Chinese carriers to need more freighter conversions than initially forecasted

Boeing has released an updated version of its Current Market Outlook, which provides a more nuanced look at its expectations for the freighter market over the next twenty years, compared to the CMO released at this year’s Paris Air Show. The updated report is more upbeat regarding the Asia Pacific region’s projected demand for freighter […]
  • Charles Kauffman
  • September 8, 2017

Yes, July was great, but what about August?

Three weeks ago, based on reports of July performance from some of the world’s big cargo carriers and airports, we predicted that when WorldACD and IATA released their comprehensive analyses in early September, we would see worldwide demand for air freight in July up between 11% and 12% y-o-y. Late last week, WorldACD reported year-over-year […]
  • David Harris
  • September 7, 2017

The good times keep rolling in July

Two weeks ago, when we analyzed the just-published July results from some of the world’s big carriers and airports, we predicted that when IATA and WorldACD published their detailed analyses of cargo traffic worldwide at the beginning of September, we would see air freight demand growth in July of 11% or 12%, year-over-year. We are still […]
  • David Harris
  • September 1, 2017

Where have all the orders gone?

What has happened to the market for production freighter aircraft? The conversion houses can hardly keep up with demand for narrowbody and medium widebody freighters, the news is full of stories of e-commerce driving big increases in demand for air freight, and airlines the world over are reporting increasing traffic and yields. But new orders […]
  • David Harris
  • August 30, 2017

E-commerce drives China-Russia airfreight links

The Express Logistics arm of China Post reached an agreement with the Russian Post to have its affiliate airline, Aviastar-TU operate a TU-204-100C freighter on scheduled thrice-weekly service between Novosibirsk and Hangzhou, according to a report in Xinhua. Although flight frequencies and capacity are relatively insignificant given the volumes moving between China and Russia, they […]
  • Charles Kauffman
  • August 22, 2017

Cargo shines in Cathay’s dark first half

The Cathay Pacific Group reported a net loss of US$262 million in the first half of 2017, down from a profit of $45 million in 1H16, as the carrier’s passenger business struggled in the face of increasing competition from airlines based in mainland China. On the cargo side, however, there was nothing but good news. […]
  • David Harris
  • August 18, 2017

Double-digit demand growth continues in July

July results are now in from many of the world’s major cargo carriers and airports, and it appears that growth in demand for air freight is continuing to be very strong. Some carriers and airports saw better results in July than in June, while others reported smaller gains, but the overall picture is similar. We […]
  • David Harris
  • August 17, 2017

The world’s top 50 cargo carriers Part III: The big picture

Today, in Part III of our annual analysis of the world’s top cargo carriers, we step back from the rankings of individual carriers to see what those rankings tell us about the air freight and express market in general in 2016. (You can read Part I here, and Part II here.) Digging a little deeper […]
  • David Harris
  • August 10, 2017
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