 27, subject to government approval.

According to  the Chicago-based carrier, the service will set the distance record for any airline operating a flight to or from the US, at 8,700 miles. (yet another milestone for the 787) Ed Kaplanian commented.

United’s existing service between San Francisco and Singapore started one year ago, June 1, 2016, and “holds the current record of the longest scheduled flight operated by any US carrier, at 8,446 miles,” the airline said in a statement.

Both routes will use 252-seat Boeing 787-9s with 48 Polaris business class seats and 204 economy seats, including 88 economy plus seats.

Flight UA 37 will depart Los Angeles at 8:55 p.m. daily, arriving in Singapore at 6:50 a.m. two days later (all times local). The return flight, UA 38, will depart Singapore Changi Airport at 11:00 a.m. daily, arriving at Los Angeles at 10:15 a.m. the same day. Flying times will be approximately 17 hours, 55 minutes westbound and 15 hours,15 minutes eastbound.

Source : United Airlines/ATW

 

Hainan Airlines to Add 13 787-9s and Six 737 MAX 8s

HNA Group subsidiary, Hainan Airlines, is raising funds to acquire 13 Boeing 787-9s and six 738 MAX 8s.

China’s Civil Aviation Authority has confirmed Hainan Airlines’ five year plan, paving the way for additional 19 aircraft. 

Under the strategy, the Haikou-based carrier will add seven Boeing 787-9s in 2018, followed by another six 787-9s and six 737 MAX 8s between January and August 2019. It currently has 10 787-8s and nine 787-9s in its fleet.

Hainan Airlines valued the order at about $4.19 billion and detailed plans to raise the money through a bonds issue.

The aircraft will be used to strategically grow its fleet and network, in a bid to boost profitability and competitiveness.

According to the carrier’s website, its current fleet of 179 aircraft includes Airbus A330s, Boeing 737s, 767s, 787-8s and -9s.

Source : Hainan Airlines/Boeing picture/ATW

            

LATEST NEWS

  • Iran Air has taken delivery of its first four ATR 72-600 turboprops. Earlier this year the carrier finalized a deal spanning 20 firm ATR 72-600s, plus options on another 20.
  • Arkia Israeli leisure carrier has unveiled a vibrant new livery as it prepares to modernize its fleet. 
  • EgyptAir has taken delivery of the fourth of nine Boeing 737-800 NGs, as part of a fleet modernization plan and expansion strategy.
  • Delta Air Lines placed an incremental order for 30 firm Airbus A321ceo aircraft.
  • EasyJet UK budget carrier EasyJet has opted to take the Airbus A321neo,by converting orders for 30 of the smaller A320neo which the airline has on order.
  • Kalitta Air took delivery of the first of two leased Boeing 747-400Fs from GECAS, adding capacity to Kalitta Air’s fleet of more than 15 wide body freighters.
  • Scoot Singapore-based low-cost carrier received its 14th Boeing 787 Dreamliner at the Boeing Everett Delivery Center on May 12. 
  • Airbus’ is nearing a major change in its sales organization as its current head of sales, John Leahy, has indicated he will retire soon.
  •  Ruili Airlines China’s low-cost (LCC) Ruili Airlines has agreed to lease three Boeing 737 MAX aircraft from AVIC International Leasing Co. in an effort to facilitate its international expansion.

 

AIR CARGO

Lockheed Martin’s LM-100J Commercial Freighter Makes First Flight

The first Lockheed Martin LM-100J commercial freighter aircraft achieved a critical milestone with the completion of its first flight in Marietta, Georgia. 

“I was proud to fly the first flight of our LM-100J.  It performed flawlessly, as is typical of our military C-130J new production aircraft,” said Wayne Roberts, chief test pilot for the LM-100J program. ”This new model will perform many commercial roles in the decades to come, like humanitarian service following natural disasters and others like nuclear accident response, oil spill containment, and firefighting. This aircraft will also enable remote area development such as mining, oil and gas exploration. This day marks the beginning of a tremendous commercial capability that only the LM-100J can deliver.”

