IATA sees ‘a solid start to the year’

The International Air Transport Association released its air freight market analysis for January 2016, showing a 2.7% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown), slightly better than we had anticipated based on the results available from individual carriers, handlers and airports. IATA said that international cargo traffic, which accounts for 87% […]

Qatar Airways cargo up almost 40% in 2015

It’s easy to post huge year-over-year growth percentages when you have hardly any cargo business, or if you’ve just entered the market. But to achieve 37.5% growth when you are already one of the world’s major cargo carriers is remarkable – but that is just what Qatar Airways Cargo did in 2015. According to IATA, […]

Uni-top Airlines’ grand ambitions

In September 2014, Wuhan-based Uni-top Airlines announced plans to acquire seven A300-600s and have them converted to freighter configuration – taking the little-known Chinese carrier’s fleet from three 747-200Fs to a total of ten widebody freighters – many in the industry expressed doubt. After all, Uni-top had acquired GrandStar Cargo International (the former joint venture […]

Bombardier launches Q300 P-to-F

Bombardier, working with Canada-based Air Inuit, launched a passenger-to-freighter conversion program for its Q300 turboprop. Air Inuit developed its own small-door Q300 conversion several years ago, and converted two of its ten Q300 passenger aircraft, but the new, Bombardier-backed conversion will offer an “optimized” cargo door allowing the loading of palletized cargo. The converted freighter’s […]

IPO Express

No, despite the similarity in initials, this is not a new Chinese express company. However, according to reports piling up in the Chinese media this week, YTO Express, ZTO Express, STO Express, and SF Express are all in the process of making an Initial Public Offering – that is, they have all boarded the IPO Express. […]

January’s tea leaves are hard to read

Most of the world’s major cargo carriers and airports have reported their January results. Some are reporting solid increases in demand and some are reporting significant declines, but not only is there no discernable pattern, there is also the as-yet-unknown impact of the timing of the Lunar New Year holiday hanging over the reported results, […]

Emirates focuses on ‘routing’

Emirates SkyCargo will not be adding freighters, a senior executive has told Cargo Facts, but rather will concentrate on the most efficient use of the freighters it already has. While Emirates’ cargo business is heavily dependent on belly space in its widebody passenger fleet – the company has called its 777-300ERs “invisible freighters” – it also […]

A record year for Expeditors

US-based forwarder and logistics services provider Expeditors reported fourth-quarter net income up 15.2% y-o-y to $114 million, as net revenues rose 3.3% to $536 million. Operating income for the quarter was up 12.7% to $178 million. The double-digit gains in net income and operating income are even more impressive than they first appear when you consider […]
Get Latest Issue