Carriers

The distribution of widebody freighters

The distribution of widebody freighters

March 8, 2017 at 9:14 am 0 comments

Last month Cargo Facts presented a detailed analysis of the widebody freighter fleets of airlines worldwide. That analysis (available here) showed that 75 airlines (down from 79 a year ago and 85 the year before that) currently operate 1,002 widebody freighters (up from 995), and that 150 (down from 164)Read More

YTO goes west with new joint-venture airline and hub

YTO goes west with new joint-venture airline and hub

March 2, 2017 at 10:13 am 0 comments

Last week, executives from YTO Express, and its airline subsidiary, YTO Express Airlines, were in Shaanxi Province in central China finalizing an agreement to establish a new joint-venture cargo airline in the province’s capital city, Xi’an. The launch of Northwest International Cargo Airlines (as the airline will likely be knownRead More

HNA Group buys Hahn Airport

HNA Group buys Hahn Airport

February 27, 2017 at 9:42 am 0 comments

The German state of Rhineland-Palatinate sold its 82.5% stake in Hahn Airport (HHN) to China’s aviation and travel conglomerate HNA Group for €15.1 million. According to a report in CargoForwarder, the financial transaction has been completed, and the final contract will be signed on 1 March. The fate of the remainingRead More

Cargolux studying feasibility of offering ACMI operations?

Cargolux studying feasibility of offering ACMI operations?

February 25, 2017 at 2:30 pm 0 comments

Last year, Europe’s largest all-cargo operator launched a strategic review of its long-term business strategy. Although the Luxembourg-based carrier has not yet announced any major change of course, Cargolux CEO Richard Forson did shed some light on potential new strategies in an interview with The Loadstar. He said that, whileRead More

A strong quarter ends Atlas’ “historic” year

A strong quarter ends Atlas’ “historic” year

February 23, 2017 at 10:51 am 0 comments

2016 was quite a year for Atlas Air Worldwide Holdings (AAWW). During the year, the company: Acquired Southern Air Holdings, including subsidiary carrier Southern Air, with its five 777Fs and five 737-400Fs, all in CMI operation for DHL, and Signed an agreement with Amazon, under which Atlas agreed to leaseRead More

ATSG looks ahead

ATSG looks ahead

February 16, 2017 at 10:51 am 0 comments

In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpseRead More

YTO’s rapid expansion prompts order for three 737-300P2F conversions

YTO’s rapid expansion prompts order for three 737-300P2F conversions

February 15, 2017 at 11:03 am 0 comments

Almost exactly one year ago, Hangzhou-based YTO Express Airlines announced an order for ten Boeing 737-800BCFs (Boeing Converted Freighters), with options for an additional ten. This week, the carrier went public with a separate order for three 737-300 freighter conversions with PEMCO World Air Services. YTO’s new purchase commitment highlights itsRead More

Modest demand growth in January, but what does it signify?

Modest demand growth in January, but what does it signify?

February 15, 2017 at 10:15 am 0 comments

The Champagne bottles we uncorked last month to celebrate the growth of demand for air freight in 2016 are long since empty, and it is time for a sober look at whether that demand growth – which peaked at 10% in December – has carried into the new year. But,Read More