Category Archives: International

Etihad Engineering awarded Boeing 737 Heavy Maintenance Contract

Etihad Engineering has been awarded a heavy maintenance contract by Virgin Australia for its Boeing 737 fleet. The scope of the contract covers heavy maintenance and modifications on more than 30 nose-to-tail aircraft for the largest airline by fleet size under the Virgin brand. The contract was announced during the Dubai Airshow. Etihad Engineering is showcasing its comprehensive range of aircraft maintenance and engineering solutions at Stand 1110 at the show, taking place from November 14 to 18, 2021. Abdul Khaliq Saeed, Chief Executive Officer, Etihad Engineering, says, “We are pleased to welcome another valued customer from Australia to our facility in Abu Dhabi. With Australian borders reopening and international flights resuming, we are all geared up to support the Virgin Australia team ensuring its Boeing 737 fleet continue to take to the skies in top shape as they meet the projected increase in passenger demand.” Stuart Aggs, Chief Operations Officer, Virgin Australia, says, “As domestic and international flying ramps up from an Australian perspective, Virgin Australia is as focussed as ever on safety and on ensuring our aircraft operate at, and are maintained to, the highest possible standard.” Etihad Engineering has been consistently adding to its comprehensive capabilities on major commercial Boeing and Airbus platforms, including the A350 and the A320neo, and partnering with industry leaders regionally and globally to strengthen its global customer footprint beyond the Middle East across Europe, Asia, Africa, Australia and Latin America. Etihad Engineering’s state-of-the-art facility is located in Abu Dhabi, adjacent to Abu Dhabi International Airport, over an area of 500,000 sq. m., with 140,000 sq. m., dedicated to aircraft parking and preservation. Aircraft hangars at the facility cover approximately 66,000 sq. m., …

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Ethiopian Airlines, Boeing Sign MOU for B787 Landing Gear Exchange

At the Dubai Air Show, Boeing signed a memorandum of understanding with Ethiopian Airlines that will help the airline to bring cost savings to its maintenance operations with Boeing’s 787 landing gear exchange program. “As the fastest growing airline in Africa, much of our success depends on our ability to seek out new ways to drive operational efficiency in our processes,” said Tewolde GebreMariam, Group Chief Executive Officer, Ethiopian Airlines. “As the commercial airline market continues to recover, we believe these services offered by Boeing provide a reliable way to realize more stability and predictability in managing our overall maintenance operations and costs across our fleet.” With the landing gear exchange program, Boeing will guarantee availability of 29 landing gear shipsets wherever and whenever they are needed to support the Ethiopian 787 fleet, enabling more efficient and cost-effective maintenance operations. The Boeing 787 landing gear exchange program greatly simplifies the contracting, scheduling and management of the landing gear overhaul process. Through this program, air carriers can quickly exchange landing gears that need to be repaired or overhauled with a replacement set of certified landing gear from a dedicated resource pool maintained by Boeing. By managing all parts, engineering and technical aspects of the program, Ethiopian Airlines will have the flexible exchange solution they need to repair and replace landing gear while lowering inventory costs. Boeing will also provide access to loaner Landing Gear shipsets and parts during unexpected AOG situations.

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SANAD AND FAB CLOSE NEW $100 MN FINANCING AGREEMENT

Sanad, the global aerospace engineering and leasing solutions leader wholly-owned by Mubadala Investment Company PJSC (Mubadala), has secured a new US$ 100 million evergreen revolving credit facility with First Abu Dhabi Bank (FAB) the UAE’s largest bank and one of the world’s largest and safest financial institutions. The new financing deal, signed during this week’s Dubai Airshow 2021, extends Sanad and FAB’s 10-year relationship which has now seen the two UAE-based companies close over US$ 950 million worth of combined agreements. The various financings are extended in support of Sanad’s global spare engine leasing and component access portfolios. Troy Lambeth, Group Chief Executive Officer of Sanad, said: “Our longstanding banking relationship with FAB, the oldest and largest within Sanad, has played a key role in our growth as a reliable financial solutions provider within the industry. Working closely with each of our banking partners, we have been well positioned to provide attractive long-term financing solutions to our customers since our launch. We are delighted to see our relationship with FAB expand to this new facility as we now look to extend our product and service offerings further across the industrial services sector.”

