ATSG, DHL renew 767 lease and operating agreements

Last week, ATSG announced it had reached an agreement with DHL to extend dry leases on a total of eleven 767Fs for three more years, through April 2022. Operational agreements for five 767s currently in service with ABX Air – four 767-300BDSFs and one 767-200BDSF – were also extended. The other six 767-200BDSFs involved in […]

CFA: China Southern Cargo to outline reform strategy in June

Earlier this month at Cargo Facts Asia in Shanghai, Zhang Dezhi, VP Cargo for China Southern Airlines, told conference delegates that the reform process was well underway for the cargo unit of China’s largest combination carrier and that a detailed plan would be announced before the quarter’s end. Frustrated with the division’s sluggish growth rates […]

Cargo Facts Asia: SF Airlines targeting 100 large freighters by 2022

SHANGHAI – China’s fastest-growing express carrier, SF Express, is planning to grow its widebody freighter fleet from just eight units today to more than 100 by 2022, according to remarks from George Li, VP, SF Express, during a presentation this morning at Cargo Facts Asia.   The expanded freighter fleet will play into SF’s three-tier aviation […]

Cargo Facts Asia: 2 fast-growing Asian express carriers pursuing ACMI

SHANGHAI – Tianjin Air Cargo and Juneyao Air Logistics, two fast-growing Chinese express carriers, will consider ACMI leasing of widebody and narrowbody freighter aircraft, respectively, the companies said at today's eighth annual Cargo Facts Asia here. Although carriers serving the e-commerce fueled express markets would ultimately prefer to control their own long-haul capacity, panelists agreed […]

The narrowbody freighter fleet part III: 757-200F dominates in express

Today we conclude our analysis of the worldwide fleet of narrowbody jet freighters with a look at the fleet on a type-by-type basis, with a focus on express vs. general cargo, and then by regional distribution. You can read part I on the overall composition of the fleet here, and part II on the passenger-to-freighter […]

Alibaba acquires 14% stake in STO Express

E-commerce giant Alibaba Group will take a 14% stake in Chinese STO Express through a US$693 million deal. The move strengthens Alibaba’s access to STO’s network, while the new surge of investment will likely help the express carrier in its aims to grow its aircraft fleet.   STO Express announced that its controlling shareholder plans to set up a new […]

DP-DHL’s 4Q Express, GF growth outweighed by PeP weakness

Despite revenue growth across all segments during the fourth quarter, and operating profit (EBIT) growth in the Express and Global Forwarding segments, Deutsche Post-DHL Group (DP-DHL) reported Group EBIT declines of 4.0% year-over-year to €1.13 billion, and 15.5% to €3.16 billion for the 4Q and FY2018 respectively, due to sharp declines in the Post-eCommerce-Parcel (PeP) segment. PeP EBIT fell 28.4% and […]

Amazon growing last-mile strength, planning to go toe-to-toe with integrators?

Major integrators FedEx and UPS have been adamant that they aren’t worried by Amazon’s growing freighter fleet and last-mile delivery network. However, after yesterday’s release of fourth-quarter and full-year 2018 results from US-based 3PL and major Amazon service provider XPO Logistics, perhaps integrators and other logistics providers in major markets served by Amazon should be […]
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