A record quarter for Atlas

Atlas Air Worldwide Holdings (AAWW) reported fourth-quarter 2017 net income up well over 600% y-o-y to $209.5 million, as revenue rose  18.5% to a record $627.9 million. Operating income for the quarter was up 5.2% to $106.7 million. The huge jump in reported net income was driven by three one-time financial items: A $130 million […]
  • David Harris
  • February 22, 2018

Freighter Aircraft Transactions through mid-February

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 […]
  • David Harris
  • February 19, 2018

The widebody freighter fleet — Part III

In Parts I and II of this analysis of the widebody jet freighter fleet as it stood at the end of January 2018, we have offered an overview of the entire fleet – which carriers are operating which freighters – and examined the ways in which the fleet has changed – both in the last […]
  • David Harris
  • February 14, 2018

The widebody freighter fleet — Part II

Yesterday, in Part I of this analysis of the widebody freighter fleet as it stood at the end of January 2018, we offered an overview of the entire fleet – which carriers are operating which freighters. We concluded Part I with a chart showing every airline that operates widebody jet freighters in commercial service, including […]
  • David Harris
  • February 13, 2018

The widebody freighter fleet: Growing again, but slowly

Today we begin a multi-part analysis of the worldwide fleet of widebody jet freighters in commercial service, as of 31 January, 2018. We start with a look at the entire fleet – which carriers are operating which freighters – and in the coming days will move on to the ways in which the fleet has […]
  • David Harris
  • February 12, 2018

New-build 767 freighters for SF Express? And who else?

Cargo Facts has learned that the long-rumored negotiations between China-based SF Express and Boeing regarding an order for new-build 767-300Fs may have finally borne fruit, with SF placing a five-unit order. SF Airlines, the air arm of SF Express, has made no secret of its plans to expand its widebody fleet, and has so far […]
  • David Harris
  • February 9, 2018

Guangdong Aerocity signs LOI with EFW for ten A320 conversions

Just one day after announcing Vallair as the launch customer for its A321P2F conversion program (click here for that story), EFW followed up with the news that China-based Guangdong Aerocity Holding Co Ltd (GDA) signed a Letter of Intent “for a potential order of 10 A320 Passenger-to-Freighter (P2F) conversions to be carried out by EFW.” […]
  • David Harris
  • February 8, 2018

Vallair is the launch customer for EFW’s A321P2F

At the Singapore Air Show today, Luxembourg-based lessor Vallair confirmed it had placed a launch order with Elbe Flugzeugwerke (EFW) for ten A321 passenger-to-freighter conversions. The first aircraft is scheduled for induction in the fourth quarter of 2018, with redelivery planned by the end of 2019. EFW, a 60/40 joint venture of ST Aerospace and […]
  • David Harris
  • February 7, 2018
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