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- 1. Bravo Industries Orders 10 LM-100J Super Hercules Commercial Freighter Aircraft
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Bravo Industries has purchased ten LM-100J Super Hercules commercial freighter aircraft from Lockheed Martin. The LM-100J is the civil-certified version of Lockheed Martins proven C-130J Super Hercules aircraft. The first LM-100J is currently in production and will undergo an FAA type certificate update prior to delivery in 2018. Through select design innovations, the LM-100J will
- 2. Amadeus Buys TravelClick for US$1.52 Billion
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Amadeus has agreed to acquire TravelClick from Thoma Bravo, a leading private equity investment firm, for US$1.52bn. While Amadeus already has a strong portfolio of hotels from within the major brands, the TravelClick acquisition gives the company access to a good number of mid-chain and independent hotels that make up almost three-quarters of the market.
- 3. United Unveils Details of New Terminal B South Concourse at Houstons Bush Intercontinental Airp
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United Airlines has unveiled the dining and retail concessions for the airlines new Terminal B south concourse at Houstons George Bush Intercontinental Airport. The list is led by two new celebrity-chef venues with local and regional ties, and other first-time dining concessions with Texas roots, as well as several familiar airport favorites.
- 4. EgyptAir Orders Nine Boeing 737-800s
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EgyptAir has ordered nine Next-Generation Boeing 737-800s in a deal valued at US$864 million at current list prices. Eight of the airplanes will be financed by Dubai Aerospace Enterprise, headquartered in Dubai, United Arab Emirates.
- 5. Global Air Freight Demand Rose 5.9% in October 2017
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Global air freight demand, measured in freight tonne kilometers (FTKs), rose 5.9% in October 2017 compared to the same month last year period. This was a slowdown from the 9.2% annual growth recorded in September 2017 but still exceeded the average annual growth rate of 3.2% over the past decade.
- 6. Air Cargo Posts Strongest First Half-Year Growth Since 2010
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Asia Pacific airlines freight volumes grew 10.1% in June 2017 compared to the same period in 2016 and capacity grew by 7.8%. This contributed to a growth in freight demand of 10.1% in the first half of 2017 compared to the first half of 2016. Seasonally adjusted international freight volumes are now 4% above the level reached in 2010 following the global financial crisis bounce-ba
- 7. Air Cargo: FTKs Up 6.9% in January 2017
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IATA's global air freight market data shows that demand, measured in freight tonne kilometers (FTKs), rose 6.9% in January 2017 compared to the same month last year. While this was down from the 10% annual growth recorded in December 2016 it still was well above the average annual growth rate of 3% over the past five years.
- 8. Global Air Freight Demand Increases 13% in May 2017
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The latest global air freight data from IATA shows that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year average growth rate of 3.8%.
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