STAT Times Newsletter October 17, 202

STAT Times Newsletter October 17, 202

“A storm is coming for the air freight market…”

The air freight market is expected to face a tough year-end peak season, with rising Asian freight rates driven by demand surges from the Red Sea Crisis and e-commerce growth, according to Xeneta. Read More...

Boeing to stop 767F production, lay off 17,000 employees

Boeing will end 767 freighter production in 2027. Boeing also stated that its next-generation 777-8 freighter won't be ready for commercial use until 2028. Read More...

Changi Airport Group opens refurbished Changi Nexus One

Changi Nexus One, with direct apron connectivity, is designed to accommodate two tenants for fast cargo handling. Read More...

Embraer’s E-Freighter gets FAA certification

E-Jets converted to freighters will have 40% more volume capacity and 30% lower operating costs than larger narrowbodies. Read More...

Fly Vaayu makes its maiden landing at Ras Al Khaimah Airport

The milestone was achieved with the successful landing of its ferry flight at Ras Al Khaimah International Airport (RKT). The aircraft, registered as A6-RMA, is the world’s third Airbus A320P2F. Read More...

Ethiopian Cargo appoints Dereje Derero as Managing Director

Ethiopian Cargo & Logistics Services has appointed Dereje Derero as the new Managing Director. The airline also announced the appointment of managers to drive expansion. Read More...

Challenge Group completes B767 conversion programme

The addition of new freighters, registered as 9H-CAD and 9H-CAH, expands Challenge Group's fleet of Boeing 767-300BDSF aircraft to four. Read More...

Saudia Cargo, Cluster2 Airports sign deal to enhance cargo operations

The partnership aims to strengthen operations by focusing on new destination launches and expanded freight capacities. Read More...

United cargo revenue tops $1bn, up 12% in 9M2024

United Airlines reported a 12 percent increase in cargo revenue at $1.22 billion for the first nine months of 2024 compared to $1.09 billion in the same period last year. Read More...


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