Good news for economic outlook
Malaysia Airlines Cargo and Southern Air have announced that they have entered into a multi year aircraft lease agreement.
Why is this good for the United States ? Maskargo had a nine year absence from the US market. They now have a viable plan in place enter the United State through China.
This is a multi year deal. This shows their positive viewpoint that air freight volumes in both the Asia-Pacific and Americas is about to recover.
They want to restart flights to the United States of
America after a nine year absence. As quoted by on Sharma Suleiman , "After looking at the US market very carefully we can find a viable plan with Southern Air to enter the US through China.
Suleiman also stated "After a very comprehensive evaluation process, we have selected Southern Air to provide us with the freighter services capacity to meet our demands until the end of next year. As the air freight market has shown encouraging signs of growth in recent months, we are excited that we can offer our customers more value from our new partnership with Southern Air."
At this point the project is through the end of next year.
Southern Air will provide, crews, maintenance, and aircraft.
With the announcement that Fed Ex agreed to purchase six additional B777F air freighters for its fleet it looks as if the larges air- cargo airline in the world is viewing the current economic downturn as merely a temporary business environment. Fed Ex will purchase four B777fs from Boeing. They are planning on purchasing two additional B777F air freights from additional sources.
Including this new order Fed Ex has placed orders for a total of thirty eight B777F aircraft. Four of these have already been placed into service.
It looks like Fed Ex is taking a forward looking stance on the worldwide economy. The Asia-Pacific and Americas regions appear to be the target areas for Fed Ex's optimistic views.
From our perspective, the orders placed over time, will give the worldwide economy time to heal and reboot before all of Fed Ex's orders are received.
In our business we have noticed a current decrease in air shipping, and an increase in cargo going both by cubic meters and via containerized shipments. Customers appear to still be very price conscious and wary about expending funds.
With two major companies announcing new air craft pack n send sees a very optimistic future in the air freight shipping industry.
For more information on international shipping and freight shipping, please contact pack n send at 713 266 1450.
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