A new airline industry forecast from the International Air Transport Association (IATA) shows that international freight volumes will expand at a compound annual growth rate of 4.1 percent over the next five years, suggesting a reasonably abrupt reversal of bad fortunes for a segment whose growth rate has averaged 0.63 percent a year since 2011. Emerging economies, particularly in the Middle East and Africa, will be the fastest growing markets, according to the report.
AIN Air Transport Perspective » October 27, 2014
After gaining 370-minute Etops certification for the A350-900 earlier this month, Airbus continues preparations for entry into service with additional approvals such as in-cockpit Wi-Fi and A330 common type rating (CTR), while also expanding parts inventories near customer bases.
Oil prices would have to drop far below $70 a barrel before OEMs feel any effect on demand for airliners, notwithstanding speculation that precipitous price declines could discourage airlines from committing to more efficient jets at a time when replacement demand accounts for half of all orders for new airplanes, according to Boeing analysis.
Airbus is discussing with airlines the possibility of building a version of the A321neo with enough range to replace the out-of-production Boeing 757. An Airbus spokesman confirmed the outreach effort, which remains at an early stage.
Nav Canada, UK NATS and Air France said they have demonstrated that aircraft can safely change their flight profiles to more efficiently cross North Atlantic airspace. The so-called Engage II project will lead to “significant changes” in oceanic procedures, Nav Canada said October 17.
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