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  • Boeing employees who designed and built the first 747, known as "Incredibles," were honoured at Everett factory

    #Boeing #AtlasAir #aircargo #jumbojet #Incredibles #QueenoftheSkies
    Boeing employees who designed and built the first 747, known as "Incredibles," were honoured at Everett factory #Boeing #AtlasAir #aircargo #jumbojet #Incredibles #QueenoftheSkies
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    Boeing, Atlas Air celebrate delivery of final 747
    Boeing employees who designed and built the first 747, known as "Incredibles," were honoured at Everett factory
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  • WFS wins contract for Zongteng Group’s new Boeing 777 freighter flights at Paris Charles de Gaulle International Airport

    #WFS #ZongtengGroup #Boeing777freighter #ParisCharlesdeGaulleInternationalAirport #aircargo
    WFS wins contract for Zongteng Group’s new Boeing 777 freighter flights at Paris Charles de Gaulle International Airport #WFS #ZongtengGroup #Boeing777freighter #ParisCharlesdeGaulleInternationalAirport #aircargo
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    WFS to handle 777F services for Zongteng Group
    WFS wins contract for Zongteng Group’s new Boeing 777 freighter flights at Paris Charles de Gaulle International Airport
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  • Tune into this week's episode of #Cargoshots powered by Group Concorde for a quick recap of some of the latest #airfreight and #logistics news.

    Freightos was listed on Nasdaq in a grand ceremony with CEO Zvi Schreiber ringing the opening bell, and the first day saw trades of 244,040 shares. Air Canada appoints Jon Turner as VP, #cargo

    Also featuring American Airlines, Boeing, WiseTech Global, Envase Technologies, Etihad Cargo, Amazon Air, and Quickjet Cargo Airlines Pvt. Ltd.

    #aircargo #freighters #logistics #Freightos #AirCanada #AirCanadaCargo #AmericanAirlines #Boeing #WiseTech #Envase #EtihadCargo #AmazonAir
    Tune into this week's episode of #Cargoshots powered by Group Concorde for a quick recap of some of the latest #airfreight and #logistics news. Freightos was listed on Nasdaq in a grand ceremony with CEO Zvi Schreiber ringing the opening bell, and the first day saw trades of 244,040 shares. Air Canada appoints Jon Turner as VP, #cargo Also featuring American Airlines, Boeing, WiseTech Global, Envase Technologies, Etihad Cargo, Amazon Air, and Quickjet Cargo Airlines Pvt. Ltd. #aircargo #freighters #logistics #Freightos #AirCanada #AirCanadaCargo #AmericanAirlines #Boeing #WiseTech #Envase #EtihadCargo #AmazonAir
    WWW.STATTIMES.COM
    Cargo Shots by The STAT Trade Times - 27 January 2023
    Cargo Shots by The STAT Trade Times powered by Group Concorde - 27 January 2023 Our pick of the best news that made headlines this week from the world of air cargo.
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  • A TrueChoice services extension has been agreed upon for Cargolux’s fleet of Boeing 747-8F fleet powered by GEnx-2B engines

    #Cargolux #GEAerospace #aircargo #Boeing #Boeing747_8F #GEnx2Bengines #CO2 #sustainability #cargofleet #aircraftengine #NOxemissions #fuelefficiency #sustainableaviationfuel #jetkerosene #enginemaintenance #analyticcapabilities #maintenance #service #jetengines #components #commercialaircraft #militaryaircraft
    A TrueChoice services extension has been agreed upon for Cargolux’s fleet of Boeing 747-8F fleet powered by GEnx-2B engines #Cargolux #GEAerospace #aircargo #Boeing #Boeing747_8F #GEnx2Bengines #CO2 #sustainability #cargofleet #aircraftengine #NOxemissions #fuelefficiency #sustainableaviationfuel #jetkerosene #enginemaintenance #analyticcapabilities #maintenance #service #jetengines #components #commercialaircraft #militaryaircraft
    WWW.STATTIMES.COM
    Cargolux & GE Aerospace enter long-term agreements
    A TrueChoice services extension has been agreed upon for Cargolux’s fleet of Boeing 747-8F fleet powered by GEnx-2B engines
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  • NASA, Boeing and partners aim to cut fuel use and emissions up to 30% in single-aisle airplanes