This flight followed the same test flight route over North Georgia and Alabama that is used for all C-130J Super Hercules aircraft. The LM-100J will complete initial production flight tests and then begin Federal Aviation Administration (FAA) type certificate update test requirements.

Bravo Industries LLC, a Brazil-based firm, has agreed to buy 10 LM-100Js. Bravos Logistica division, which consists of Bravo Cargas and MRO, plans to operate the turboprop LM-100J for air cargo operations in Brazil.(Ed)

Source: Lockheed Martin/Picture Lockheed Martin

 

Russia’s AirBridgeCargo (ABC) Volume Up 17% In First Quarter 

Russia’s Airbridge Cargo carried 158.000 tons in 1Q 2017, up 17% year-over-Year, as a result of market growth and special products.  Load factor increased to 70% during the first months of the year, the carrier said in a statement on June 1.

The largest Russian cargo airline, which is part of Volga-Dnepr Group, continued to develop its network in Asia, launching a new route to Taipei in April. ABC provides Boeing 747F services to and from Tokyo, Seoul, Singapore, Hanoi, Phnom Penh, Hong Kong, Shanghai, Beijing, Chengdu, Chongqing and Zhengzhou.

According to ABC, high demand for exports from Europe enabled the airline to grow its tonnage from the region by 22% in Q1 2017; with growth on all its routes, notably to Asia, which recorded a 24% rise in tonnage over the same three months of 2016.

ABC’s services from North America also continued to grow, the airline said, and now operates up to 30 flights a week on its routes serving Atlanta, Chicago, Houston, Los Angeles and Seattle.

The arrival of the airline’s 10th new Boeing 747-8 F in March increased its total 747 fleet to 17 aircraft, contributed a 7% increase in frequencies network-wide.

Source : ATW/Boeing ABC Cargo picture

 

MAINTENANCE, OVERHAUL, REPAIR NEWS 

  Qantas, Jetstar Sign Up for Boeing 787 Parts Support

Australia’s Qantas Airways and its Jetstar Airways low-cost subsidiary have entered into a long-term component services agreement with AFI KLM E&M to cover its Boeing 787 fleet.

The contract covers pool access, repairs and applies to eight future Qantas-operated 787-9s. They are expected to start entering its fleet late this year and eleven 787-8 currently in service with Jetstar.

AFI KLM E&M said the program aims to achieve maximum availability for supported fleet. It will see both airlines gain direct access to the aftermarket provider’s spare pool in Kuala Lumpur, with support from its global inventories and component repair shops.

AFI KLM E&M said the total number of 787s under its parts coverage program now stands at 193 across 15 different airlines.

Fabrice Defrance, senior vice president commercial AFI KLM E&M, said the new contract further strengthens its position in the Asia-Pacific region. It also grows ties with Qantas, as AFI KLM E&M already provides component support on its fleet of Airbus A330s and, through its Spairliners Subsidiary, coverage of its A380 fleet.

Source: mro-network.com/Qantas Picture

 

 MRO Latest News

  • Lufthansa Technik was selected by Madrid-based leisure carrier Wamos Air to provide Airbus A330 and Boeing component support.
  • StandardAero was selected to maintain PW 125Bs for six Fokker 50s for Belgium carrier VLM Airlines.
  • F&E Aircraft Maintenance expanded its GoldCare agreement with Boeing to provide 787 and 737 MAX line maintenance at Denver and Seattle.
  • Aeronautical Engineers finalized contract with Mexico-based Aeronaves for sixth/Seventh MD-80 freighter conversions for late this year; Commercial Jet will modify one each at Miami and Dothan.
  • SR Technics expanded its CFM56 component repair agreement with AerFin ,to include-5Bs and -7Bs in addition to -5Cs out of facilities in Zurich, Switzerland and Cork Ireland.
  • HAECO was selected by Panasonic as an authorized IFEC repair center in China.
  • Ameco delivered a converted Boeing 757 aircraft to China Postal Airlines. This is the sixth Boeing 757 aircraft delivered by Ameco Chengdu Branch since 2014, while another three 757s are in progress in its facility.

