Asian carrier traffic fell steeply in February

Major carriers based in Asia are reporting steep declines in cargo demand for the month of February, compared to the same month in 2018. Although distortions can be expected when it comes to annual comparisons for the months of January or February due to the timing of the Lunar New Year holiday, this year’s declines […]
  • Charles Kauffman
  • March 20, 2019

Alibaba acquires 14% stake in STO Express

E-commerce giant Alibaba Group will take a 14% stake in Chinese STO Express through a US$693 million deal. The move strengthens Alibaba’s access to STO’s network, while the new surge of investment will likely help the express carrier in its aims to grow its aircraft fleet.   STO Express announced that its controlling shareholder plans to set up a new […]
  • Chelsea Toczauer
  • March 11, 2019

Sichuan Airlines prepares for launch with A330-200Fs

Chengdu-based Sichuan Airlines has selected Brussels as the first international destination to be served by the carrier’s incoming A330-200Fs. Thrice-weekly flights are expected to launch before the end of April, according to Brussels Airport. Cargo Facts reported in May that three BOC Aviation owned A330-200Fs coming off lease with Qatar Airways would likely end up […]
  • Charles Kauffman
  • March 8, 2019

Horst joins Cargo Facts Consulting as managing director

Frederic Horst, a long-time airfreight analyst, consultant, and strategist, has joined Cargo Facts Consulting as managing director. Horst’s appointment is effective immediately. Cargo Facts Consulting, the sister consultancy of this news resource, was founded in 1978 as Air Cargo Management Group. Cargo Facts Consulting has a long history of providing exceptional advisory and research to […]
  • JJ Hornblass
  • March 7, 2019

New cargo startup, more freighters for China

Today, the Civil Aviation Administration of China (CAAC) approved the establishment of a new Chinese cargo carrier, Zhongzhou Airlines Co., Ltd., that will be based out of Zhengzhou Airport (CGO). The airport, which also serves as Cargolux’s China hub, seems to be gaining traction as a hub in the domestic Chinese cargo landscape. Zhongzhou Airlines is […]
  • Chelsea Toczauer
  • January 31, 2019

Chinese fiscal reform could be a boon to e-commerce, says Alibaba

The Chinese Government’s sudden affinity for fiscal policy expansion is expected to boost consumer consumption and online business activity from small and medium enterprises (SMEs) through a series of pro-consumption fiscal policies, said Joe Tsai, EVP, Alibaba Group. Such fiscal policies also allay fears that new “e-commerce policies” – which aim to make gray-market transactions […]
  • Charles Kauffman
  • January 30, 2019

SF Airlines adds its 50th freighter

On 21 December, SF Airlines took redelivery of a 757-200PCF (27201) following its conversion to freighter configuration by Precision at the Ameco facility in Chengdu. The redelivery brings SF’s freighter fleet up to fifty units. The airline affiliate of SF Express has grown its freighter fleet at an impressive rate, from only ten freighters in […]
  • Caryn Livingston
  • December 24, 2018

Longhao Airlines is the newest 737-400F operator on the block

Guangzhou-based all-cargo carrier Longhao Airlines took redelivery today of its first 737-400F (27916, ex-Japan Transocean Airlines). The PEMCO-converted aircraft redelivery represents the third aircraft the fledgling carrier has imported since the beginning of this year and grows the carrier’s freighter fleet to six units – three of which, not including the 737-400F, are currently active. […]
  • Charles Kauffman
  • November 27, 2018
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