In September 2014, Wuhan-based Uni-top Airlines announced plans to acquire seven A300-600s and have them converted to freighter configuration – taking the little-known Chinese carrier’s fleet from three 747-200Fs to a total of ten widebody freighters – many in the industry expressed doubt. After all, Uni-top had acquired GrandStar CargoRead More
Post Tagged with: "Asia"
The International Air Transport Association released its air freight market analysis for February 2015, showing an overall 11.7% year-over-year increase in worldwide cargo traffic. The growth was driven by a 22.0% increase in international traffic reported by carriers from the Asia-Pacific region, which underpinned an overall 12.7% growth in internationalRead More
Early reports from some of the world’s major cargo carriers and airports indicate that the trend of increasing demand that has been underway since mid-2013 will continue in July. The big carriers in the US, and many of those in Asia posted strong results. Two of Europe’s big three, whileRead More
Yesterday we reported strong cargo growth at Etihad Airways and American Airlines. Today, two of Asia’s biggest cargo handlers also reported exceptionally strong growth in June and for the first half of 2014. So, while the big European carriers appear to be struggling, it is beginning to look as thoughRead More
Switzerland-based Farnair acquired the 45% stake in Thailandbased K-Mile Air formerly held by Malaysia’s Transmile Group. As part of the agreement, Farnair will place a 737-400F (28492, recently redelivered to Farnair by Aeronautical Engineers Inc) with K-Mile, replacing the carrier’s single 727-200F (22080),which it recently parked. Farnair has long been a turboprop freighter operator, but lastRead More