    #Boeing #NASA #aviation #sustainable #sustainableflightdemonstrator
    NASA, Boeing and partners aim to cut fuel use and emissions up to 30% in single-aisle airplanes #Boeing #NASA #aviation #sustainable #sustainableflightdemonstrator
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    Boeing wins NASA sustainable flight demonstrator contract
    NASA, Boeing and partners aim to cut fuel use and emissions up to 30% in single-aisle airplanes
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  • The global satellite manufacturing and launch system market size is expected to reach USD 54.17 billion in 2027, exhibiting a CAGR of 12.45% during the forecast period, states Fortune Business Insights, in a report, titled “Satellite Manufacturing and Launch System Market Size, Share & Industry Analysis, By Type (Satellite Manufacturing and Satellite Launch Systems), By Application (Communication Satellite, Military Surveillance, Navigation Satellite, Earth Observation Satellite, and Others), By End-Use (Commercial and Military), and Regional Forecast, 2020-2027.” The market size stood at USD 23.83 billion in 2020.

    The Report Lists the key Players in the Satellite Manufacturing and Launch System Market:

    Airbus S.A.S (The Netherlands)
    Arianespace (France)
    Boeing (The U.S.)
    GeoOptics (Canada)
    ISISPACE GROUP (The Netherlands)
    JSC Academician M.F. Reshetnev (Russia)
    Lockheed Martin Corporation (The U.S.)
    Maxar Technologies (The U.S.)
    SpaceX (The U.S.)
    ViaSat Inc. (The U.S.)
    Information Source -

    https://www.fortunebusinessinsights.com/satellite-manufacturing-and-launch-systems-market-103549

    Market Overview:

    Heavy Investments in Space Missions to Bolster Growth

    The surging investment by government and space agencies in developing technologically advanced satellite launch vehicles is expected to foster healthy growth of the satellite manufacturing and launch system industry. According to the Department of Defense (DOD), the USD 14.1 billion was requested for National Security Space (NSS) in 2020 compared to the USD 12.3 billion in 2019. Out of the total amount, USD 8.4 billion, USD 2.6 billion, and USD 3.0 billion are allocated for the research, development, test, evaluation (RDT&E), procurement, and operation & maintenance. Furthermore, the increasing collaboration and agreement between space companies and government organizations to develop innovative SLVs will foster the satellite manufacturing and launch system market growth. For instance, SpaceX collaborated with NASA to design and develop reusable satellite launch vehicles to minimize the overall program cost and space debris around the earth's orbit. Similarly, Europe Space Agency (ESA) increased its focus on Ariane 6, an expendable launch system, thus boosting the satellite manufacturing and launch system production.

    Suspended Satellite Launches to Inhibit Market during Coronavirus

    The lockdown in major countries such as the U.S., France, Germany, China, India, and Japan severely impacted the space industry, suspending all space-related activities. Major companies such as Space X, United Launch Alliance (ULA), Rockets Labs, and Blue Origin have reformed their production structure for launch vehicles and satellites. According to the U.S. Department of Commerce, around 92% of space-based firms with research and development as a primary business capability were small businesses. These firms experienced a major hit from the pandemic. Moreover, prominent companies' implementation of various strategies to sustain recovery can subsequently elevate the satellite manufacturing and launch system market amid pandemic.

    Regional Analysis:

    Government Support for Reusable Launch Systems to Promote Growth in North America

    The satellite manufacturing and launch system market in North America is expected to exhibit a rapid growth rate during the forecast period due to the high investments by the U.S. government and space agencies in manufacturing reusable launch systems. For instance, in September 2019, NASA awarded a contract worth USD 4,600 million to Lockheed Martin Corporation to supply six reusable Orion crew capsules integrated with lightweight 3D printed modules. Asia Pacific is expected to hold the largest share during the forecast period. The growth is attributed to growing satellite launch infrastructure and satellite launch programs from China, India, and Australia. For instance, in November 2020, the Indian Space Research Organization (ISRO) successfully launched 10 satellites consisting of earth observation satellites and payload

    Key Development:

    October 2020: The Boeing Company was granted a contract worth USD 298 million by the U.S. Space Force for next-generation SATCOM satellites. Under this contract, The Boeing Company is expected to design and develop an intricate military satellite and payload architecture system.

