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A330 P2F conversion begins

A330 P2F conversion begins

March 27, 2015 at 10:43 am 0 comments

EFW is reported to have selected an ex-Malaysia Airlines A330-300 (116) as the prototype aircraft in its A330 passenger-to-freighter conversion program. EFW, the MRO and conversion arm of the Airbus Group (now 35% owned by ST Aerospace), announced early this year that Egyptair Cargo would be the launch customer forRead More

FedEx reaps the rewards of cost management

FedEx reaps the rewards of cost management

March 26, 2015 at 8:32 am 0 comments

A huge jump in profitability, despite a relatively modest gain in revenue, indicates FedEx’s cost-management program is bearing fruit. FedEx reported net income up 53.4% y-o-y in its fiscal third quarter (ended 28 February) to US$580 million, as revenue rose 3.7% to $11.72 billion. Operating income for the quarter wasRead More

Can falling yield be a good thing?

Can falling yield be a good thing?

March 25, 2015 at 10:53 am 0 comments

There has been a lot of talk over the last year about falling air freight yields, accompanied by considerable hand-wringing, all to the tune of “Sure, volume is up, but with yields still falling, we’re all doomed!” Are falling yields something we should worry about? Maybe it’s time to forRead More

Freighter operation: Jet Airways in, Thai out

Freighter operation: Jet Airways in, Thai out

March 24, 2015 at 10:56 am 0 comments

With regulatory approval in place from the Indian aviation authority, Jet Airways plans to launch freighter operations in April with an A330-200F ACMI-leased from Abu Dhabi-based Etihad Airways. At almost the same time, just across the Bay of Bengal, Thai Airways International will exit the main-deck freighter business and parkRead More

30 Companies Register for Cargo Facts Asia in the Last 2 Weeks

30 Companies Register for Cargo Facts Asia in the Last 2 Weeks

March 24, 2015 at 7:39 am 0 comments

With Cargo Facts Asia fast approaching, 30 companies have registered in the last two weeks, including some of the top airfreight companies in the world. The latest companies that have reserved spots at Cargo Facts Asia, which will take place 21-22 April in Hong Kong, are: Air Hongkong AirBridge CargoRead More

A strong year for Lufthansa and Cathay

A strong year for Lufthansa and Cathay

March 23, 2015 at 10:54 am 0 comments

Two of the world’s top cargo carriers have reported solid full-year performance for 2014. Germany-based Lufthansa Cargo reported 2014 full-year operating profit up 26.6% to €100.3 million. The increase is particularly impressive because it was achieved despite a slight (-0.3%) decline in revenue to €2.44 billion, a 1.4% decline inRead More

Inside the sortation hub

Inside the sortation hub

March 20, 2015 at 10:21 am 0 comments

With the growth of e-commerce has come increasing business for the big express companies. And increasing headaches, too, as tens of millions of online shoppers expect overnight delivery, regardless of conditions. Below is an interesting documentary shot by one of the big TV news networks. It is presented as aRead More

US West Coast port slowdown pushes freight to air

US West Coast port slowdown pushes freight to air

March 19, 2015 at 10:43 am 0 comments

Modal shift from ocean to air as a result of labor strife at the US West Coast ocean ports may be greater than most people thought. At the beginning of this week we reported February and year-to-date results from fifteen of the world’s major cargo carriers and airports. As we alwaysRead More