Early last year, when Daniel Zhang took over as CEO of Chinese e-commerce giant Alibaba, he said the company was going to globalize, that the new goal was “Global buy and global sell.” In his view, Alibaba’s market was no longer China, but the world. But how to reach theRead More
Post Tagged with: "Asia"
By now the airfreight industry is well-aware of the proclivity of Chinese consumers to flock to online platforms to purchase goods – whether they be household items, or imported luxury goods. With skyrocketing demand for fast and reliable delivery, domestic express carriers in turn have been adding capacity as rapidly asRead More
Atlas Air Worldwide Holdings (AAWW) placed a firm order with Boeing for passenger-to freighter conversion of nine 767-300s. As Cargo Facts speculated last month, this includes four conversion orders previously attributed to an unidentified customer. The order comes as no surprise, as Atlas’ recent agreement with Amazon requires it toRead More
Yes, it is still mid-summer, but news out of China today has us looking ahead to the fourth quarter. Peak season may not be quite the massive boost to air freight volumes that it once was, but it is still important. Retailers still make mistakes with inventory planning, and thereRead More
Last month, YTO Express Airlines took delivery of its fourth freighter-converted 737-300. Yesterday evening, on 5 July, the plane took off on its maiden flight to Beijing Capital (PEK) from Hangzhou’s Xiaoshan (HGH) airport sporting YTO livery. YTO is leasing the ex-Donghai Airlines freighter (24916) from GECAS, and plans toRead More
SHANGHAI – Speaking at the Air Cargo China event in Shanghai today, Cargolux CEO Dirk Reich hinted that his airline might move from its current dual-hub strategy to a triple-hub strategy, with the third hub located somewhere in the US. Two years ago, when Luxembourg-based Cargolux added a second hubRead More
To follow up on yesterday’s post about the new Lufthansa/Cathay Pacific cargo partnership, we offer some fleet and traffic details, and (it is Friday) some videos featuring the two airlines. Starting with the fleets: Both Lufthansa and Cathay operate large fleets of widebody passenger aircraft, with significant (and growing) belly capacity. LufthansaRead More