Express

UPS and Boeing confirm 767 freighter conversion order

UPS and Boeing confirm 767 freighter conversion order

Aircraft, Conversions, Express, News, Strategy June 19, 2017 at 9:37 am

Two months ago, we noted UPS’ purchase of a 767-300ER  (33494) from Japan Airlines, and predicted that, after a maintenance stop at Goodyear Airport (GYR), it would fly off to whichever conversion center Boeing decided to use to convert it to BCF freighter configuration. We also predicted that this was the firstRead More

EFW begins A330 P-to-F conversions in Singapore

EFW begins A330 P-to-F conversions in Singapore

Aircraft, Asia, Conversions, Express June 9, 2017 at 10:39 am

EFW, the Germany-based MRO and conversion joint venture of Singapore Technologies Aerospace and Airbus, ferried an A330-300 (127, ex-Hi Fly) from its Dresden facility (DRS) to ST Aero’s conversion center at Singapore’s Paya Lebar Airport (QPG) for conversion to freighter configuration for DHL Express. DHL is the launch customer forRead More

Bedek opens 767 conversion center in Mexico

Bedek opens 767 conversion center in Mexico

Capacity & Demand, Conversions, Express, News June 8, 2017 at 10:48 am

Bedek Aviation Group, the MRO and conversion arm of Israel Aerospace Industries, reached an agreement with Mexicana MRO Services under which Mexican will perform passenger-to-freighter conversions 767-300 aircraft at its Mexico City facility for Bedek. Bedek said that in preparation for the induction of the first aircraft later this month,Read More

HNA Modern Logistics lifts off – with Atlas Air

HNA Modern Logistics lifts off – with Atlas Air

Carriers, Express, Strategy June 6, 2017 at 10:02 am

Ten days ago, we reported that China-based HNA Group had established a new subsidiary in the north-central city of Xi’an. HNA Modern Logistics Group, as the company is called, will focus on developing Xi’an into a global airfreight hub, a hub which, according to CEO Zhang Weiliang, will become theRead More

YTO Express Airlines recently ordered ten 737-800BCF conversions from Boeing.

YTO launches massive fleet expansion

Aircraft, Asia, Carriers, Conversions, Express May 22, 2017 at 10:55 am

Just a few days ago, we posted news that Shanghai-based YTO Express had launched an international expansion program, the main cost of which, according to company VP Hao Wenning,  “will come from buying aircraft to strengthen air freight services.” Our discussion in that post centered on YTO’s likely need forRead More

China’s top 10 cargo airports in 2016

China’s top 10 cargo airports in 2016

Airports, Asia, E-Commerce, Express, News, Traffic May 16, 2017 at 10:57 am

According to data from the CAAC, total cargo handled (loaded and unloaded freight and mail) by Chinese airports rose 7.2% y-o-y in 2016, to 15.1 million tonnes, more than double the pace of world average growth, which according to preliminary data from the Airports Council International, was 3.3%. The chartRead More

Express & e-commerce drive first-quarter growth at DP-DHL

Express & e-commerce drive first-quarter growth at DP-DHL

E-Commerce, Earnings, Express, News May 11, 2017 at 10:47 am

Deutsche Post-DHL reported first-quarter net profit down slightly (0.9%) y-o-y to €633 million, as total revenue rose 7.3% to €14.88 billion. Operating profit (EBIT) for the quarter was up 1.4% to €885 million. As is often the case, the reported results tell only part of the story. In the firstRead More

An (adjusted) flying start for Atlas in 2017

An (adjusted) flying start for Atlas in 2017

Capacity & Demand, E-Commerce, Earnings, Express, News May 3, 2017 at 10:54 am

Atlas Air Worldwide Holdings (AAWW) reported a net first-quarter loss of $752,000 (compared to a $471,000 profit in 1Q16), as total revenues rose 13.6% y-o-y to $475 million. Operating income for the quarter was up 19.8% to $24 million. Given the net loss, why was Atlas so pleased with theRead More