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Airbus Forecasts $4.6tn Global Market for Commercial Aircraft

Airbus’ new Global Services Forecast has predicted $4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037. Major aircraft manufacturing company said the new analysis was based on a three-way market segmentation, respectively focusing on the aircraft, the airline operation, and the passenger experience. According to Airbus, aircraft-focused lifecycle services

DHL Express Strengthens Unmatched Intercontinental Network with Order of 14 New Boeing 777 Freighters

From left to right: Kevin McAllister CEO Boeing Commercial Airplanes; Ihssane Mounir, VP Sales & Marketing The Boeing Company; Dan Abraham, VP Sales Europe Boeing Commercial Airplanes; Ken Allen, CEO DHL Express; Charlie Dobbie, COO DHL Express; Mike Parra, CEO DHL Express Americas.Business Wire   At the Farnborough International Airshow, DHL Express

UPS, Teamsters reach five-year Freight labour pact

  Threatened strike averted with agreement hammered out before Aug. 1 deadline.   UPS and the International Brotherhood of Teamsters, which represents about 11,000 UPS Freight employees, have reached a tentative agreement for a new five-year master contract. “With agreements now reached for both the freight and small package national master contracts, discussions continue

Airlines are starting to worry about rising fuel costs

Delta cargo High fuel prices are becoming a big problem for airlines.   Delta Air Lines cut its full-year earnings outlook Thursday, a day after American Airlines warned that its costs and sales would be lower than expected last quarter. The culprit: Delta's fuel cost $654 million more in the second quarter than a year ago,

Panalpina opens logistics centre in Singapore

On Tuesday, Swiss forwarder Panalpina opened a six-floor, 25,800-square-meter air- and ocean freight logistics center in Singapore, targeting demand for its services from clients in the energy, healthcare, technology, manufacturing and fashion industries operating through the tiny nation. In his remarks at the opening ceremony, Panalpina CEO Stefan Karlen said, “more