Post Tagged with: "Asiana"

New ACMI-deals highlight growing demand for 747Fs

New ACMI-deals highlight growing demand for 747Fs

Aircraft, Asia, Capacity & Demand, Carriers, News September 15, 2017 at 10:52 am

This month, Atlas Air Worldwide (AAWW) will begin operating a 747-400F on an ACMI basis for Deutsche Post DHL Group’s forwarding subsidiary, DHL Global Forwardin. Separately, Orlando-based National Airlines announced it had placed two 747-400Fs with China-based BST Logistics. Do these deals sound familiar? They should. Atlas has recently inkedRead More

Atlas expands its fleet

Atlas expands its fleet

Aircraft, Asia, Capacity & Demand, Carriers, News September 11, 2017 at 10:33 am

Atlas Air Worldwide Holdings (AAWW) acquired a 747-400ERF (33515) on lease from Altavair. The freighter was originally delivered to Korean Air in 2003, and has been operated by Korean until now. Altavair acquired it, along with a sister ship, in a forward sale late last year. The second of theRead More

Green grass and high tides for Atlas

Green grass and high tides for Atlas

Asia, Capacity & Demand, E-Commerce, Earnings, Express, News August 2, 2017 at 10:56 am

Not only did Atlas Air Worldwide Holdings (AAWW) report an extremely strong second quarter and first half, CEO Bill Flynn said the company expected the good momentum “to carry through 2017, into 2018, and beyond.” In the second quarter, Atlas reported net income up 89.3% over 2Q16 to $40 million,Read More

One of Korean Air's first 777Fs. Photo: Alex Kwanten

South Korean air cargo traffic 7.5% higher in 2016

Asia, Traffic March 14, 2017 at 9:43 pm

South Korean air cargo traffic 7.5% higher in 2016, compared to 2015, as total tonnage reached 3.78 million tonnes. The country’s two big carriers, Korean Air and Asiana, both operate significant freighter fleets. Korean Air accelerated its freighter fleet renewal efforts in 2016. In the last twelve months, Korean hasRead More

Asiana and Atlas in trans-Pac ACMI agreement

Asiana and Atlas in trans-Pac ACMI agreement

Aircraft, Asia, Carriers, News, Strategy February 14, 2017 at 10:54 am

Asiana Cargo, the cargo arm of South Korea-based Asiana Airlines, signed an agreement to ACMI lease a 747-400F from Atlas Air, one of the airline subsidiaries of Atlas Air Worldwide Holdings (AAWW). Atlas will operate the freighter, beginning this month, on trans-Pacific routes connecting South Korea “with several destinations inRead More

Asiana brings new life to Bedek’s 747-400 conversion program

Conversions December 5, 2016 at 12:08 pm

During the Cargo Facts Symposium, Rafi Matalon, Bedek’s senior director & GM Marketing and Business Development, announced that his company had received an order, from an unidentified customer, for two 747-400 combi-to-freighter conversions. Given the limited number of -400 combis in operation, the source of feedstock could have been winnowedRead More

$1.1 billion IPO for BOC Aviation, Boeing takes stake

$1.1 billion IPO for BOC Aviation, Boeing takes stake

Aircraft, Asia, E-Commerce, News June 2, 2016 at 10:45 am

Singapore-based BOC Aviation Ltd recently announced it had secured cornerstone investors for its initial public offering on the Hong Kong Stock Exchange, and on 1 June shares began trading. With an estimated US $1.1 billion raised, BOC became the second largest IPO in Asia this year, and the largest aircraftRead More

Will aircraft age limit affect Korean freighter operators?

Will aircraft age limit affect Korean freighter operators?

Aircraft, Asia, Carriers, Premium Newswire, Strategy May 22, 2015 at 10:55 am

Eight South Korean airlines are reported to have signed an agreement with the country’s Ministry of Land, Infrastructure, and Transport (MLIT) to only operate aircraft of twenty years or younger. At present, three of the eight carriers, Korean Air, Asiana Airlines, and Air Incheon, operate a total of twelve aircraftRead More