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Eric Kulisch Friday, November 11, 2022

Silk Way West, Alaska Airlines sign Boeing freighter deals

Silk Way West Airlines, a growing cargo operator based in Azerbaijan, and Alaska Airlines on Thursday signed contracts with Boeing for two freighters apiece — but that is where the similarities ended.  Silk Way West said it will take two 777-8s, the largest plane available from Boeing (NYSE: BA) and one so modern it isn’t […]

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Eric Kulisch Tuesday, March 1, 2022

Biden bans Russian aircraft from US airspace

The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation Tuesday night. “I am announcing that we will join our allies in closing off American airspace to all Russian flights — further isolating Russia — […]

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Eric Kulisch Thursday, January 21, 2021

Aircraft leasing firm BBAM pursues dual freighter strategy

BBAM Aircraft Leasing & Management plans to add up to a dozen Boeing 737-800 converted freighters to its portfolio in response to high demand for regional cargo jets that can support the burgeoning e-commerce and express cargo market.  The San Francisco-based leasing outfit said this week it ordered six conversions, with an option for six […]

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Andy Peters Saturday, October 17, 2020

Industrial Real Estate Roundup: Property titans purchase, develop industrial warehouses

Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Prologis, Brookfield and Greek Development aggressively pursue industrial real estate development. The COVID-19 pandemic has unquestionably had a negative impact on various facets of the economy, from the pace of new job […]

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Eric Kulisch Thursday, January 23, 2020

DB Schenker cuts logistics jobs tied to Boeing 737 MAX

DB Schenker, the freight transportation and contract logistics arm of German rail operator Deutsche Bahn AG, is the latest company to feel the downstream effects of the shutdown of Boeing Co.’s 737 MAX production line. Schenker Inc. in Wichita, Kansas, notified the state this week that it plans to lay off 255 workers, according to […]

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