Diversification, robust demand for 767Fs elevate ATSG 3Q19 results

Air Transport Services Group (ATSG) reported an increase in customer revenue for the third quarter of 2019 of 79% year-over-year to US$366.1 million, partly because of the acquisition of Omni Air International in November 2018 but also because of strong demand for ATSG’s 767 freighters and flight operations. Operating income rose by almost 52% compared […]

CargoLogicAir to cut two 747Fs early next year

UK-based CargoLogicAir (CLA) will reduce its four-unit 747F fleet by two units next year, “because of the ongoing challenging market conditions,” according to a statement from the carrier. Following the reduction, CLA intends to continue operating two aircraft in ACMI service. The cuts are the latest prompted by CLA’s parent, the Volga-Dnepr Group, which earlier this […]

Atlas 3Q earnings take hit from tariffs and trade tensions

While total block hours were up 7.7% year-over-year, Atlas Air Worldwide Holdings reported an operating loss of $0.88 million for the third quarter of 2019, a 102% drop year-on-year. Adjusted net income was $9.5 million, 78% lower than 3Q 2018. Block-hour growth was mainly driven by CMI flying. During the third quarter of 2019, Atlas […]

ANA Cargo puts own-operated 777F into trans-Pacific service

Japan-based ANA Cargo today commenced long-haul freighter operations with its own 777F aircraft. The carrier deployed its second of two 777Fs (65757) for the first flight on the new route between Tokyo (NRT) and Chicago (ORD). ANA Cargo told Cargo Facts that today’s inaugural flight carried approximately 80 tonnes of freight, consisting mainly of cars, […]

Second UPS 767-300BDSF completed

Cargo Aircraft Management (CAM), Air Transport Services Group’s (ATSG) leasing arm, has taken redelivery of the second 767-300BDSF (28039, ex-Air Italy) it has agreed to dry-lease to Atlanta-based UPS [FAT 005158-005159]. After a three-hour test flight, the aircraft was ferried from the Israel Aerospace Industries (IAI) facility in Tel Aviv (TLV) to Shannon (SNN). Unit […]

Boeing delivers a trio of 777Fs in a single day, buoying 3Q deliveries

On Sep. 30,  Everett Paine Field (PAE) resembled Memphis (MEM) with the frequency of 777F departures . Over the course of a single day, Boeing delivered three 777Fs to two different carriers. While we recall double-deliveries in the past, three large widebody freighters in a single day appears to be a record for Boeing. Production […]
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