 

Researched and Compiled by : Ed Kaplanian

Commercial Aviation Advisor

Contact – ed@kaplanianreport.com

Volume 2 Issue 5 May 2015

ON THE BOEING FRONT

Boeing Just Patented a “Cuddle Chair” that Could Revolutionize How People Sleep on Airplanes

You know that moment when you are deep into a long distance journey and you just cannot get comfortable enough to sleep? And you’d do just about, or pay just anything for some sort of bed, or sleep support for even a few hours.

Getting quality sleep on a plane can be a great challenge especially when you are stuck in the cramped quarters of economy class. But now upright sleeping seat patented by Boeing may just change things.

boeing-cuddle-chair-patent.png

Though officially known as the “transport vehicle seat back with integrated upright sleep seat the “cuddle Chair”. The chair features a cushion, headrest, and strap system that could be a crucial development for forward-leaning sleepers, who would no longer have to suffer the indignity of snoozing on their tray table.

As  airlines seek to fit as many people as possible into planes, manufacturers like Boeing and Airbus have had to explore some truly unorthodox seating mechanisms.

Source : Business Insider

ON THE AIRBUS FRONT 

Airbus Upbeat on Jet Market, Still Studying A380 Upgrade

Airbus sees continued strength in the aircraft market and may increase production of its most  popular jets above planned rates if the trend continues, the head of the European plane maker said On Friday April 17th.

Fabrice Bregier, chief executive of Airbus Group’s passenger jet division, predicated that Airbus would recapture the global crown from Boeing as deliveries of its new A350 model pick up while adding that market share was secondary to profitable growth.

Airbus expects to deliver 15 of the A350 planes this year told a group of journalists in Paris.

He reiterated that Airbus would not abandon the A380 after a period of weak orders, but would take careful look at the business case for the A380neo upgrade requested by the model’s biggest airline customer Emirates.

Airbus continues to expect more orders than deliveries in 2015, he also told members of the French AJPAE aerospace press association.

Source : Airbus/Yahoo Finance

BUSINESS/REGIONAL NEWS

MRJ First Flight Delayed Again

Mitsubishi Aircraft says the latest slip in the first flight schedule of its MRJ regional jet does not represent “major trouble” in the program.

In response to queries from Flightglobal, the Japanese manufacturer explains that in ground tests conducted thus far, ”a bug” has occurred in a portion of its software. Design changes also had to be made to some system parts.

As a result Mitsubishi has pushed back the first flight of its regional jet to September or October of 2015, from the second quarter.

In January, Mitsubishi started full-scale tests and also performed a first engine run on MSN 10001. It has since performed various ground tests including functional and performance tests for devices of its avionics, hydraulics, air conditioning, lighting and landing gear systems. It has also conducted vibration tests, electromagnetic tests, safety tests and taxi tests.

Source: Flightglobal/ Mistubishi Aircraft

OTHER AVIATION NEWS

Saudi Arabian Airlines (Saudia) to Buy More than 100 Aircraft

 Saudi1

The board of the Saudi Arabian Airlines (Saudia) has decided to increase the operations of the company under its five year plan from 2015-2020 by purchasing more than 100 new aircraft.

The airline is Saudi’s national flag carrier and director general Saleh bin Nasser Al-Jasser said the plan is meant to strengthen operational efficiency as part of the continuous modernization of the fleet.

The airline previously ordered 90 aircraft from Boeing and Airbus and all but 12 have not been delivered according to a senior official under the condition of anonymity.

Jasser said the arrival of the aircraft within its growing domestic passenger requirements and expand the airline’s international operations.

The five-year plan includes the empowerment of the airline staffs and modernization of the airline infrastructures and strategic units.

The board noted that one of the challenges facing the company is the disruptions of its operations by sandstorms. Airlines have been obliged to delay or postpone their scheduled flights when airports are hit by it due to passenger and aircraft safety.

