FedEx is the Launch Customer for ATR’s new production freighter

ATR signed an agreement with FedEx for the purchase of thirty ATR 72-600Fs, with options for twenty more. This will be ATR’s first production freighter. Until now, any carrier or lessor that wanted a turboprop freighter had to first acquire a used passenger unit, and then have it converted to freighter configuration. Most such conversions […]
  • David Harris
  • November 8, 2017

Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]
  • David Harris
  • November 7, 2017

Demand for 767 conversions stays strong

When Amazon announced its agreements with Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings for a forty-unit 767 freighter fleet, demand for 767 feedstock and conversion slots quickly ramped up. But this demand was accompanied by the question of “after Amazon, then what?” Once ATSG and Atlas had fulfilled their obligation to Amazon, […]
  • David Harris
  • November 3, 2017

Carriers in the Maghreb continue to add freighters

Earlier this year, on 21 June, Boeing and Casablanca-headquartered Royal Air Maroc (RAM) announced an order to convert a passenger 767-300 from the Moroccan carrier’s fleet, to freighter configuration. According to multiple flight and fleet-tracking databases, it appears that one of Royal Air Maroc’s 767-300s (30008) has been taken out of scheduled passenger service, and […]
  • Charles Kauffman
  • October 31, 2017

This week’s freighter aircraft transactions [VIDEO]

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is available to […]
  • Charles Kauffman
  • October 27, 2017

New strategy delivers 3Q dividends for Lufthansa Cargo

The Lufthansa Group reported revenues from its Logistics business segment up 17.4% y-o-y in 3Q17, to €594 million, on higher cargo traffic and a more favorable pricing environment. EBIT in 3Q17 was €21 million, up from a loss of €17 million in the same quarter of 2016, in part from the success of a cost-cutting […]
  • Charles Kauffman
  • October 25, 2017

Should freighter flights be exempt from the 80:20 rule?

If you were to ask any of the foreign freighter operators calling to Amsterdam Airport Schiphol (AMS), the answer would unanimously be “yes!” In recent months, the 80:20 rule has become frustratingly relevant because Air Traffic Movements (ATMs) at AMS are expected to approach the government-mandated quota of 500,000 for any single year, beginning in […]
  • Charles Kauffman
  • October 23, 2017

PEMCO flexes its combi muscles

PEMCO World Air Services passed a milestone yesterday in the development of its 737-700 Passenger-to-FlexCombi conversion program. Donning protective eyewear, John Chisholm, owner of Bahrain-based launch customer Chisholm Enterprises, made the final cuts in the skin of unit 30293, an ex-Yakutia 737-700 that will, following certification and redelivery, be operated by Chisholm subsidiary Texel Air. […]
  • David Harris
  • October 20, 2017
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