b'28American Journal ofTransportation ajot.comBoeing announces UPS purchase of eight additional 767sBoeing has announced an order from UPSfleet of Boeing and Boeing-heritage airplanes for eight more 767 Freighters. The incremen- to more than 260 airplanes. We are honored to talorderwillincreaseUPSs767Freighterplay an important role in UPSs efforts to oper-fleet to 108 airplanes, enabling the global car- ate a more sustainable, more efficient fleet. rier to further modernize and sustainably grow Air Carada will purchase 30 ES-30 electric-hybrid aircraft. its fleet.Theadditional767swillhelpuscon-Air Canada says short-haultinue to deliver what matters to UPS custom-ers around the world. This is a very versatile future involves electric planes aircraft that we operate across every region of the globe, said UPS Executive Vice President Theheadof AirCanadakilometers,AirCanadasaidandPresidentU.S.NandoCesarone.With saysthecarrierwillbewellin astatement. Charging timetheseaircraft,ourfleetwillcontinuetobe positioned to offer zero-emis- for the planes will be 30 to 50among the most modern in our industry, meet-sion electric flights to custom- minutes.ing our customers needs while improving ourUPS will begin taking delivery of these ers in Canada as soon as 2028.AirCanadahasalsoefficiency, sustainability and reliability. newairplanesin2025,withanadditional Theairlineannounceditacquired a $5 million equityAir cargo continues to play a crucial role767-300BoeingConvertedFreighter(BCF) willpurchase30ES-30elec- stakeinHeart Aerospaceasin global trade, from supporting supply chainsentering service in late 2023. This purchase tric-hybrid aircraft for an undis- partofitsbroaderstrategyto expanding e-commerce. The Internationalbuilds on UPSs order for 19 767 Freighters in closed amount. to invest $50 million in newAirTransportAssociation(IATA)hasesti- December 2021.The planes, which are beingtechnologies.Thecompanymated that global air cargo revenue in 2021According to Boeings 2022 Commercial developedbySweden-basedhas pledged to reach net-zerowas more than double the revenue in pre-pan- Market Outlook forecast, carriers will require HeartAerospaceAB,areemissions by 2050. demic 2019. 2,795 more dedicated freighters over the next much more cost efficient andWeve taken down emis- This repeat order from UPS is a testa- 20 years, including 940 new widebodies, 555 could help the airlines expand insions43%overthelast27ment to the outstanding cargo capabilities ofwidebody converted freighters and 1,300 stan-regional markets, Chief Execu- years,primarilybyspendingthe767Freighterandfurtherdemonstratesdardbodyconversions. Theglobalfreighter tive Officer Michael Rousseau$12billiononmuchmoreBoeingsmarketleadershipinthefreighterfleetwillgrowto3,610airplanesby2041, said during remarks at the USefficientaircrafts,Rousseausegment, said Ihssane Mounir, Boeing seniorup from 2,250 today. Today, Boeing freight-Chamber of Commerce Globalsaid,butmoreneedstobevice president of Commercial Sales and Mar- ers account for 90% of the worlds freighter AerospaceSummitinWash- done to meet the 2050 target.keting. UPS will operate more than 100 767capacity,flyingmillionsoftonnesofgoods ington, D.C. While expensive, carbon cred- Freighterswiththisorderandwillbuilditsaround the globe.Thelithium-ionbattery- its will help in the short term poweredaircraftisexpectedand the company is working to enter service in 2028. It willhard on sustainable aviationIBA Insights show aircraft deliveries up 28% YOYbe able to carry 30 passengersfuel. But the third leg is air- IBA, the leading aviation market intelligence and consultancy company, has published its for 200 kilometers (124 miles)plane technology. monthly Aviation Industry Barometer for August 2022, showing that commercial aircraft deliver-in all-electric mode. Reserve- Air Canada is still runningies increased by 28% between August 2021 and August 2022. This was boosted by Boeing resum-hybrid generators that can useat about 80% of pre-pandemicing deliveries of the 787 following production issues. low-carbonbiofuelproducedlevels, but business traffic hasIntelligence from IBA Insight reveals that the recovery in monthly global passenger flights from feedstocks such as corn,been coming back since Laborwas stable in August 2022, with flight capacity at 83% relative to pre-pandemic levels.could extend that range to 400Day, Rousseau said. IBAs Aviation Industry Barometer for August 2022 also indicates that: There were approximately 2.64 million commercial passenger flights in August 2022, the same (TRACKcontinued from cantly slower than the growthlevel seen in July 2022, and 28% more than the 2.06 million flights were recorded in August 2021. page 26) recorded the previous month There were 78 commercial aircraft deliveries in August 2022, representing a month-on-month same month in 2021. This was(5.7%).Capacitywas2.2%decrease of 6% compared to July 2022, but a year-on-year gain of 28% compared to August 2021.theworstperformanceofallbelow July 2021 levels.After more than a years pause due to production issues, Boeing resumed deliveries of the 787, regions for the third month in aTotal cargo traffic marketwith four deliveries in August to a mixture of operators. row. This is attributable to theshare by region of carriers in Freighter deliveries remained exclusive to Boeing, with five aircraft delivered in Augustthree warinUkraine.Laborshort- terms of CTK is: Asia-Pacific777Fs and two 767-300Fs, the majority of which were to Federal Express. ages and lower manufacturing32.4%, Europe 22.9%, North Asia Pacific flight capacity continues to lag behind, although the region is starting to show signs activity in Asia due to OmicronAmerica 27.2%, Middle Eastof recovery with +56% year-on-year growth as restrictions relax further.also affected volumes. Capac- 13.4%, Latin America 2.2%, Latin America is leading the global recovery, with flight capacity at 100% or more of pre-pan-ity increased 0.9% in July 2022and Africa 1.9%. demic levels since May this year, while global capacity remained at 83% in August.compared to July 2021. MiddleEasterncarri-ers experienced a 10.9% year-on-yeardecreaseincargo volumes in July 2022. Signifi-cant benefits from traffic being redirected to avoid flying over Russiafailedtomaterialize andstagnantcargovolumes to/from Europe impacted the regions performance. Capac-ity was up 4.9% compared to July 2021.LatinAmericancarri-ersreportedanincreaseof 9.2% in cargo volumes in July 2022 compared to July 2021. This was the strongest perfor-mance of all regions. Airlines in this region have shown opti-mism by introducing new ser-vices and capacity, and in some casesinvestinginadditional aircraftforaircargointhe comingmonths.Capacityin July was up 21.4% compared to the same month in 2021.customs brokers&freight forwardersAfrican airlines saw cargo volumesdecreaseby3.5%www . jfmoran.com: 800.944.1041inJuly2022comparedto July 2021. This was signifi-'