Many airports are affected by it in Saudi Arabia. Measures to reduce the effects of weather changes were discussed by the board.

Source: Middle East Confidential

 

Spains Air Europa Details Boeing 787 Plans

air-europa-787-9-rendering-courtesy-boeing

Spanish carrier Air Europa has launched scheduled flights between Madrid and Miami with its first Boeing 787 as it prepares to take 22 of the new twin jets.

Privately owned Air Europa is bringing in 22 787-8s and 787-9s to completely replace its Airbus A330 long-haul fleet. The airline has acquired the aircraft through two commitments, one for eight aircraft and a follow-on order for further 14, which was announced in January of this year.

Juan Jose Hidalgo, president of Air Europa parent company Globalia corp., previously said

the aircraft will grow the business by around 50%.

Air Europa’s first four 787s will arrive by the end of 2016, doubling to eight aircraft by 2018. ”The airline will have a total of 22 Dreamliners all operational by 2022, completely replacing its long-haul fleet of A330s,” Air Europa said in a statement.

It has been configured with 252 seats, including 18 in business and 21 in Air Europa’s newly introduced premium economy cabin. Air Europia, which has a hub at Madrid Barajas, serves 36 destinations in Europe and the Americas.

Source : ATW/picture Boeing

GTF Leads Pratt to Shift Business Model to Aftermarket Focus

With 80% of the more than 6300 geared turbofan (GTF) engines sold by Pratt and Whitney covered by a long-term maintenance service contract with the engine manufacturer, Pratt is shifting its commercial business model.

The PW1100G powering the Airbus A320neo will launch the GTF family of engines into the market when the re-engined narrow body enters service later this year.

But the transition to the GTF is about much more for East Hartford, Connecticut-based Pratt than the engine’s geared architecture that promises to provide a significant fuel burn improvement. ”We’re transitioning from a purely transitional market to a service market”. Pratt

president-aftermarket Mathew Bromberg told reporters during a briefing in East Hartford.

The sale of the engine is merely the starting point. Pratt now has long-term service agreements on about half of its in-service commercial aircraft engines, but in the future the vast majority of its engines-particularly in the GTF family- will be under such contracts. Pratt will collect “a staggering amount of data” from in-service GTF engines and use this information to manage engine performance for its airline customers, Bromberg said.

Source : ATW/Pratt&Whitney

ANA Reveals Star Wars Livery on Boeing 787-9

All Nippon Airlines (ANA) has unveiled a new “ Star Wars” livery on its latest Boeing 787-9 that marks the start of a five-year tie up with The Walt Disney Company (Japan).

Painted with the iconic R2-D2 character, the plane’s design was unveiled to fans of the popular science fiction franchise in the United States on April 16th.

yourfile

yourfile

ANA says the “Star Wars” painted aircraft will take to the skies in the third quarter of 2015, but the routes it will operate on have not yet been determined.

“We’re proud of the innovative R2-D2 design, and we look forward to witnessing the first-ever flight of a passenger aircraft featuring “Star Wars” character. We’re confident that “Star Wars” fans around the world will absolutely love the design,” says Kayleen Walters, vice president of marketing at Lucasfilm Ltd.

The launch of “Star Wars” livery also follows ANA’s earlier announcement that it will launch a Tokyo Narita-Houston service from june 12th, making the carrier’s tenth North American destination.

Source : Flightglobal/ANA Photo.

 

LATEST NEWS IN BRIEF  

  • United Airlines has converted 10 firm orders for the Boeing 787 to the 777-300ER. The 777-300ER order is valued at $3.3 billion at list prices.
  •      yourfile
  • LAN CHILE has inaugurated its Boeing 787 service from Chilean capital Santiago to Auckland  in New Zealand.

