News

Bombardier delivered its first Q400 combi to Japan's Ryukyu Air Commuter.

Japanese air cargo market growth to continue, albeit more slowly

March 14, 2017 at 3:36 am 0 comments

Nittsu Research Institute and Consulting Inc, the consulting affiliate of freight forwarder Nippon Express, forecasts Japan’s air freight market to continue an upward trajectory through fiscal 2017, after a 6.7% drop in fiscal 2015 and a steady rebound in 2016. Following a rough patch in 2015, air cargo volumes roseRead More

Cargo growth stalls in the UAE

Cargo growth stalls in the UAE

March 14, 2017 at 2:10 am 0 comments

Abu Dhabi-based Etihad Airways reported 2016 cargo volume unchanged from 2015 at 593,000 tonnes. This is in stark contrast to the incredible growth Etihad has reported in previous years, but right in line with what is happening in neighboring Dubai, where Emirates is reporting a similar halt to growth. InRead More

Air freight rates demonstrate resilience in January

Air freight rates demonstrate resilience in January

March 13, 2017 at 8:46 pm 0 comments

As is typically the pattern following peak season, air freight rates dropped in January, but by a much smaller margin than expected, according to UK-based freight market analyst Drewry. Average rates fell just US$0.13 to $3.01 per kg, and were significantly higher than in January 2016, when rates were $2.69.Read More

Could Amazon's Prime Air freighters one day carry DHL Express packages?

Widebodies less likely to see second life as freighters

March 13, 2017 at 9:30 am 0 comments

SAN DIEGO – After years of stagnant demand for widebody freighter conversions, 2016 saw the market suddenly bounce back. Last year, fourteen 767 P-to-F conversions were added to the global widebody freighter fleet (eleven 767-300BDSFs and three 767-300BCFs), and a similar number will be put into service in 2017. However,Read More

Alibaba goes “down under”

March 10, 2017 at 12:30 pm 0 comments

Alibaba goes “Down Under” with regional office and new partnerships. Chinese internet services conglomerate Alibaba Group inaugurated operations at a new office in Melbourne, which will serve as the group’s regional headquarters for Australia and New Zealand. The office not only supports the onboarding of local businesses looking to reachRead More

Record fourth-quarter earnings cap a great year for DP-DHL

Record fourth-quarter earnings cap a great year for DP-DHL

March 10, 2017 at 10:18 am 0 comments

Capitalizing on strong e-commerce growth and on a return to financial health by its forwarding arm, Deutsche Post-DHL reported net profit up more than 25% to €841 million in the fourth quarter of 2016. The big jump came despite revenue remaining almost flat (up just 0.5%) at €15.41 billion. OperatingRead More

The distribution of widebody freighters — Part II

The distribution of widebody freighters — Part II

March 9, 2017 at 9:06 am 0 comments

Yesterday we began an analysis of the way the 1,002 widebody freighters currently in service are operated and how the different types of widebody freighters are distributed within the fleet by type. You can read Part I here, and today we conclude with an examination of the distribution by manufacturer, byRead More

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