    The global satellite manufacturing and launch system market size is expected to reach USD 54.17 billion in 2027, exhibiting a CAGR of 12.45% during the forecast period, states Fortune Business Insights, in a report, titled “Satellite Manufacturing and Launch System Market Size, Share & Industry Analysis, By Type (Satellite Manufacturing and Satellite Launch Systems), By Application (Communication Satellite, Military Surveillance, Navigation Satellite, Earth Observation Satellite, and Others), By End-Use (Commercial and Military), and Regional Forecast, 2020-2027.” The market size stood at USD 23.83 billion in 2020. The Report Lists the key Players in the Satellite Manufacturing and Launch System Market: Airbus S.A.S (The Netherlands) Arianespace (France) Boeing (The U.S.) GeoOptics (Canada) ISISPACE GROUP (The Netherlands) JSC Academician M.F. Reshetnev (Russia) Lockheed Martin Corporation (The U.S.) Maxar Technologies (The U.S.) SpaceX (The U.S.) ViaSat Inc. (The U.S.) Information Source - https://www.fortunebusinessinsights.com/satellite-manufacturing-and-launch-systems-market-103549 Market Overview: Heavy Investments in Space Missions to Bolster Growth The surging investment by government and space agencies in developing technologically advanced satellite launch vehicles is expected to foster healthy growth of the satellite manufacturing and launch system industry. According to the Department of Defense (DOD), the USD 14.1 billion was requested for National Security Space (NSS) in 2020 compared to the USD 12.3 billion in 2019. Out of the total amount, USD 8.4 billion, USD 2.6 billion, and USD 3.0 billion are allocated for the research, development, test, evaluation (RDT&E), procurement, and operation & maintenance. Furthermore, the increasing collaboration and agreement between space companies and government organizations to develop innovative SLVs will foster the satellite manufacturing and launch system market growth. For instance, SpaceX collaborated with NASA to design and develop reusable satellite launch vehicles to minimize the overall program cost and space debris around the earth's orbit. Similarly, Europe Space Agency (ESA) increased its focus on Ariane 6, an expendable launch system, thus boosting the satellite manufacturing and launch system production. Suspended Satellite Launches to Inhibit Market during Coronavirus The lockdown in major countries such as the U.S., France, Germany, China, India, and Japan severely impacted the space industry, suspending all space-related activities. Major companies such as Space X, United Launch Alliance (ULA), Rockets Labs, and Blue Origin have reformed their production structure for launch vehicles and satellites. According to the U.S. Department of Commerce, around 92% of space-based firms with research and development as a primary business capability were small businesses. These firms experienced a major hit from the pandemic. Moreover, prominent companies' implementation of various strategies to sustain recovery can subsequently elevate the satellite manufacturing and launch system market amid pandemic. Regional Analysis: Government Support for Reusable Launch Systems to Promote Growth in North America The satellite manufacturing and launch system market in North America is expected to exhibit a rapid growth rate during the forecast period due to the high investments by the U.S. government and space agencies in manufacturing reusable launch systems. For instance, in September 2019, NASA awarded a contract worth USD 4,600 million to Lockheed Martin Corporation to supply six reusable Orion crew capsules integrated with lightweight 3D printed modules. Asia Pacific is expected to hold the largest share during the forecast period. The growth is attributed to growing satellite launch infrastructure and satellite launch programs from China, India, and Australia. For instance, in November 2020, the Indian Space Research Organization (ISRO) successfully launched 10 satellites consisting of earth observation satellites and payload Key Development: October 2020: The Boeing Company was granted a contract worth USD 298 million by the U.S. Space Force for next-generation SATCOM satellites. Under this contract, The Boeing Company is expected to design and develop an intricate military satellite and payload architecture system.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Satellite Manufacturing and Launch System Market Size [2027]
    The global satellite manufacturing and launch system market is projected to grow from $23.83 billion in 2020 to $54.17 billion in 2027 at a CAGR of 12.45%
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  • Cargo revenue tonne miles declined 9% to just over 3 billion compared to 3.3 billion in 2019

    #United #UnitedAirlines #aviation #Boeing #Boeing787Dreamliners #Boeing737MAX
    Cargo revenue tonne miles declined 9% to just over 3 billion compared to 3.3 billion in 2019 #United #UnitedAirlines #aviation #Boeing #Boeing787Dreamliners #Boeing737MAX
    WWW.STATTIMES.COM
    United cargo revenue up 84% at $2.2bn in 2022
    Cargo revenue tonne miles declined 9% to just over 3 billion compared to 3.3 billion in 2019
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  • A second B777 freighter is expected to enter service in Q3 2023, and there will then be 6-8 direct flights per week from Shenzhen to Paris. In 2024, the total annual cargo capacity is projected to reach 28,000 tonnes

