Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Boeing’s HorizonX innovation unit made its first foray into advanced materials production and applications Nov. 1 with its investment in Gamma Alloys, a Valencia, California-based aluminum alloy developer of advanced metal-matrix composites.
While the air freight segment has had a relatively banner year in 2017, with traffic rising 10.1% year-to-date compared to 2016, the pace of growth slowed in September to 9.2% year-over-year (YOY), its slowest since April, according to IATA’s September Air Freight Market Analysis released Nov. 1.
Airbus Commercial Aircraft recorded an EBIT (adjusted) of €591 million ($697.4 million) in the third quarter of 2017, up 4.2% compared to €567 million in 3Q 2016.