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

• Jeff Lee
• November 7, 2019
• Aircraft, Capacity & Demand, Carriers, Conversions, Earnings, Narrowbody Conversions, News, Widebody Conversions

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

• Charles Kauffman and Jeff Lee
• November 1, 2019
• Aircraft, Capacity & Demand, Carriers, News, Production Freighters, Strategy

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

• Jeff Lee
• October 30, 2019
• Aircraft, Capacity & Demand, Carriers, Earnings, Narrowbody Conversions, News, Production Freighters

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

• Jeff Lee
• October 29, 2019
• Aircraft, Capacity & Demand, Carriers, News, Production Freighters, Strategy

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, […]

Lufthansa Cargo preparing to retire another MD-11F?

• Jeff Lee
• October 11, 2019
• Aircraft, Capacity & Demand, Carriers, Production Freighters, Strategy

Another MD-11F belonging to Germany-based Lufthansa Cargo appears to be being prepared for retirement. The aircraft (48805) would the second of two MD-11Fs the carrier had planned to remove from its fleet by the end of the year, after unit 48785 was ferried to Victorville (VCV) in August 2019. Unit 48805 has not flown since […]

Second UPS 767-300BDSF completed

• Jeff Lee
• October 7, 2019
• Aircraft, Capacity & Demand, Carriers, Conversions, Express, Freighter Aircraft Transactions, News, Strategy, Widebody Conversions

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 […]

Garuda keen to expand freighter ops

• Jeff Lee
• October 4, 2019
• Aircraft, Capacity & Demand, Carriers, Conversions, News, Strategy

As e-commerce continues to drive airfreight growth, Garuda Indonesia could grow its freighter fleet to eight units by the end of next year. The Indonesian carrier told local media outlet Kontan that it has already been using three freighters this year. Garuda said that it plans to add both A330Fs for international routes and 737-800Fs […]

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

• Charles Kauffman
• October 1, 2019
• Aircraft, Capacity & Demand, Carriers, Equipment, Production Freighters

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 […]