Asian freighter fleet analysis part I: Fleet renewals underway at EVA and Air Hong Kong

Today we begin our two-part analysis of the freighter fleet in service with carriers based in China, Hong Kong and Taiwan. We start with a look at carriers based in Hong Kong and Taiwan. Next week, we’ll continue with an analysis of the freighter fleet based in mainland China. Late last year, three ex-Jade 747-400ERFs […]
  • Charles Kauffman
  • October 5, 2018

Nippon Cargo Airlines resumes trans-Pacific route

Nippon Cargo Airlines (NCA), which grounded all eleven units in its 747F fleet back in June, will resume trans-Pacific service this week with a route between Tokyo Narita Airport (NRT) and Chicago’s O’Hare Airport (ORD) via Ted Stevens Anchorage International Airport (ANC). NCA was forced to ground its fleet when inspectors from Japan’s Civil Aviation […]
  • Caryn Livingston
  • September 25, 2018

China Postal Airlines’ parent planning IPO, and fleet expansion?

China Postal Express & Logistics Co., Ltd (EMS), a subsidiary of Beijing-based China Post, which owns a number of logistics companies, including China Postal Airlines and China Post Logistics, is planning to execute an IPO within three years. China Post Chairman, Liu Aili, announced the subsidiary’s intention to go public last week during a signing […]
  • Charles Kauffman
  • August 27, 2018

China’s largest 757F operator prepares for more

On 21 August, ST Aerospace Engineering redelivered a freighter-converted 757-200SF to Shenzhen-based SF Airlines (27806, ex-American Airlines) following conversion at the company’s Seletar MRO facility. The rapidly-growing express carrier has at least four more aircraft in conversion with ST Aerospace Engineering and Precision Aircraft Solutions, and at least six more conversions beyond that. For the […]
  • Charles Kauffman
  • August 23, 2018

NCA to offload 747-400Fs, focus on 747-8F platform as part of restructuring plan

On 17 August, Nippon Cargo Airlines submitted an improvement plan to Japan’s Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) that centers around “revising the flight scale to match the size of the staff” and, according to a statement released by the carrier’s parent NYK Group, will include consolidating the fleet and maintenance operations to […]
  • Charles Kauffman
  • August 20, 2018

Volga-Dnepr, Henan Province partner on Belt and Road initiative

Russia-based Volga-Dnepr Group signed an agreement with Henan Airport Group and Zhongyuan Asset Management to form a “trans-Siberian air bridge” as part of China’s Belt and Road initiative, aimed at redeveloping the ancient Silk Road route between Europe and Asia. The partnership will focus on the Zhengzhou Airport (CGO) and the Zhengzhou Airport Economic Comprehensive […]
  • Caryn Livingston
  • August 10, 2018

Rapid growth of China’s express market continues into 1H18

During the first half of this year, China’s domestic express delivery sector delivered 22.08 billion parcels, an increase of 27.5% y-o-y from 1H17.  International cross-border deliveries, which include parcels moving between mainland China, Taiwan, and Hong Kong and Macau, increased by 43.1% during the same period, to 520 million parcels, according to statistics from the […]
  • Charles Kauffman
  • August 10, 2018

Walmart, JD.com invest $500 million in Chinese online delivery company

Walmart and JD.com will invest $500 million in the Chinese online delivery company Dada-JD Daojia. The company was formed from the merger of JD.com’s JD Daojia online-to-offline business and Dada Nexus, the crowd-sourced delivery company. JD Daojia partners with retail stores to provide one-hour delivery services for groceries and other items, and Reuters estimates JD […]
  • Caryn Livingston
  • August 10, 2018

Cathay stays in the red, despite continued cargo strength

The Cathay Pacific Group reported a net loss of US$34 million in the first half of 2018, marking an improvement from 2017’s first half when the Hong Kong-based carrier reported a net loss of $261 million as its passenger business struggled to counter increasing competition from airlines based in mainland China. So far this year, […]
  • Caryn Livingston
  • August 8, 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
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