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The complex world of freighter aircraft leasing

The complex world of freighter aircraft leasing

September 26, 2016 at 10:12 am 0 comments

Today we begin a multi-part series on the increasingly complex world of freighter aircraft leasing. We start with a look at how leasing has evolved from a relatively straightforward agreement in which a company that owns an aircraft leases it to an airline, to the complex set of agreements exemplified by the operationRead More

UPS successfully uses drone to make delivery where its trucks cannot [VIDEO]

UPS successfully uses drone to make delivery where its trucks cannot [VIDEO]

September 23, 2016 at 10:24 am 0 comments

Although it’s unlikely that economics could justify the replacement of all couriers with commercial drones in the near-term, UPS and its partner CyPhy Works have demonstrated the feasibility of using UAVs’ to make remote deliveries in difficult-to-access locations with a recent successful test. Yesterday, on 22 September, the pair launched aRead More

E-Commerce elevates FedEx Express in 1QFY17

E-Commerce elevates FedEx Express in 1QFY17

September 22, 2016 at 10:56 am 0 comments

FedEx reported net profit up 3.3% y-o-y to $715 million in the first quarter of its 2017 fiscal year, driven primarily by the strong performance of its US Domestic overnight services, which saw substantial volume increases and stable yields. It should be noted that, for the first time, FedEx hasRead More

China promotes the development of all-cargo airlines

China promotes the development of all-cargo airlines

September 21, 2016 at 10:09 am 0 comments

In a recent CAAC policy announcement seen by Cargo Facts, the Civil Aviation Administration of China announced radical changes to the way it approves and regulates new startup airlines – changes that Cargo Facts believes will promote the development of a greater number of larger all-cargo carriers like SF Express Airlines.Read More

Ex-Cargolux CEO, Dirk Reich resurfaces

Ex-Cargolux CEO, Dirk Reich resurfaces

September 20, 2016 at 10:53 am 0 comments

Following Dirk Reich’s resignation from Cargolux back in July, it seemed appropriate to assume it would only be a matter of time before he resurfaced, and today it looks like the he has been found. According to an update on the company website, Reich will be assuming the position ofRead More

The impact of Hanjin on air freight

The impact of Hanjin on air freight

September 19, 2016 at 10:55 am 0 comments

By now most in the airfreight industry are well-aware of the sudden demise of Hanjin, which was the world’s seventh-largest ocean container line. With approximately US$12 billion in cargo still at sea, airfreight forwarders and carriers alike are poised and ready to act should modal shift be required to make on-timeRead More

Psst, wanna work in China?

Psst, wanna work in China?

September 16, 2016 at 10:45 am 0 comments

Well, if you happen to be a pilot, and type-rated on almost any modern aircraft, it might just be time to freshen up your resume! Chinese airlines are facing chronic flight crew shortages, and although the problem is not unique to China, the scale of the shortage is unparalleled anywhereRead More

Air cargo continues upward trajectory in August

Air cargo continues upward trajectory in August

September 15, 2016 at 10:56 am 0 comments

Now that many of the world’s major cargo carriers and airports have reported their August results, it seems that June was indeed the turning point for 2016 cargo traffic. For the third consecutive month, most airports and carriers are showing growth – even Taiwan-based EVA airways seems to have turnedRead More