Volume 15, Issue 39 3


THE WE EKLY NEWS PAP ER FOR THE AIR CARGO PROF E S S IONAL Atlas to fly


two -8Fs for DHL Express on ACMI lease


8


THE EUROPEAN Commission has responded with disbelief to moves by the US to comply with a World Trade Organisation (WTO) subsidies ruling. “We had expected that the US


would have finally complied in good faith with its international commit- ments and would have abided by the WTO rulings that clearly con- demned US subsidies to Boeing,” said EU Trade Commissioner Karel De Gucht. "We are disappointed that this does not seem to be the case.” De Gucht said the lack of infor- mation provided in the US compli-


German logistics


business still strong


11


GSAs face rate


and yield challenge


ance notification suggested it had “neither withdrawn the illegal subsi- dies granted to Boeing, nor removed their adverse effects.” The Commissioner added that


the EU has “indications the US could have actually granted more il- legal subsidies to Boeing in the meantime” and has asked the WTO for the right to impose US$12 billion a year sanctions in retaliation. In a statement, the US plane-


maker said while it fully supports US government actions, “the same can- not be said of Airbus and its govern- ment sponsors, which have thumbed their noses at the WTO. Despite a


crystal clear ruling against launch aid subsidies, European governments have continued the practice by pro- viding Airbus with billions of tax- payer euros and pounds for its next new product, the A350. “What is more, the European gov-


ernments have yet to remove the very substantial subsidies, including those propping up the A380, which the WTO's ruling in June of last year re- quires them to do. “The illegal subsidies to Airbus,


most importantly the pernicious, market distorting practice of launch aid, must stop,” the company de- clared.


The US


government position is while the


The air freight industry’s first and only television channel, produced by ACWpublishers the A-Z Group, leads this week with record-breaking launch of the iPhone 5 –which shipped 5 million units in the first three days after its launch. However, despite demand for the latest handset outstripping supply, Apple’s share price con-


tinues to decline amid concerns about deliveries, and more significantly, negative reports relating to the working conditions faced by an Apple component supplier, China-based Foxconn. nUS Airlines has taken delivery of the first of 50 B787s it has on order with Boeing. Also featured is the US Government’s compliance with WTOs ruling relating to Boeing subsidies. n Elsewhere, aircargoTV covers the delivery of humanitarian aid organised by the World Food Programme to Central Africa, as well as the US$635 million acquisition of forwarder Phoenix In- ternational by third party logistics provider CH Robinson.


WTO fo- und it had p r o v i d e d $3-4 billion in subsidies to Boeing, the EU had given $18 billion in il- legal pay- ments to Airbus. On the


other hand, the Euro- pean Commission claims the WTO found illegal subsidies of $5-6 billion to Boeing between 1989 and 2006 and a further $3.1 billion after that period. A WTO panel is currently hearing


the case against the EU for its lack of compliance on its ruling. Meanwhile De Gucht wants an early meeting with his US counterpart “to insist on proper compliance before the World Trade Organisation.”


Ethiopian becomes first African B777F operator


ETHIOPIAN AIRLINES took delivery of its first B777 freighter on 20 September, becoming the first African carrier to operate Boeing’s fuel-efficient, mid-sized aircraft. The B777 freighter is being leased to the Addis Ababa-based airline from GE Capital Aviation Services (GECAS). “We are not only becoming the first African carrier operating Boeing’s 777 freighter, today


we are also taking our cargo operations to a new level and into a new era,” said Tewolde Ge- bremariam, CEO of Ethiopian Airlines. “As the largest African cargo carrier operating in some of the fastest growing trade lanes in


the world – between Africa and Europe, the Middle East and Asia – the new 777 freighter fleet will significantly enhance our tonnage and range capabilities,” Gebremariam pointed out.


WORLD NEWS P3, 4, 6 & 7 ● PEOPLE P4 ● TRADEFINDER P15


Asian market struggles to maintain


13 momentum Boeing bashes ‘bus in trade clash


1 October 2012


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