    #ZongtengGroup #Boeing #Parisairport #aircargo #Boeing777Ffreighter #XiaoyangJiang #customs #transporthubs #B777freighter #internationaltrade #ecommerce #fulfillmentwarehouses #supplychaininfrastructure #SinoEuropean #crossbordertrade #freighters #airfreight #supplychain #integratedlogisticssolutions #fulfillmentservices #supplychainsolutions
    A second B777 freighter is expected to enter service in Q3 2023, and there will then be 6-8 direct flights per week from Shenzhen to Paris. In 2024, the total annual cargo capacity is projected to reach 28,000 tonnes #ZongtengGroup #Boeing #Parisairport #aircargo #Boeing777Ffreighter #XiaoyangJiang #customs #transporthubs #B777freighter #internationaltrade #ecommerce #fulfillmentwarehouses #supplychaininfrastructure #SinoEuropean #crossbordertrade #freighters #airfreight #supplychain #integratedlogisticssolutions #fulfillmentservices #supplychainsolutions
    WWW.STATTIMES.COM
    Zongteng Group welcomes its first Boeing 777F freighter to Paris airport, deepens Euro ties
    A second B777 freighter is expected to enter service in Q3 2023, and there will then be 6-8 direct flights per week from Shenzhen to Paris. In 2024, the total annual cargo capacity is projected to...
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  • The global reusable launch vehicle market size is predicted to hit USD 3.68 billion by 2029 and exhibit a CAGR of 10.51% during the forecast period. The rising space exploration programs and soaring government investments are projected to boost the market expansion. Fortune Business InsightsTMhas presented this information in its report titled, “Reusable Launch Vehicle, 2022-2029”. The market size stood at USD 1.39 billion in 2021 and USD 1.83 billion in 2022.

    Further, the escalating adoption of high density and specific liquid propellants is anticipated to favor the market expansion in the forthcoming years.

    List of Key Market Players-

    ArianeGroup (France)
    Blue Origin LLC (U.S.)
    Lockheed Martin Corporation (U.S.)
    National Aeronautics and Space Administration (NASA) (U.S.)
    Rocket Labs USA (U.S.)
    Space Exploration Technologies Corp. (SpaceX) (U.S.)
    The Boeing Company (U.S.)
    The Spaceship Company (U.S.)
    United Launch Alliance (ULA) (U. S.)
    European Space Agency (France)
    Indian Space Research Organisation (India)
    Israel Space Agency (Israel)
    Italian Space Agency (Italy)
    Browse Complete Report Summary:

    https://www.fortunebusinessinsights.com/reusable-launch-vehicle-market-106803

    Segments-

    Partially Reusable Type Segment to Witness Rapid Growth

    On the basis of type, the market is bifurcated into fully reusable launch vehicle and partially reusable launch vehicle. The partially reusable launch vehicle segment is predicted to witness rapid growth due to high payload capacities and high strength to weight ratio.

    Low Earth Orbit Segment to Gain Immense Growth Due to High Product Adoption

    On the basis of orbit type, the market is segmented into Geosynchronous Transfer Orbit (GTO) and Low Earth Orbit (LEO). Increasing deployment of broadband satellites in LEO by major companies, such as SpaceX Starlink and others, is expected to fuel the segment’s. growth.

    Upto 6,000 lbs Segment to Dominate Due to Mounting Demand for Small Satellites

    On the basis of vehicle weight, the market is trifurcated into over 10,000 lbs, 6,000 to 10,000 lbs, and upto 6,000 lbs. The rising demand for small satellites for navigation, earth observation, and telecommunication applications is predicted to favor the segment’s growth.

    Geographically, the market is classified into Europe, North America, Asia Pacific, and the Rest of the World.

    Drivers & Restraints-

    Rising Space Exploration Programs to Amplify Market Expansion

    Space exploration programs have experienced immense popularization and major countries have asserted dominance by exhibiting their space capabilities. The rising research and development activities amplify the global reusable launch vehicle market growth. The expanding space budgets and government expenditure further stimulate growth in the market. Increasing partnerships and collaborations between international space institutions for investments and technology integration are anticipated to bolster the market expansion in the coming years. Further, the surging adoption of high density and specific liquid propellants for secure and efficient launches is likely to be a key trend stimulating market growth.

    However, high carbon emissions from space launches may impede the market expansion during the forecast period.

    Regional Insights-

    High Budget Allocations to Boost Growth in North America

    North America is anticipated to bestride the global reusable launch vehicle market share. The high budget allocations for space exploration programs are predicted to foster growth in North America. Moreover, the key players’ presence, including SpaceX, Masten Space Systems, Blue Origin, United Launch Alliance, and Busek Co. is expected to complement market expansion in the region.

    Asia Pacific is projected to garner substantial growth in the global market. An uptick in space programs and launch capabilities across South Korea, India, China, and others is expected to flourish in growth in Asia Pacific.

    Europe is predicted to garner considerable growth in the coming years. The growing technological advancements and rising contracts by the European Space Agency are anticipated to magnify market expansion in Europe.