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  • Boeing Business Jets announced that the company is studying offer ability of a BBJ Combi, allowing  customers to have a split configuration of both passengers and cargo at the same time.
  • Azul Brazilian Airlines has renewed a maintenance agreement under which ATR will provide full aftermarket support to Axul’s fleet of nearly 60 ATR aircraft.
  • QantusLink will create a Boeing 717 heavy maintenance base in Canberra, creating up to 40 engineering jobs in the Australian capital.
  • Airbus has selected Korean Air Aerospace Division to supply the new Sharklet wingtip for the A330neo.
  • EasyJet took delivery of its 250th Airbus A320 family aircraft.
  • Airbus announced that it has surpassed 1,500 A330 orders with recent orders from Turkish Airlines for four A330-200Fs and ALC for 25 A330-900neos.
  • KLM has taken delivery of its 24th Boeing 777-300ER at Amsterdam Airport from Everett, Washington.
  • UTC Aerospace Systems was selected by Qatar Airways to supply wheels and Duracarb carbon brakes for 43 Airbus A350-900s.
  • Emirates Airlines announced a $9.2 billion order for Rolls- Royce engines as power plant to equip 50 Airbus A380s.
  • Air Tahiti Nui (ATN), the major carrier of French Polynesia, has confined its order for two 787-9s.
  • Air Lease Corp. announced a long-term agreement with Aeromexico for one new Boeing 787-9.This aircraft is from ALC’s order book with Boeing is scheduled for delivery in the fall of 2016.
  • GE Aviation announced the GE90 engine, which was the first jet engine to utilize composite fiber polymeric material on the front fan blades 20 years ago.

 

AIR CARGO

Cathay Pacific Issues Latest Ban on Lithium Batteries 

Cathay Pacific joined Qantas, Delta, United and Virgin Australia in banning the shipment of lithium-ion batteries on either freighters or in the bellies of passenger aircraft. The rule only applies to batteries being shipped in bulk, not those that are being used in laptop computers, mobile phones or similar devices.

747-400 BCF First Flight Takeoff

747-400 BCF First Flight Takeoff

Cathay’s cargo director, James Woodrow, made the announcement to his staff in the carrier’s monthly newsletter. Woodrow is also the chair of IATA’s cargo committee, where lithium batteries, and their safe transport, were discussed in March at the World Cargo Symposium in Shanghai, and viewed as an industry challenge. The international Coordination Council of Aerospace industry Associations, which represents Boeing and Airbus, called for stronger packaging and handling regulations for batteries being shipped on freighters.

Tests performed by the Federal Aviation Administration(FAA) concluded that lithium batteries consistently discharge explosive gases when they overheat or short-circuit. The build-up of gases, mostly hydrogen, can lead to explosions or fire. It’s common for tens of thousands of batteries to be packaged into one shipping container.

Source: Air Cargo World/Cathay Pacific

                         Atlas Airs First Quarter Figures Soar From Extra Charters

That which did not sail by sea was sent by air in the first quarter of 2015, and Atlas Air Worldwide Holdings was there to reap the benefits. The Purchase, New York based charter airline and aircraft lessor reported net income of US$29 million in the first quarter of 2015, compared to $7.9 million during the same period in 2014. This is almost quadruple year-over-year results.

Atlas Air 747-8F Artwork

Atlas Air 747-8F Artwork

While commercial cargo demand was clearly boosted by the long-running port congestion problems on the West Coast of the United States in January and February, which led to spike on charter activity. Atlas also said it benefited from a major automobile recall and “better-than expected military cargo and passenger demand.”

The company reported free cash flow of $80.2 million in the first quarter, compared with $36.9 million in 2014.Operating income for the quarter also more than doubled to $57 million, year-on-year. ”We are off to a very good start in 2015 and look forward to a strong year,” said William J.Flynn, president and CEO.”As a result, we now expect our full-year results to increase significantly compared with 2014.”

Atlas said it expected airfreight demand to continue at between 4 and 5 percent, per year, through 2016,and commented that its customers are also performing at above market levels.

Source:   Air Cargo World/Atlas Air/Atlas Air Picture

 

Researched and Compiled by : Ed Kaplanian

Commercial Aviation Advisor

Contact – ed@kaplanianreport.com