ATSG sees increasing demand for medium widebodies.

ATSG reported a moderately good first quarter, but the big news was two new leasing contracts. US-based Air Transport Services Group (ATSG) reported first-quarter net income down 20.8% y-o-y to $7 million. The decline came despite a slight (0.2%) increase in net revenue from customers to $144 million, but ATSG nonetheless maintained a reasonably healthy […]

AEI launches 737-800 conversion programs

HONG KONG — There was much interest in the four sessions held here today at Cargo Facts Asia, but the big news was undoubtedly the formal launch at the event of a 737-800 Passenger-to-Freighter and Passenger-to-Combi conversion program by US-based Aeronautical Engineers (AEI). We will analyze the program in detail in the upcoming issue of […]

EFW to convert four A300-600s for Uni-Top

The Cargo Facts Asia 2014 event is still an hour from being officially underway, and already there is news breaking. The first news – from late last night – is a major move by Wuhan-based Uni-Top Airlines, which signed an order with EFW for four A300-600 passenger-to-freighter conversions. Cargo Facts believes that Uni-Top has in […]

Grim prospects for widebody freighters?

As we have reported many times, the combination of high fuel costs and low inventory carrying costs for shippers in the current interest rate environment, has made surface transport much more attractive. While this has negative implications for the air freight industry as a whole, the mood at the ISTAT Americas conference this week regarding […]

The bell continues to toll for the 747-400F and MD-11F

Speaking at this week’s IATA World Cargo Symposium in Los Angeles, FedEx founder, Chairman and CEO Fred Smith emphasized the importance in today’s difficult air freight market of operating the most efficient freighters available. As an example, he pointed out that a 777 Freighter flight from Hong Kong to Anchorage cost at least $30,000 less […]

Mystery Machines: Whose four 777Fs are these?

Boeing recently announced an order for four 777 Freighters from “Unidentified Customer(s)”. Based on information from sources in North America and the UK, Cargo Facts believes that the end user of the four freighters will be Saudia Cargo, the cargo arm of Jeddah-based Saudia. In addition to the 777F order, it is believed that an […]

“Super” news for the 747-8F

Does anyone remember 37564? That’s the msn of an early-build 747-8 Freighter, originally one of twelve ordered by Atlas Air Worldwide holdings. But Atlas exercised a contractual right to cancel the first three of those orders, and for some time the three freighters sat as whitetails. Two of the three were eventually sold to an “unidentified […]

What happened to the widebody conversion market?

2013 was a very good year in the narrowbody conversion market, as orders poured in for passenger-to-freighter conversion of 737-300s, 737-400s, MD-80s, and 757-200s. For those offering widebody conversions, however, it was “the year that wasn’t.” That is, as far as we know, there was not a single widebody conversion order placed in 2013. Passenger-to-freighter […]
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