Japan-based NYK Group, parent of Nippon Cargo Airlines (NCA), said it reached an agreement with Boeing to cancel NCA’s two remaining orders for 747-8 freighters. NCA was a launch customer for the 747-8F, placing an order for eight units in November 2005, and upping its total to fourteen in early 2007. However, byRead More
Post Tagged with: "fleet analysis"
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
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
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
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
In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpseRead More
Today we conclude our four-part analysis of the worldwide widebody freighter fleet. In the first three parts we looked at the composition of the fleet as it stands at the beginning of 2017, and how it has changed over the last twelve months. You can read Part I here, PartRead More