Aero acquisitions news and aviation information of interest
Aero Acquisitions Delivers CFM56-3C1 International Engine to Air Incheon Co. Ltd. South Korea
Air Incheon Co. Ltd. (South Korea) recently took delivery of a CFM56-3C1 engine from Aero Acquisitions (USA). The engine has 1986 cycles remaining, a thrust rating of 23,199 lbs., and an EGT margin of 23 degrees.
Aero Acquisitions Delivers CFM56-3C1 International Engine to Savannah Leasing (USA)
Savannah Leasing (USA) recently took delivery of a CFM56-3C1 International engine from Aero Acquisitions (USA). The engine has 1,000 cycles remaining, a thrust rating of 23,500 lbs., and an EGT margin of 11 degrees.
African Airlines Urged To Look To Opportunities At Home
“The continent is so big that it is hard for African airlines to meet requirements. African airlines rarely co-operate with each other, they prefer to co-operate with foreign airlines and we feel that if African airlines start co-operating between themselves there will be a big opportunity to be competitive.” SOURCE
Aero Acquisitions Delivers CFM56-B2 International Engine To FL Technics AB (Lithuania)
FL Technics AB (Lithuania) recently took delivery of a CFM56-B2 International engine from Aero Acquisitions (US). The engine had 2,676 cycles remaining, a thrust rating of 22,000 lbs, and an EGT margin of 28 degrees.
U.S. Airport Infrastructure Needs Through 2019 Total $75.7 Billion
Date: 03/19/2015ACI (US) says US airports have an estimated US$75.7 billion in infrastructure investment through 2019 necessary to accommodate growth in passenger and cargo activity, rehabilitate existing facilities, and support aircraft innovation. SOURCE
Boeing Current Market Outlook 2014-2033
Date: 03/19/2015In this forecast, we examine travel demand for 63 intraregional and interregional traffic flows. SOURCE
Air Traffic Keeps Climbing In 2015
Date: 03/19/2015Global traffic climbs 4.6% in January despite Lunar New Year timings. SOURCE
Re: Cargo Plane Sales and Conversions...Air Cargo Demand: Where We Are Right Now?
After a strong end to 2014, air cargo demand is again building in the run-up to Chinese New Year and forecasts are now suggesting that 2015 could see the sector further improve from where it was a year ago. SOURCE
Record 3.3 billion air passengers flew last year: IATA
A record 3.3 billion passengers boarded planes last year, marking a jump of some 170 million passengers from 2013, the International Air Transport Association (IATA) said on Thursday. Demand for the passenger business did well in 2014. With a 5.9-percent expansion of demand, the industry out-performed the 10-year average growth rate. More than half of the growth in passenger travel occurred on airlines in emerging markets, including Asia-Pacific and the Middle East.
Despite the swelling numbers of people traveling by air, Tyler cautioned that "there have been signs in recent months that softening business confidence is translating into a leveling off of international travel demand." SOURCE
Air Freight Industry- the imperative tool for Africa’s economic growth
Johannesburg, April 10, 2014: Air Cargo is key to the economic growth of any country, much so, in the case of emerging countries in Africa. Other nations are vying with each other to do business with Africa, in the process giving back what Africa needs in terms of growth.
Ever since the economic down turn in the recent past, there has been a global endeavour in search of fresh pastures for trade and business and it is no surprise that Africa is being explored for growth opportunities. Now that the growth potential of Africa has been identified, the Air Freight industry in Africa has been experiencing a spurt in growth. The air freight traffic in Africa is growing at an average of over 6% while the global average is 5.8%. Africa is behind only the Middle East and Asia Pacific in growth statistics
The growth in Air Freight industry has had a positive impact on the economic front with 28 out of 52 countries in Africa showing an average 5% annual growth which is likely to increase. Like any growth story has its teething troubles, Africa has also some issues, which have to be addressed, if the continent’s full potential for growth is to be tapped. SOURCE
Analysis: Demand Rises for Passenger To Cargo Aircraft Conversions
"...converted aircraft provide a lower capital cost option for freighter operators and offer owners and financiers an opportunity to extend the lives of assets that might otherwise be retired. In difficult times this should prove an attractive combination." SOURCE
Re PAX-TO-CARGO conversions..."The Boeing 737 family is seen to be the most preferred."
"737 conversions into freighters have been quite strong for the past years. This started with converting ageing B737-300 and -400 series aircraft which have been used on regional routes in Europe as well as the Far East." SOURCE
Boeing's Economic Outlook For Latin America 2015 and Beyond
"The economic outlook for Latin America and the Caribbean is fairly upbeat. The World Bank predicts that growth in the region will strengthen steadily from 2.9 percent in 2014, to 3.2 percent in 2015 and to 3.7 percent in 2016." SOURCE
Emirates International Air Cargo (UAE) to take delivery of first aircraft, a B737-400F
Emirates International Air Cargo (UAE) to take delivery of first aircraft, a B737-400F, serial 28151, following conversion later in 2014. Carrier has yet to begin operations. 13OCT2014 Fleet + Transactions Middle East + CIS. SOURCE
Re Cargo Aircraft Sales and Conversions, Excerpts from Boeing Current Market Outlook 2013 - 2032
World air travel has grown 5% per year since 1980 despite (a) 4 recessions, (b) 2 financial crises, (c) 2 gulf wars, (d) 1 oil shock, (e) one epidemic (SARS) and (f) 9/11.
20-year forecast: strong long-term growth 2013-2032...(a) world economy (GDP) expected to grow by 3.2%, (b) number of airline passengers by 4.1%, (c) airline traffic 5%, and (d) cargo 5%.
Emerging markets are driving the economic growth.
World air cargo traffic has grown 5.3% per year since 1980.
New freighter demand: 850 new, 1,450 converted from PAX.
Click here for full PDF report
PacAvi Group Announces Airbus A320 and A321 PAX-TO-CARGO Conversion Program
SAN DIEGO, Sept. 25, 2014 /PRNewswire/ -- PacAvi Group, Inc. (pacavi.com) announced today that it is spearheading a new program for conversions of Airbus A320 and Airbus A321 aircraft from passenger-to-freighter configuration.
PacAvi Group CEO, Dr. Stephan Hollmann, commented on the project: "We view this as an exciting opportunity. There are currently about 600 freighters of the size category of the A320 and A321 operating globally, and this market is set to grow rapidly in the BRIC countries and around the world. Right now the only products of similar capacity are from Boeing. We look forward to the opportunity to provide Airbus operators and others technologically advanced freighters at highly competitive price points." SOURCE
Aero Acquisitions (US) purchased vintage 1996 ex-Qantas B737-400HGW
Aero Acquisitions (US) purchased vintage 1996 ex-Qantas B737-400HGW, serial 28151, and will convert to freighter at PEMCO (US). SOURCESource
Aero Acquisitions (US) purchased vintage 1997 ex-Webjet B737-300
Aero Acquisitions (US) purchased vintage 1997 ex-Webjet B737-300, serial 28560, which was refurbished and delivered to startup Karinou Airlines (Central African Republic). 10JAN2014 Fleet + Transactions Africa, Americas. SOURCE
Aero Acquisitions (US) purchased vintage 1991 ex-American Airlines MD83
Aero Acquisitions (US) purchased vintage 1991 ex-American Airlines MD83, serial 53251, and delivered to World Atlantic Airways (US). 10JAN2014 Fleet + Transactions Americas. SOURCE