Strategy

Where have all the orders gone — Part II

Where have all the orders gone — Part II

Aircraft, Carriers, Conversions, Express, News, Strategy August 31, 2017 at 9:41 am

Yesterday we looked at the sudden drop-off in orders for production jet freighters — despite surging demand for air freight. You can read Part I here (including detailed charts of the orders, deliveries, and backlogs for all of Boeing’s and Airbus’ freighters). Today we turn to an analysis of theRead More

Where have all the orders gone?

Where have all the orders gone?

Aircraft, Capacity & Demand, Carriers, Express, News, Strategy August 30, 2017 at 10:15 am

What has happened to the market for production freighter aircraft? The conversion houses can hardly keep up with demand for narrowbody and medium widebody freighters, the news is full of stories of e-commerce driving big increases in demand for air freight, and airlines the world over are reporting increasing trafficRead More

747 era draws to a close at EVA Air [VIDEO]

747 era draws to a close at EVA Air [VIDEO]

Aircraft, Asia, Carriers, News, Strategy August 25, 2017 at 10:51 am

EVA Air was founded in Taiwan in 1989, and, just three years later, began adding main-deck cargo capacity in the form of 747-400 combis. Taking advantage of the boom in trans-Pacific air freight demand (Taiwan was a major manufacturing center for goods destined for the US), EVA ramped up its cargoRead More

The World’s top 50 cargo carriers Part II — what’s with the data?

The World’s top 50 cargo carriers Part II — what’s with the data?

Carriers, News, Strategy, Traffic August 9, 2017 at 9:56 am

Yesterday, in Part I of this analysis we included a chart showing our best estimate of the international, domestic, and total cargo traffic (including mail and both scheduled and charter freight) flown by the top fifty carrier groups worldwide. But why do we call it our “best estimate,” and howRead More

Precision and ATSG form A321 freighter conversion JV

Precision and ATSG form A321 freighter conversion JV

Aircraft, Conversions, News, Strategy August 7, 2017 at 10:28 am

Ending its silence on the subject of “what comes next,” 757 conversion specialist Precision Aircraft Solutions this morning announced the formation of 321 Precision Conversions, LLC, a joint venture with Air Transport Services Group (ATSG) “to develop a passenger-to-freighter conversion of Airbus A321-200 Aircraft.” It has been something of anRead 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

China Eastern to fuel JD.com’s own-operated air freight network?

China Eastern to fuel JD.com’s own-operated air freight network?

Asia, Carriers, E-Commerce, News, Strategy June 29, 2017 at 10:55 am

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is itsRead More

A record quarter for FedEx — plus mattresses and gym equipment, too!

A record quarter for FedEx — plus mattresses and gym equipment, too!

Aircraft, E-Commerce, Earnings, Express, News, Photos+Videos, Strategy June 23, 2017 at 10:50 am

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70Read More