Air Cargo News.

 
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Jun 18, 2007

Atlas Air, Polar Air

Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, yesterday said it has entered into a joint venture agreement to build a new cargo warehouse at Seoul Incheon. The 12,000-sq.-m. Atlas Air Cargo Terminal, slated to open early next year, will be operated by AACT Co., a JV comprising Atlas Air and Sharp, a South Korean provider of maintenance, ground and related airline support services. It will be the first facility at Incheon to be at least partly owned by a foreign airline. Atlas Air has a 30% stake in AACT, Sharp holds 29% and the remainder is held by several individual South Korean investors. Jun 15, 2007

Bedek Aviation, Airbus

Israel's Bedek Aviation plans to develop cargo conversion for Airbus A340. Bedek Aviation Group has emerged as potentially the first company to launch a cargo version of the passenger A340 aircraft. Jun 12, 2007

Boeing

Boeing Sees 28,600 New Planes Over 20 Years Boeing forecast that 28,600 new aircraft worth about USD$2.8 trillion will be bought over the next 20 years on the back of rising demand for passenger travel and air cargo. Jun 14, 2007

Boeing

Engineers Boeing have completed 50 percent of the design for the new 777 Freighter. The completion of this work means that half of the detailed design of the 777 Freighter is defined and has been released to Boeing factories and its suppliers to begin building parts, assemblies and tools for the new cargo airplane. "We are seeing strong market acceptance for the 777 Freighter, along with a growing cargo market around the world. We have a broad set of customers for the new airplane that includes traditional cargo operators, airlines and leasing companies." Boeing is on schedule to complete the detailed design work and is on track to meet its commitments for the 777 Freighter's performance capabilities, Pastega said. The 777 Freighter will provide more capacity than any other twin-engine freighter and the lowest trip cost of any large freighter. The 777 Freighter has a revenue payload capability of 229,000 lbs (104 metric tonnes) and a range of 4,885 nautical miles (9,045 kilometers) with a full payload and general cargo market densities, making it the longest-range twin-engine freighter. Boeing launched the 777 Freighter in May 2005 with an order from Air France for five freighters. Boeing continues to work closely with Air France and other customers to complete the new cargo airplane's design. Jun 11, 2007

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