China’s Express companies unfazed by outward FDI crackdown

The days of HNA Group acquiring a new airport entity every few months may be coming to an end as Chinese regulators begin enforcing stricter outbound investment rules; yet this does not seem to have China’s express companies worrying about their ability to continue expanding into international markets. As SF Express demonstrates, despite moving forward […]
  • Charles Kauffman
  • July 31, 2017

Everything is coming up roses for UPS

UPS reported strong financial and operational performance in the second-quarter of 2017, with net income up 9.1% y-o-y to $1.38 billion as revenue rose 5.0% to $15.75 billion. Operating income for the quarter was up 8.7% to $2.22 billion. Revenue rose in all three of the company’s operating segments, and operating income was up in […]
  • David Harris
  • July 27, 2017

Boeing Shanghai and SF ink maintenance deal

Last week, SF Airlines, the Shenzhen-based air arm of China’s biggest express company, signed an agreement with Boeing Shanghai Aviation Services Co Ltd covering the carrier’s fleet of sixteen 737 Classic freighters, and five 767-300BCFs. SF’s first aircraft is currently undergoing a C-check at Boeing Shanghai’s MRO facility. The nose-to-tail maintenance check is expected to […]
  • Charles Kauffman
  • July 24, 2017

Germany’s airports sprout cargo connections to China

Rapidly growing cross-border e-commerce coupled with the desire of Chinese express companies to add international connections to their air networks is causing a flurry of activity at German airports. Although multiple airports throughout Germany are seeing additional scheduled freighter frequencies, Frankfurt-Hahn Airport (HHN) and Hanover-Langenhagen Airport (HAJ) are two airports of particular interest for China-to-Europe […]
  • Charles Kauffman
  • July 19, 2017

SF Express Airlines opens new hub at Shanghai Pudong

Following the recent termination of CAAC restrictions which had for months blocked Shanghai Pudong International Airport (PVG) from launching new flights, SF Express Airlines seized the opportunity to bring China’s most populous city into its rapidly expanding air freight network. A new 25,000 sq. meter airside terminal will allow SF to connect its expansive ground […]
  • Charles Kauffman
  • July 13, 2017

The turboprop freighter fleet in 2017

Today we begin a multi-part analysis of the worldwide fleet of turboprop freighter aircraft in commercial service, starting with some background and then showing the breakdown of the fleet by type and operator. You can read Part II here, and Part III here. Two years ago, in our analysis of the turboprop freighter fleet in […]
  • David Harris
  • July 7, 2017

China Eastern to fuel JD.com’s own-operated air freight network?

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is its e-commerce platform and last-mile delivery […]
  • Charles Kauffman
  • June 29, 2017

A record quarter for FedEx — plus mattresses and gym equipment, too!

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70 million loss). As usual, though, […]
  • David Harris
  • June 23, 2017
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