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International aviation climate ambition reflects airlines’ net-zero goal

The International Air Transport Association (IATA) welcomed the commitments towards strengthening climate action made at COP26, and called on the global efforts to decarbonize aviation to be supported with practical, effective government policies. Management of international aviation’s climate commitments sits outside of the COP process and is the responsibility of the International Civil Aviation Organization (ICAO). Nevertheless, airlines at the 77th IATA AGM in Boston, October, agreed to achieve net-zero carbon emissions by 2050, in line with the stretch Paris agreement target to keep global warming to 1.5 degrees. “Airlines are on the pathway to net-zero carbon emissions, in line with the Paris agreement. We all want the freedom to fly sustainably. Reaching net-zero emissions will be a huge task requiring the collective effort of industry and support from governments. The pledges made at COP26 show that many governments understand the key to rapid progress is to incentivize technological change and fund innovative solutions. This is particularly true of sustainable aviation fuels, which will play a major role in addressing aviation’s environmental impact—they need the right incentives from governments to ramp-up production,” said Willie Walsh, IATA’s Director General.

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Boeing to open freighter conversion lines across North America and Europe

Boeing announced the addition of three conversion lines for 737-800BCF across North America and Europe. The company also signed a firm order with Icelease for eleven of the freighters as the launch customer for one of the new conversion lines. In 2022, the company will open one conversion line at Boeing’s London Gatwick Maintenance, Repair & Overhaul (MRO) facility, modifying 737-800 commercial aircraft into Boeing Converted Freighters and increasing its footprint in the Crawley area, and two conversion lines in 2023 at KF Aerospace MRO in Kelowna, British Columbia, Canada. “This new work for London Gatwick not only is a result of the cargo demand we’re seeing worldwide, but also because of the aviation industry’s valued position in the United Kingdom,” said Sir Martin Donnelly, president of Boeing Europe and managing director of Boeing in the UK and Ireland. “From Lossiemouth to Sheffield to Gosport to Crawley, Boeing’s footprint in the UK across defence, commercial and services is robust and growing, and today’s announcement is yet another in recent weeks that demonstrates our partnership here.”

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Fuel price hike forces private ICDs in Bangladesh to revise service charges

Private inland container depots (ICDs) in Chattogram announced the new rates of five service charges with retrospective effect from 4 November. “The cost of vehicles and equipment management of the private off-docks have increased following the price hike of diesel and kerosene. Therefore, the additional charges have been imposed to cover the additional fuel costs,” said BICDA President Nurul Qayyum Khan. Bangladesh Freight Forwarder Association (BAFA) and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have termed the move “illogical” as it will exponentially increase import-export costs. As per the new tariffs, the transport charge for a 20-foot container (between the port and depot) has been increased to Tk1,415 from Tk1,150.

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DHL Express launch new cargo airline to handle European cargo flights

DHL Express inaugurated a new cargo airline DHL Air Austria, headquartered at Vienna Airport. DHL Air Austria will handle European cargo flights in the future with eighteen Boeing 757 aircraft and around 176 pilots. The inauguration flight of the first registered Boeing 757 under the Austrian flag also took place in the presence of key partners from the responsible aviation authorities such as the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology and Austro Control. The founding of DHL Air Austria is an important milestone for DHL Express in Austria, which began 41 years ago: “With this important step, we are making our air freight network in Europe more flexible and stable, while at the same time continuing to meet our customers’ high demand for cross-border express deliveries and providing them with sufficient capacity,” says Ralf Schweighöfer, CEO, DHL Express Austria.

