Nov 13, 2006
Lawmakers may push for mandatory cargo screening. Congressional Democrats may push for legislation requiring airlines to screen all cargo on passenger airliners. Some observers say such a rule would force airlines to consider ending cargo service. Freight produces 4% of airlines' annual revenue, according to the Air Transport Association. "Cargo on passenger aircraft is a very important reality in terms of the overall economy," says James May, Air Transport Association president and CEO.
Nov 10, 2006
AirBridge Cargo expects to carry more than 80,000 tonnes of cargo this year, generating more than $230 million in revenues. It said it plans to launch services from its Krasnoyarsk hub to Houston and New York via Europe next year and will announce the "exact timing of the launch and routings" later this year. VD said ABC and its outsize freight charter operations transported a combined 95,000 tonnes of freight in the first nine months of 2006, a record for the company, as its nine-month revenues rose 55% to $462 million. Nov 8, 2006
AirBridge Cargo, the 747F scheduled freight airline launched by Volga-Dnepr in 2004, said yesterday it has received an Air Operators' Certificate from the Russian government, which Volga-Dnepr called a "a key milestone" in its effort to establish ABC as an independent operator. "As well as ensuring clarity and focus within our scheduled business, this development also demonstrates greater business transparency to industry partners, such as aircraft suppliers, financial institutions, government authorities and, of course, most importantly, our customer base," ABC head Stan Wraight said. Nov 8, 2006
Airbus, Boeing, FedEx
FedEx Ditches A380, Switches To Boeing. FedEx Express said on Tuesday it would buy 15 Boeing 777-200F freighter aircraft and canceled its order of 10 A380-800F Airbus aircraft due to delays in delivery. FedEx said its agreement with Boeing also gives it options to purchase an additional 15 aircraft. It expects to take delivery of four of the 777 aircraft in 2009, eight in 2010 and the remaining three in 2011. Nov 7, 2006
Airbus[sup.1]s remaining A380 freighter orders must be reconfirmed. Airbus parent EADS said Wednesday it might see more cancellations of the freighter version of its A380 airliner. EADS CFO Hans-Peter Ring says the company needs to reconfirm the 15 remaining orders from UPS and International Lease Finance. FedEx earlier this week canceled its...