Dutch State to match France’s stake in Air France-KLM

In a move that came as a surprise to Air France-KLM’s Board and the French government, the Dutch State acquired a 12.68% stake in Air France-KLM Group, valued at US $774 million. In the near future, the Dutch Finance Ministry plans to match the French Government’s 14.3% stake in the holding company through the purchase […]

LATAM outlines plans to cut freighters

Santiago-based LATAM Airlines’ cargo division had another rough quarter during 3Q16, and in response to the twin forces of overcapacity and persistently challenging market conditions, has outlined plans to further reduce its freighter fleet. From an operational standpoint, after eleven consecutive quarters of falling gross revenues, Santiago-based LATAM Airlines finally caught a break, with total […]

Boeing releases its 2014 Freighter Forecast

Boeing’s new World Air Cargo Forecast 2014-2015, released this week, indicates that the global fleet of freighters will expand from the current 1,690 units to 2,730 units by the end of 2033. The fleet increase is in response to projected growth in air cargo demand of 4.7% per year over the next 20 years. Demand […]

New Airbus freighter forecast

Airbus released a new edition of its Global Market Forecast showing aircraft demand for 2014 through 2033. During the 20-year period Airbus predicts 31,358 aircraft will be delivered, of which just 803 will be freighters. The fleet prediction is based on average annual increases of 4.7% in passenger demand and 4.5% in cargo demand. The freight […]
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