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AMERICAN AIRLINES CARGO CONTINUEs ROUTE EXPANSION WITH SERVICE TO NEW DELHI

American Airlines Cargo has further expanded its international network with the introduction of service to New Delhi, starting on Nov.12, 2021. American marks its return to the Indian capital city with a daily service from John F. Kennedy International Airport (JFK) to New Delhi Indira Gandhi International Airport (DEL). This expansion will be followed by daily service between Seattle-Tacoma International Airport (SEA) and Kempegowda International Airport Bengaluru (BLR) in early 2022, linking two critical global technology markets with the U.S. and beyond. The New Delhi service will operate using a Boeing 777-300ER aircraft, the largest widebody in American’s fleet. The freight forwarder community in India is eager to support the launch of this international service that will connect many commodities, such as leather products, textiles, ready-made garments, pharmaceuticals, machinery, and technology parts with destinations around the world via JFK. “India is a really exciting market for our cargo business and we are delighted to be returning to these key destinations. There has long been a demand from our customers in the region for a direct link with New York, and we anticipate strong support for the service,” said Tim Isik, Sales Director – EMEA & APAC for American Airlines Cargo.

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Evergreen expands fleet with more box ships and containers

Evergreen is adding to its fleet and equipment capacity with an order for two 24,000 teu ships from China’s Jiangnan shipyard and 55,500 containers from three manufacturers. The new buildings will cost $140m-$160m each and delivery is expected 2024-2025. The new containers will cost Evergreen $338.5m – 27,500nfrom Dong Fang International Container (Hong Kong), 15,000 from Guangdong Fuwa Equipment and 13,000 from CXIC Group. They comprise 20ft and 40ft units and will be delivered in mid-2022. Among liner operators, Evergreen now has the most newbuilding orders, with 78 vessels under construction. Alphaliner estimates that Evergreen’s orderbook-to-fleet ratio is around 45%. In September, Evergreen ordered 24 ships from another Chinese shipyard, CSSC Huangpu Wenchong Shipbuilding, 20 15,000 teu ships from Samsung Heavy Industries in March and two 24,000 teu ships from Hudong-Zhonghua Shipbuilding in June, as well as four 24,000 teu ships from Jiangnan Shipyard that are due for completion next year. Evergreen president Eric Hsieh said: “We never saw such high freight rates and the present situation is quite positive for liner operators’ future business prospects.”

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ECU WORLDWIDE LAUNCHES STUDY ON IMPACT OF API ADOPTION IN LOGISTICS

ECU Worldwide, global multi-modal logistics major launched an intensive industry study on ‘The state of API adoption within the freight forwarding market’. The study helps discern the impact of APIs on freight forwarders and understand the forwarders’ perspective on API adoption. This report is informed on a global survey of over 120 commercial freight forwarding companies. Here are some key takeaways from the report: * Technology limitations and data streamlining are major headwinds to API adoption – The logistics industry has been slow on the uptake with technology, which holds true with data capturing and building inter-stakeholder connectivity. * Lack of awareness is a significant deterrent to data standardization – The discussions on data quality go hand-in-hand with data standardization, as disparate data that do not conform to a particular set of standards will be essentially unusable. * Human-intensive operations likely the earliest workflows to be API integrated – Respondents pursuing data integrations do so by standardizing workflows within their organization in line with other industry stakeholders—both upstream and downstream. * Improved visibility and operational efficiency are low-hanging fruits of API adoption – Visibility and efficiency have been recurring themes within the survey, reflecting the positive correlation forwarders see with API integration. Tim Tudor, CEO ECU Worldwide, said, “Digitization and innovation will play a strong role in building visibility and creating integrated end-to-end solutions for cargo owners. ECU Worldwide wants to encourage the creation of a technology enabled eco-system and supply-chain focused tools to reduce the costs of logistics and make India’s exports more competitive. Stronger technology adoption in the logistics sector will also improve transparency, reliability and predictability in the supply chains across the globe.”

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