    The rest of the world is likely to attain moderate growth due to the rising demand for developments in space technology. Additionally, the increasing government expenditure is expected to complement the region’s market growth.

    The global reusable launch vehicle market size is predicted to hit USD 3.68 billion by 2029 and exhibit a CAGR of 10.51% during the forecast period. The rising space exploration programs and soaring government investments are projected to boost the market expansion. Fortune Business InsightsTMhas presented this information in its report titled, “Reusable Launch Vehicle, 2022-2029”. The market size stood at USD 1.39 billion in 2021 and USD 1.83 billion in 2022. Further, the escalating adoption of high density and specific liquid propellants is anticipated to favor the market expansion in the forthcoming years. List of Key Market Players- ArianeGroup (France) Blue Origin LLC (U.S.) Lockheed Martin Corporation (U.S.) National Aeronautics and Space Administration (NASA) (U.S.) Rocket Labs USA (U.S.) Space Exploration Technologies Corp. (SpaceX) (U.S.) The Boeing Company (U.S.) The Spaceship Company (U.S.) United Launch Alliance (ULA) (U. S.) European Space Agency (France) Indian Space Research Organisation (India) Israel Space Agency (Israel) Italian Space Agency (Italy) Browse Complete Report Summary: https://www.fortunebusinessinsights.com/reusable-launch-vehicle-market-106803 Segments- Partially Reusable Type Segment to Witness Rapid Growth On the basis of type, the market is bifurcated into fully reusable launch vehicle and partially reusable launch vehicle. The partially reusable launch vehicle segment is predicted to witness rapid growth due to high payload capacities and high strength to weight ratio. Low Earth Orbit Segment to Gain Immense Growth Due to High Product Adoption On the basis of orbit type, the market is segmented into Geosynchronous Transfer Orbit (GTO) and Low Earth Orbit (LEO). Increasing deployment of broadband satellites in LEO by major companies, such as SpaceX Starlink and others, is expected to fuel the segment’s. growth. Upto 6,000 lbs Segment to Dominate Due to Mounting Demand for Small Satellites On the basis of vehicle weight, the market is trifurcated into over 10,000 lbs, 6,000 to 10,000 lbs, and upto 6,000 lbs. The rising demand for small satellites for navigation, earth observation, and telecommunication applications is predicted to favor the segment’s growth. Geographically, the market is classified into Europe, North America, Asia Pacific, and the Rest of the World. Drivers & Restraints- Rising Space Exploration Programs to Amplify Market Expansion Space exploration programs have experienced immense popularization and major countries have asserted dominance by exhibiting their space capabilities. The rising research and development activities amplify the global reusable launch vehicle market growth. The expanding space budgets and government expenditure further stimulate growth in the market. Increasing partnerships and collaborations between international space institutions for investments and technology integration are anticipated to bolster the market expansion in the coming years. Further, the surging adoption of high density and specific liquid propellants for secure and efficient launches is likely to be a key trend stimulating market growth. However, high carbon emissions from space launches may impede the market expansion during the forecast period. Regional Insights- High Budget Allocations to Boost Growth in North America North America is anticipated to bestride the global reusable launch vehicle market share. The high budget allocations for space exploration programs are predicted to foster growth in North America. Moreover, the key players’ presence, including SpaceX, Masten Space Systems, Blue Origin, United Launch Alliance, and Busek Co. is expected to complement market expansion in the region. Asia Pacific is projected to garner substantial growth in the global market. An uptick in space programs and launch capabilities across South Korea, India, China, and others is expected to flourish in growth in Asia Pacific. Europe is predicted to garner considerable growth in the coming years. The growing technological advancements and rising contracts by the European Space Agency are anticipated to magnify market expansion in Europe. The rest of the world is likely to attain moderate growth due to the rising demand for developments in space technology. Additionally, the increasing government expenditure is expected to complement the region’s market growth.
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  • Challenge Airlines will operate two Boeing 747F flights per week totalling a joint capacity uplift offer of 240 tonnes

    #ChallengeAirlines #Boeing #Boeing747F #aircargo #ChallengeGroup #IstanbulAirport
    Challenge Airlines will operate two Boeing 747F flights per week totalling a joint capacity uplift offer of 240 tonnes #ChallengeAirlines #Boeing #Boeing747F #aircargo #ChallengeGroup #IstanbulAirport
    WWW.STATTIMES.COM
    Challenge Airlines to start Istanbul flights from Jan 25
    Challenge Airlines will operate two Boeing 747F flights per week totalling a joint capacity uplift offer of 240 tonnes
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