A forwarders’ airline? Maybe not.

Has Cargolux lost its luster in the eyes of the big forwarders? Cargolux has never been the world’s biggest airline. Combination carriers like Lufthansa, Air France-KLM, Cathay Pacific, and Korean Air, have not only offered freighter fleets similar to that of Cargolux, they also offer belly space in their huge long-haul passenger fleets. On top […]

And still more 767 freighters for Cargojet

Canadian all-cargo carrier Cargojet is buying more 767s. It was only a week ago that we published the news that Cargojet had begun expanding its fleet in preparation for servicing the Canada Post/Purolator contract that will go into effect next year. With the lease of two 767-200Fs from Air Transport Services Group, Cargojet doubled its […]

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 […]

More 767 freighters for Cargojet

Canada-based all-cargo operator Cargojet has begun expanding its fleet in preparation for servicing the Canada Post/Purolator contract it won this spring, and which will go into effect 1 April next year. When the contract win was announced in late February, we predicted that Cargojet – which had already begun replacing its 727 freighters with 757-200Fs […]

DHL’s newest freighter

No, the German express giant has not placed a huge order with Airbus or Boeing. Nor bought some used A380s from Emirates and had them converted to freighters. Nor gone all Amazon and acquired a fleet of drones. But DHL has added a new type to its fleet to get around the problem of urgent […]

Just for fun…

With the weekend about to start, it’s time for a bit of fun – courtesy of our friends at Lufthansa Cargo… Here’s an excerpt from their latest newsletter: “How many Lufthansa Cargo freighters are currently in the air? Where are our Boeing 777Fs flying to and is LH8165 already on its way across the pond? You […]

Atlas answers the big question

Atlas Air Worldwide Holdings’ first quarter net income was either up 90% or down 60% depending on whether you look at the adjusted or as-reported figures. On an as-reported basis, Atlas saw net income for the first quarter of 2014 fall 60.4% y-o-y to $7.9 million. However, after adjusting for a $3.4 million charge (related […]

Cargolux reports stronger results for 2013

The last few months have seen Luxembourg-based all-cargo airline Cargolux almost constantly in the news, and most of the news has been negative. Internal struggles, resignations of high-level executives, speculation that the dual-hub strategy required by new shareholder HNCA will be a failure… But behind the headlines is a real airline that reported a much-improved […]
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