Competitor for An-124 heavylifter could be 20 years, and $30bn, away
The prospect of $30bn of investment and decades of development will thwart the hopes of ...
DHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWNKNIN: NEW MULTI-YEAR LOW TGT: YIELD RETURNPLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW
DHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWNKNIN: NEW MULTI-YEAR LOW TGT: YIELD RETURNPLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW
So the Farnborough Airshow – soggy, wet, noisy and busy, with an unmistakeable odour of aircraft fuel – continues. And, amid all the freight-irrelevant orders for narrowbodies and fighter jets, comes some cargo news. Interestingly, Azerbaijan’s Silkway, the world’s fastest-growing cargo carrier, is eyeing a greater fleet range. It has signed a contract with Ilyushin Finance Co and UAC for an AN-124-100, from Ruslan, in a deal which is expected to close in 30 days. The airline said it would be used for Iraq and Afghanistan, as well as the oil and gas business. Silkway could well become a nasty thorn in Volga-Dnepr’s side at this rate.
And there was more. Boeing revealed the names of three customers who have ordered conversions. Two 737-800BCFs apiece will go to Bulgaria’s Cargo Air and Colombia’s Lineas Aéreas Suramericanas, while Air Algérie has already committed to two. Another, unidentified, customer has ordered four of the integrator and Amazon favourite – the 767BCF – bringing Boeing up to 22 firm orders for the type.
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