News broke just minutes ago that Bombardier had secured a launch customer for the CRJ200 passenger-to-freighter program it launched a year ago in partnership with Aeronautical Engineers, Inc. We will examine the program, and the launch order, in detail next week, but in the interest of getting the news outRead More
A bit of holiday fun for you. A short — very short — history of how the express companies can get that Christmas gift you ordered online delivered on time. In the form of a poem by Kenneth Button, Professor of Public Policy at George Mason University.
To our list of record-breaking November cargo performances we now add Pactl and Turkish Airlines. And not just a record month for these two, but a record year, as both have already surpassed last year’s full-year totals. Shanghai Pudong International Airport Cargo Terminals Co. Ltd (Pactl) handles just under half the cargo moving through PVG.Read More
FedEx followed up its very strong fiscal 2015 first quarter with an equally strong second quarter. The company reported net income up 23.2% y-o-y in the second quarter of its 2015 fiscal year to $616 million, as total revenue rose 4.7% to $11.94 billion. Operating income for the quarter wasRead More
In yesterday’s post about the strength of air freight demand in November, we noted that two of the companies reporting – Hong Kong International Airport and Etihad Airways – achieved record volumes. But that turns out to be only the tip of this particular iceberg, as records continued to fall.Read More
Moscow-based Transaero Airlines acquired two Tu-204C freighters in July 2013, and now, seventeen months later, has put them into its first scheduled all-cargo service on a Novosibirsk-Beijing-Novosibirsk route. The carrier did not say how many weekly frequencies it would operate on the route, but said the first flight (on 8Read More
November data is now in from many of the world’s major cargo carriers, handlers, and airports, and all indications point to another good month for the air freight industry. Summary reports for the month from IATA, WorldACD, and the Airports Council International will not be published for some time, butRead More
Boeing said it would cut the production of 747-8 aircraft (including both freighter and passenger variants) from the current rate of 18 per year, to 15.6, effective September 2015. Boeing has taken firm orders for a total of 119 747-8s, including 68 freighters, 42 -8I passenger units, and nine inRead More