Air Cargo News.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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Nov 10, 2006 AirBridge Cargo 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 ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. and its outsize out·size n. 1. An unusual size, especially a very large size. 2. A garment of unusual size. adj. also out·sized Unusually large, weighty, or extensive. 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 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, EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study 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 See Chief Financial Officer. Hans-Peter Ring says the company needs to reconfirm re·con·firm tr.v. re·con·firmed, re·con·firm·ing, re·con·firms To confirm again, especially to establish or support more firmly: reconfirmed the reservations. the 15 remaining orders from UPS and International Lease Finance. FedEx earlier this week canceled its orders for the A380. Nov 9, 2006 Airbus, FedEx Airbus received a further blow on Tuesday when FedEx said it cancelled its order for 10 A380-800F freighter aircraft because of delivery delays, opting instead to buy planes from rival Boeing. EADS finance head Hans Peter Ring meanwhile cast doubt over the A380 freighter version -- UPS has 10 on order, while International Lease Finance Corporation (ILFC ILFC International Lease Finance Corporation ILFC International Lunar Finance Commission (TV show: Space: 1999) ) has five The biggest buyer of the world's biggest plane, Emirates, said last month it would send its own audit team to Airbus before entering talks to address the A380's two-year delay. Emirates has 43 of the USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $300 million planes on order. Investors are also keen to hear news on whether Airbus EADS plans to go ahead with the development of the A350 XWB XWB Extra Wide Body (Airbus) mid-sized aircraft, crucial if Airbus wants to take on Boeing's fast-selling 787 Dreamliner. Nov 8, 2006 Atlas Air Despite sinking profits, Atlas promises better results. Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo Polar Air Cargo is an American cargo airline based in Purchase, New York, USA. It operates scheduled all-cargo services to Asia, Europe, Australia, New Zealand and the Americas. Its main base is John F. , reported third-quarter net income of $7.1 million, significantly narrowed from a $29.9 million profit in the year-ago quarter. Nov 9, 2006 Baltimore/Washington airport Construction completed at BWI BWI abbr. British West Indies . A massive construction project has been completed at Baltimore/Washington airport after five years of work. The $1.4 billion capital improvement is the most expensive in the airport's history and allowed it to nearly double the width of the upper and lower roadways to help ease congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. . Nov 6, 2006 FedEx FedEx to raise air, ground rates next year. FedEx says it will boost its air and ground rates in 2007. Rates at the company's air cargo subsidiary will climb 3.5%. Competitor UPS says it will announce its rate increase for 2007 during the next two weeks. Nov 6, 2006 TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. TNT sells logistics unit for $1.9 billion. TNT yesterday officially completed the sale of its logistics unit to Apollo Management for $1.9 billion. Nov 7, 2006 UPS UPS will cut more jobs in 2007. UPS says it will cut an undetermined number of jobs next year. The cuts are part of the company's effort to become seamless after years of growth and acquisitions. The company says it will consolidate support functions that exist at each of its major units. Nov 9, 2006 UPS UPS plans to deliver 21 million packages on busiest day. UPS says it will deliver 21 million packages on Dec. 20, its busiest day of the year. UPS, which currently delivers 15 million packages a day, will hire seasonal workers to accommodate the high volume. Nov 7, 2006 UPS UPS jetliners feature advanced avionics. The FAA is strongly encouraging airlines to equip their fleets with Automatic Dependent Surveillance-Broadcast Automatic dependent surveillance-broadcast (ADS-B) is a function on a properly equipped aircraft or surface vehicle that periodically broadcasts its state vector (horizontal and vertical position, horizontal and vertical velocity) and other information. avionics, but few have done so. UPS has had ADS-B ADS-B Automatic Dependent Surveillance - Broadcast systems installed on its flight decks for some time, and it plans major software advancements with the system on its 757 and 767 fleet next year. The FAA hopes the freight carrier's decision will encourage other airlines to purchase the equipment. Nov 6, 2006 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Oct 30, 2006 |
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