This week’s freighter aircraft transactions [VIDEO]

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 available to […]
  • Charles Kauffman
  • October 27, 2017

Surging international trade carries UPS in 3Q17

After a strong finish in the second-quarter of 2017, UPS reported weaker financial results in quarter three, in part because of the natural disasters which impacted Domestic Operations. The impact was minimized by higher average daily package volumes, and solid results from the company’s International Package Segment, which saw average daily package volumes jump 11.3% […]
  • Charles Kauffman
  • October 26, 2017

Suparna Airlines applies for new routes, suggests more freighters on the way

On 16 October, the CAAC issued a bulletin summarizing a series of routes applied for by Shanghai-based HNA Group subsidiary, Suparna Airlines (formerly Yangtze River Express Airlines, also referred to as “Jinpeng Airlines” in Mandarin). In line with previously announced plans, the routes aim to connect Suparna’s main gateways in China with Europe and North […]
  • Charles Kauffman
  • October 18, 2017

CAAC cutting red tape for cargo start-ups?

After more than a year during which the Chinese Civil Aviation Administration took little action towards approving new start-up cargo airlines (we recall Guangzhou-based Longhao was the last new venture to receive its AOC in December 2016, and subsequently commence commercial service in March 2017), there is suddenly a flurry of activity. Just this week, […]
  • Charles Kauffman
  • October 13, 2017

First flight of the A330-300P2F

Late last week, EFW conducted a successful six-hour test flight of the first freighter-converted A330-300. This was actually the second flight, as the freighter did take off the day before, but, in the face of unfavorable conditions during Windstorm Xavier, landed after only a few minutes. Several more test flights have followed, and EFW says […]
  • David Harris
  • October 10, 2017

UPS, SF Holding jv wins regulatory approval in China

Updated 10 October 2017. On 28 September, UPS and SF Holding (the parent company of SF Express), formally received approval from China’s Ministry of Commerce to launch the joint venture it announced in May. The joint venture will leverage the assets of both companies to enhance, and provide a wider range of international delivery services. […]
  • Charles Kauffman
  • October 2, 2017

Alibaba to invest heavily in logistics over the next five years

In what appears to be a shift away from an asset-light logistics model heavily reliant on third-party partners, China-based Alibaba Group Holding Limited announced plans to invest US $15.2 billion over the next five-years – with the ultimate aim of fulfilling domestic orders within 24 hours, and global orders within 72 hours. Its first major […]
  • Charles Kauffman
  • September 28, 2017

FedEx’s quarterly earnings take hit from cyberattack, hurricane

After a record fourth quarter in its fiscal year 2017, FedEx’s 2018 fiscal year got off to a rougher start as TNT Express operations faced costly setbacks from a cyberattack, and as the company’s US operations felt the disruptive forces of Hurricane Harvey. Overall net income was down 17% year-over-year, to US$596 million on total […]
  • CarynLivingston
  • September 20, 2017
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