Freighter aircraft transactions through mid-August

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• Caryn Livingston
• August 15, 2018

Freighter aircraft leasing: Portfolios full of narrowbodies – part II

Yesterday we began our annual analysis of freighter aircraft leasing with an overview of the lessors involved in freighter aircraft leasing. You can read part I here. Today in part II, we look at the leased freighter fleet by carrier. Turning now an analysis of the fleets of carriers that lease freighter aircraft begins to […]

• Charles Kauffman
• August 14, 2018

ATSG’s appetite for 767Fs to persist beyond 2019

Concurrently with the reporting of its 2Q18 financial results, during a call with financial analysts, Air Transport Services Group (ATSG) doubled-down on its commitment to the 767 platform through 2019 and beyond, signaling that it will add between six and ten of the type in 2019, and is likely to add more in 2020 and […]

• Charles Kauffman
• August 7, 2018

EFW redelivers first A330-200P2F to EgyptAir Cargo

On 3 August, EgyptAir Cargo took redelivery of the first A330-200 passenger-to-freighter converted aircraft from EFW, the MRO and conversion joint venture of ST Aerospace Engineering and Airbus. EgyptAir initially signed on as EFW’s launch customer with an order for two of the converted freighters in late 2014 and has since confirmed an order for a third, […]

• Caryn Livingston
• August 6, 2018

Atlas Air revenue, guidance rise again in 2Q

Atlas Air Worldwide Holdings (AAWW) reported a second-quarter net loss of $21.2 million, down from net income of $38.9 million for 2Q 2017, due to an unrealized $50 million loss on outstanding warrants. However, after adjustments, the company saw a 70.8% increase in adjusted net income, to $49.7 million. Operating income rose 4.2% to $60.9 […]

• Caryn Livingston
• August 3, 2018

YTO Express to convert former military air base into global operations hub

Earlier this week, Shanghai-based YTO Express, the parent company of YTO Cargo Airlines inked an agreement with the Jiaxing City local government to convert a 96-hectare plot of land at Jiaxing Airport (JXS) into an aviation logistics hub. Once completed, the former military airport will assume Hangzhou Xiaoshan (HGH) Airport’s current role as the main […]

• Charles Kauffman
• August 2, 2018

Improved 1H18 for Lufthansa Cargo on growth outside Europe

Germany-based Lufthansa reported 1H18 revenues for its logistics business segment up 12.3% year-over-year, to €1.3 billion, despite Group cargo traffic which grew at a slower clip, increasing just 2.9% during the same period, to 5.37 billion RTKs. Improved earnings before interest and taxes (EBIT), which rose 48% year-over-year to €125 million, indicate both that restructuring […]

• Charles Kauffman
• August 1, 2018

Freighter aircraft transactions through the end of July

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• Caryn Livingston
• July 30, 2018

Boeing completes first 737-800BCF for Air Algérie

On 21 July, Boeing unveiled the first 737-800BCF converted at the Taikoo (Shandong) Aircraft Engineering Company Limited (STAECO), in Jinan. Redelivery to Air Algérie is expected shortly. For the Algerian carrier, the freighter is one of two conversions it has on order with Boeing, dating back to an MoU placed at the Farnborough Airshow in 2016. Feedstock […]

• Charles Kauffman
• July 26, 2018

Farnborough 2018: widebody freighters, narrowbody pax

As has been the trend since last year’s Paris Air Show, headliner orders for large widebody passenger aircraft were once again absent. Deals involving narrowbody passenger jets and widebody freighters meanwhile, dominated the show. Also popular this year, were more opaque deals from unidentified customers. Orders for 325 aircraft were placed by unidentified carriers and […]

• Charles Kauffman
• July 25, 2018