AirBridgeCargo seeks to cull 747F fleet

Russia-based AirBridgeCargo (ABC) is in negotiations with lessors to terminate agreements on up to five 747 freighters. The carrier said it entered into discussions with its leasing partners late last year as air cargo demand slumped. In the fallout from the COVID-19 outbreak that has forced ABC to cancel flights, those talks have intensified in […]

Atlas posts $400M loss, parks four converted 747Fs

Atlas Air Worldwide Holdings today reported a net loss of $410.2 million for the fourth quarter of 2019, partly resulting from a non-cash special charge of $485.2 million related to the write-down of the company’s whole 747-400F fleet due to lower cargo yields and aircraft utilization. Atlas posted the loss despite block hours in the […]

Digital bookings on the rise, but are sales stuck in analog?

Digitalization of the cargo sales and booking process was a popular discussion topic at this year’s Cargo Facts EMEA, held earlier this month in Frankfurt. While interfacing with online booking platforms like cargo.one and Freightos’ WebCargo is a practice gaining traction among carriers, human sales agents are still central to the process. “We have a […]

Biman Bangladesh looks to add freighters

Biman Bangladesh Airlines has plans to add freighters to its fleet to satisfy “huge demand” from local traders, Md Mokabbir Hossain, the carrier’s managing director and CEO, told Dhaka-based outlet New Age. Biman’s long-term strategy sees the airline growing its fleet to a total of fifty aircraft by 2030. The carrier currently only has a […]

CF EMEA: Striving for freighter-to-belly balance

FRANKFURT — Turkish Airlines, which has a freighter fleet of ten A330-200Fs and seven 777Fs, took its seventh 777F in January and has one more unit on firm order for delivery in a month or so. The carrier also has an overall fleet of around 300 aircraft, including more than 100 widebody aircraft with cargo-friendly […]

Cargo Facts Asia conference moves to Singapore in wake of coronavirus

Cargo Facts Asia 2020 has moved to Singapore in response to the novel coronavirus that began in China in December. Royal Media Group, Cargo Facts Asia’s producer, announced today that the ninth annual conference will take place at the Mandarin Oriental Singapore on April 20-22, 2020, rather than in Shanghai. Cargo Facts Asia is a […]

Clearing the 737 Max backlog could take three years, Cargo Facts Consulting finds

The delays associated with the 737 Max are expected to affect the narrowbody passenger-to-freighter feedstock situation into 2023, Cargo Facts Consulting (CFC) finds. The current idle 737 Max fleet stands at more than 740 units, including approximately 380 units that had been delivered at the time of grounding in March 2019. Continue reading this article […]
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