UPS order for Boeing freighters highlights trade growth - Reuters
A recovery in international trade is reviving demand for aircraft once proudly linked to long-haul passenger travel and now mainly dependent on hauling cargo to stay in production.
The upturn underscores a solid economic backdrop to this week’s Singapore Airshow, as the airline industry heads into its ninth year of global profits.
On the eve of the show, the world’s second-largest domestic cargo airline, United Parcel Service, handed Boeing a lifeline order for 14 more 747-8 freighters, easing doubts over the jumbo’s future.
A recovery in international trade is reviving demand for aircraft once proudly linked to long-haul passenger travel and now mainly dependent on hauling cargo to stay in production.
The upturn underscores a solid economic backdrop to this week’s Singapore Airshow, as the airline industry heads into its ninth year of global profits.
On the eve of the show, the world’s second-largest domestic cargo airline, United Parcel Service, handed Boeing a lifeline order for 14 more 747-8 freighters, easing doubts over the jumbo’s future.
