Carriers

The world’s top 50 cargo carriers

The world’s top 50 cargo carriers

Carriers, Express, News August 8, 2017 at 10:23 am

A year ago, when we looked at the top cargo carriers of 2015, we focused on Emirates’ rapid rise from nowhere to become a powerhouse that dominated the international air freight market. But Emirates does not carry domestic cargo, and FedEx, as it had done for many years, combined itsRead More

Lufthansa Cargo reports solid 1H17 results

Lufthansa Cargo reports solid 1H17 results

Carriers, News August 3, 2017 at 9:16 am

German flag carrier Lufthansa, reported 1H17 revenues for its logistics division up 18.6% year-over-year to €1.16 billion, driven in part by a 5.0% increase in revenue-tonne-kilometers over the same period. EBIT reversed course from a loss of €4 million during 1H16, swinging to an operating profit of €125 million inRead More

Everything is coming up roses for UPS

Everything is coming up roses for UPS

Capacity & Demand, Carriers, E-Commerce, Earnings, News July 27, 2017 at 10:42 am

UPS reported strong financial and operational performance in the second-quarter of 2017, with net income up 9.1% y-o-y to $1.38 billion as revenue rose 5.0% to $15.75 billion. Operating income for the quarter was up 8.7% to $2.22 billion. Revenue rose in all three of the company’s operating segments, andRead More

China Air Cargo prepares for takeoff

China Air Cargo prepares for takeoff

Aircraft, Asia, Carriers, Conversions, Express, News July 25, 2017 at 10:44 am

Eight months ago, we reported that startup Chinese all-cargo carrier China Air Cargo Co. Ltd was about to take to the skies. It had taken redelivery of its first freighter – a Precision-converted 757-200PCF, and was within weeks of receiving its Operating Certificate. As is often the case, the finalRead More

Boeing Shanghai and SF ink maintenance deal

Boeing Shanghai and SF ink maintenance deal

Asia, Carriers, E-Commerce, News July 24, 2017 at 10:24 am

Last week, SF Airlines, the Shenzhen-based air arm of China’s biggest express company, signed an agreement with Boeing Shanghai Aviation Services Co Ltd covering the carrier’s fleet of sixteen 737 Classic freighters, and five 767-300BCFs. SF’s first aircraft is currently undergoing a C-check at Boeing Shanghai’s MRO facility. The nose-to-tailRead More

Double-digit growth in air freight demand continues

Double-digit growth in air freight demand continues

Airports, Carriers, News, Traffic July 17, 2017 at 10:51 am

With June results in from many of the world’s major cargo carriers and airports, it is clear that growth in demand for air freight is continuing to be very strong – perhaps down slightly from what we reported in May, but only slightly. And since demand worldwide (whether measured inRead More

Cathay and DHL plan reorganization of Air Hong Kong

Cathay and DHL plan reorganization of Air Hong Kong

Aircraft, Asia, Carriers, Express, News, Strategy July 11, 2017 at 10:49 am

In an announcement on the Hong Kong Stock Exchange, Cathay Pacific Airways and DHL Express said they had entered into a non-binding memorandum of understanding covering a change in ownership of their Hong Kong-based joint-venture all-cargo airline, Air Hong Kong (AHK). In the MoU, the two companies say “it isRead More

The turboprop freighter fleet in 2017

The turboprop freighter fleet in 2017

Aircraft, Carriers, E-Commerce, Express, News July 7, 2017 at 10:43 am

Today we begin a multi-part analysis of the worldwide fleet of turboprop freighter aircraft in commercial service, starting with some background and then showing the breakdown of the fleet by type and operator. Two years ago, in our analysis of the turboprop freighter fleet in 2015, we predicted that demandRead More