Emirates orders five more 777Fs, as Boeing strike looks set to end
Emirates has announced a freighter order – and perhaps surprisingly, given current news, has opted ...
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNING
Two interesting snippets from the Dubai Air Show. The first is that Qatar, which said it wouldn’t be buying aircraft, has instead expressed interest in buying airlines. It is eyeing a 49% share in India’s only airline to have made a profit for the past seven years. Under India rules, as an airline, Qatar was not allowed to take part in Indigo’s recent IPO, so must wait until shares start trading. The airline is also “very likely” to increase its stake in IAG.
Secondly, Etihad is taking two more 777 freighters currently under option. They will complement a fleet which already has three 777Fs, three 747Fs and four A330Fs. Market sources have recently indicated that Etihad is facing challenges, including the acquisition of Alitalia, as well as falling oil prices. But CEO James Hogan said the order demonstrated Etihad’s confidence in, and commitment to, the global freight market.
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