SF Express earmarks $212 million for aircraft purchases in latest bond offer

This week, Shenzhen-based SF Holdings, the parent of SF Express and SF Airlines, announced the issuance of six-year convertible bonds in hopes of raising US$825 million (5.8 billion yuan). Of this amount, the largest allocation, some $212 million, will go towards aviation-related expenses including maintenance of SF Airlines’ existing freighter fleet, and to fund the […]

Uni-top grounds fleet as it seeks new investors as part of restructure

Wuhan-based Uni-top Airlines’ fleet of freighters is currently grounded as the carrier faces financial difficulties and looks to restructure. According to Chinese business news outlet Yicai, the company has suspended all operations and has parked or returned its aircraft off lease. The last aircraft to have stopped flying appears to have been unit 763, which […]

CAM receives second ex-ANA 767BCF to be placed with UPS

Air Transport Services Group’s (ATSG) leasing arm Cargo Aircraft Management (CAM) has taken redelivery of the second 767-300BCF (24632) it acquired from Japanese carrier ANA Cargo and plans to lease to Atlanta-based UPS. The aircraft was ferried from Tokyo (HND) to Wilmington (ILN) via Anchorage (ANC), arriving on the morning of Nov. 15. Unit 24632, which […]

DHL’s Olin on fleet growth for Latin American express hub

On Oct. 27, DHL Express took redelivery of a 767-300BCF (28042, ex-Air Italy) following conversion to freighter configuration by Boeing at the SASCO facility in Singapore [FAT 005220]. The aircraft was ferried to Panama, where it is being registered on the air operator’s certificate (AOC) of DHL’s Panama-based airline, DHL Aero Expreso. When the aircraft goes into service, which […]

EFW redelivers final A330-200P2F to EgyptAir leaving DHL as sole confirmed customer for A330P2Fs

EFW, the conversion house that is a 55/45 joint venture between ST Engineering Aerospace and Airbus, redelivered an A330-200P2F (610) to Egyptair [FAT 005235]. EFW’s current order book for A330 conversions stands at five A330-300s for DHL Express, with options for ten more. The EgyptAir freighter, which was converted from feedstock that was previously operated […]

DHL to add a 767-300BCF to Panamanian operation

On Oct. 27, DHL Express took redelivery of a 767-300BCF (28042, ex-Air Italy) following conversion to freighter configuration by Boeing at the SASCO facility in Singapore [FAT 005220]. The aircraft was ferried to Panama, where it is being registered on the air operator’s certificate (AOC) of DHL’s Panama-based airline, DHL Aero Expreso. When the aircraft […]

Diversification, robust demand for 767Fs elevate ATSG 3Q19 results

Air Transport Services Group (ATSG) reported an increase in customer revenue for the third quarter of 2019 of 79% year-over-year to US$366.1 million, partly because of the acquisition of Omni Air International in November 2018 but also because of strong demand for ATSG’s 767 freighters and flight operations. Operating income rose by almost 52% compared […]

EgyptAir shelves plans for more freighters

EgyptAir has reportedly decided not to take any more converted freighters beyond the two it currently operates and another one soon joining the fleet. All three A330-200P2Fs were previously in passenger service with the Cairo-based carrier. Speaking to African Aerospace, Ahmed Adel, EgyptAir’s new chairman and chief executive, said that the airline’s cargo division will […]
Page 2 of 6«12345 » ...Last »
Get Latest Issue