Drones may have an outsized impact on aviation security in the future

The beginning of a new year is often a time to reflect on events from the previous year to understand what may be ahead. Following two December incidents in which more traditional aviation operations were impacted – in one case, literally – by unmanned aerial vehicles (UAVs), how to handle the increasing ubiquity of drones […]
  • Caryn Livingston
  • January 4, 2019

Boeing invests in Matternet urban delivery drone platform

Through its Boeing HorizonX Ventures investment arm, Boeing led a round of funding in US-based Matternet, which the company will use to expand US and global operations of its on-demand drone delivery platform for urban deliveries. The funding round also included investments from Swiss Post, Sony Innovation Fund, and Levitate Capital, and raised US$16 million. […]
  • Caryn Livingston
  • June 27, 2018

Overheard at Cargo Facts Asia Part II: Carriers tell OEMs ‘Focus on Freighters’

    SHANGHAI – Yesterday, we started our two-part coverage of our annual “Overheard at Cargo Facts Asia” review. You can revisit that story here. Today, in part II we shift away from the air cargo market for a look at developments related to freighter aircraft: Carriers lobby OEMs to focus on freighters. The future supply […]
  • Charles Kauffman
  • May 8, 2018

E-Commerce elevates FedEx Express in 1QFY17

FedEx reported net profit up 3.3% y-o-y to $715 million in the first quarter of its 2017 fiscal year, driven primarily by the strong performance of its US Domestic overnight services, which saw substantial volume increases and stable yields. It should be noted that, for the first time, FedEx has added a new heading to […]
  • Charles Kauffman
  • September 22, 2016