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Boeing Forecasts Global Air Cargo Fleet Growth to 3,900 Planes by 2043

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Boeing has released a forecast indicating that the global air cargo fleet will expand significantly over the next two decades, increasing from 2,340 freighters in 2023 to 3,900 airplanes by 2043. This projected two-thirds growth reflects rising demand for air cargo services, fueled by e-commerce growth, global trade, and the need for expedited logistics solutions. Boeing’s forecast underscores the resilience and expansion potential…

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TAROM Reports $18.7M Loss for 2023 Despite Revenue Growth

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TAROM, Romania’s national airline, has announced its 2023 financial results, reporting a net loss of $18.7 million. Despite the loss, TAROM experienced a 21.7% increase in total revenues, reaching $384 million. The airline’s revenue growth reflects a recovery in travel demand; however, financial challenges persist as TAROM continues to work toward sustainable profitability.