Industry News

Dec 17, 2009 Memphis, Tennessee. (WSJ) - FedEx Corp. heralded growing momentum in the global economy and said the U.S. has "turned a corner," even as the package-delivery giant posted a 30% decline in quarterly profit and issued a lukewarm earnings forecast. Chief Executive Frederick Smith said volume trends ... Read more

757-200 Freighter

Dec 17, 2009 Dothan, Alabama -- Pemco World Air Services announced that it has reached an agreement to acquire the 757 cargo conversion operations and assets of California-based Alcoa-SIE Conversions LLC (ASCC). Under the agreement, Pemco will acquire key assets of ASCC, including its Boeing 757-200 Supplemental Type Certificate, ... Read more

Nov 30, 2009 (Shanghai) - Investigators in China have opened an inquiry after a Boeing MD-11 freighter, newly introduced to cargo carrier Avient Aviation, crashed on departure from Shanghai. Seven crew members were on board the aircraft, and preliminary information points to three fatalities. Avient says that the ... Read more

Nov 18, 2009 LIEGE - CARGO airline Avient is to take delivery of its first MD-11 freighter tomorrow. The ex- Varig Log aircraft is currently stored at Miami and will be delivered to Avient’s operations in Liège on 18 November. It will then enter service operating charter flights from Asia ... Read more

Oct 23, 2009 Miami, FL - Aeronautical Engineers, Inc (AEI) has been selected by MNG Airlines, based in Turkey, to provide one B737-400SF Passenger-to-Freighter conversion. A contract was signed at the ISTAT European conference in Dubrovnik. "We are very excited about this opportunity to work with MNG" stated Bob Convey, VP Sales & Marketing, who ... Read more

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