Boeing sees air cargo traffic growing in 2010
Hong Kong, September 9, 2009
US aerospace giant Boeing said it expects cargo traffic to return to growth in 2010, a senior executive said on Wednesday.
The statement came from Jim Edgar, regional director, cargo marketing for Boeing at the Asian Aerospace Expo in Hong Kong.
Boeing, like its European rival, EADS' Airbus unit, has endured a difficult year as carriers and air cargo operators have seen less business during the global recession.
At the Paris Air Show in June, Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, had said that cargo traffic appeared to be 'bouncing along the bottom'. – Reuters
More Industry, Logistics & Shipping Stories
- Pentair to set up manufacturing unit in Saudi
- Alba supports major energy summit
- Polysys Additive breaks ground in Kizad
- Qatar non-hydrocarbon economy on the rise
- ADPC to take over UAE port operations
- Carlyle readies $3bn sale of chemical firm
- Firm plans to bring super jumbo jet to Bahrain
- Johnson Controls, Hitachi in AC venture
- OICT installs nextgen cranes at Sohar Port
- Saudi petchem giants eye share-swap merger in 2014