Atlas 3Q earnings take hit from tariffs and trade tensions

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 […]

Boeing to bring 737-800BCF conversion line to GAMECO

Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) and Boeing today announced plans to establish a third conversion site for the 737-800BCF at GAMECO’s Guangzhou Baiyun Airport (CAN) facility. The first aircraft is expected to be inducted for conversion in 2020. Additional conversion lines had been expected following a flurry of 737-800BCF orders at this year’s […]

CFS 2019: Reducing the cost of engine ownership

SAN DIEGO – As more next-generation narrowbody aircraft become suitable for conversion into freighter configuration, lessors and operators are increasingly hoping to lower the costs associated with owning engines that power these airframes. During Cargo Facts Symposium’s first ever panel dedicated to engine issues with regard to narrowbody conversions, Aileen Barton, marketing manager of GE […]

CFS 2019: Containerized or bulk for feeders?

SAN DIEGO – Even with a large cargo door that would allow for the loading of unit load devices (ULDs), it might not always make sense for feeder freighters to do so. David Vanderzwaag, manager of sales and business development, interiors, at Collins Aerospace, told the audience at Cargo Facts Symposium 2019 the challenges he […]

CFS 2019: Program delays and tight feedstock supply constrain in-flux narrowbody conversion market

SAN DIEGO – Conversion houses and OEMs have developed, or are in various stages of developing, a new generation of narrowbody freighter conversion programs based on the A320-family and 737-NG platforms. Although operator demand remains strong, redeliveries have yet to reach their full potential, according to panelists on a conversion panel last week at Cargo […]

CFS 2019: ATR optimistic about opportunities outside Europe and U.S.

SAN DIEGO – While recent redeliveries of ATR conversions have been predominantly destined for operators in Europe and the U.S., one notable exception was Philippines-based Cebu Pacific, which received its first ATR 72-500F in July 2019, converted by IPR Conversions. The airline is expecting a second freighter-converted ATR 72-500F by the end of the year. […]

Vallair expanding engine portfolio to support narrowbody freighter conversions

Luxembourg-based Vallair, which signed on as the launch customer for A321 passenger-to-freighter conversion programs with both EFW and 321 Precision Conversions, is set to begin placing freighter-converted A321s with Qantas Freight and other carriers next year. Although sourcing suitable engines for 737 NG and A320-family narrowbody aircraft remains a challenge, the leasing and trading company […]

CFS 2019: Could LATAM Cargo make narrowbody freighters work in its network?

SAN DIEGO – In March 2018, Santiago-headquartered LATAM Cargo offloaded the final two remaining 777Fs in its fleet, selling the pair to Atlas Air Worldwide Holdings. As a replacement for the 777Fs, the carrier opted to convert three 767-300ERs from its passenger fleet to freighter configuration with Boeing. To date, two 767-300BCFs have been redelivered, […]
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