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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

4Q revenue up, profit down, but ATSG sees blue skies ahead

4Q revenue up, profit down, but ATSG sees blue skies ahead

March 7, 2017 at 10:58 am 0 comments

Air Transport Services Group reported fourth-quarter net income of US$1.5 million, down 89.6% from 4Q15, as revenue rose 22.1% to $222 million. Operating income (EBIT) for the quarter was down 19.6% to $18 million. However, both the net income and operating income figures come with significant asterisks, and mean veryRead More

January gains come with an asterisk

January gains come with an asterisk

March 6, 2017 at 10:31 am 0 comments

Two weeks ago, we looked at the January data available from some of the world’s major cargo carriers and airports. At that time we predicted that once all results were in, it was likely that worldwide air cargo demand for the month would show a modest year-over-year increase. But weRead More

Blue Origin seeking NASA support for cislunar cargo transport

Blue Origin seeking NASA support for cislunar cargo transport

March 3, 2017 at 10:55 am 0 comments

Blue Origin, Jeff Bezos’ aerospace research and development company, reportedly sent a seven-page proposal to leaders at NASA describing its interest in supporting “future human settlement” on the moon with a cargo space craft it hopes to develop. A copy of the white paper was picked up and verified byRead More

A tale of two forwarders

A tale of two forwarders

March 3, 2017 at 10:53 am 0 comments

Kuehne + Nagel and Panalpina, two of the world’s largest forwarders and logistics services providers, are headquartered in Switzerland, but while their head offices may be close, their fourth-quarter results are far apart. Despite both carriers reporting significant increases in airfreight volumes, year-over-year, in the fourth quarter of 2016, K+NRead 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

DHL completes expansion of its Americas Hub

DHL completes expansion of its Americas Hub

March 1, 2017 at 10:54 am 0 comments

DHL Express completed a major expansion of its main hub for the Americas, and is on a hiring spree to increase its workforce there by almost 40%. The expansion at Cincinnati/Northern Kentucky Airport (CVG) includes a new, 45 acre (18.2 hectare) north ramp with sixteen additional aircraft gates (bringing theRead More

AEI 737-300 P2F Conversion at Boeing Shanghai

Hot market prompts new AEI conversion center

February 28, 2017 at 10:22 am 0 comments

Trying to secure a 737-Classic passenger-to-freighter conversion in 2017? Good luck, if you have not already nabbed a conversion slot. Conversion houses are facing unprecedented demand for narrowbody conversions, leaving the limited number of conversion lines with significant backlogs. Yesterday, Miami-based conversion house Aeronautical Engineers, Inc. (AEI) selected Canada-based KFRead More