Lufthansa rising

April results from many of the world’s major cargo carriers are now available, and today we look at the three big European combination carriers. In recent years, all three have been faced with increased competition from carriers in the Gulf Region, Turkey, and Russia; and each has adopted a different strategy to cope. We analyzed these […]

Nordic Global Airlines to cease operations

Finnair Plc, a 40% stakeholder in Finland-based all-cargo joint-venture carrier Nordic Global Airlines (NGA), said Nordic Global’s Board had decided to discontinue operations by the end of this month. In the announcement, Finnair said that, since its formation in 2011, NGA, using a “low-cost and thin-organization model” had grown to fly to four continents. “But with […]

Express shines in DP-DHL’s first quarter

Deutsche Post-DHL reported first-quarter net income down 1.4% to €495 million, as total revenue increased 8.8% to €14.77 billion. Operating profit (EBIT) for the quarter was down 1.0% to €720 million. DP-DHL has four reporting divisions, and in the first quarter two of them turned in strong performances, while the other two did less well, […]

Asian carriers do well in April

Last month we said that while the first-quarter cargo results from the major carriers and airports were generally good, the impact of the US West Coast port labor dispute and the huge automobile recall in the US were still having an impact, and that we would have to wait for April to get a feel […]

Differing strategies in Europe

The big-three European combination carriers continued to pursue their widely diverging cargo strategies in the first quarter, with – no surprise here – widely diverging results. Historically, all three have had a strong focus on cargo, but all three have seen their cargo traffic fall while the general trend worldwide has been steady growth for […]

The 757 conversion market heats up

For the last few years, the 757 -200 passenger-to-freighter conversion market has been driven primarily  by FedEx. There has been a slow, but steady, trickle of orders from other carriers, particularly DHL Express and SF Express, but with FedEx nearing the end of its 757 binge, it appeared that demand for the type would decline. However, a recent […]

March cargo traffic – inconclusive evidence

The International Air Transport Association released its air freight market analysis for March 2015, showing an overall 1.6% year-over-year increase in worldwide cargo traffic. On a regional basis, however, results varied from a 6.4% decline in traffic reported by carriers in Latin America to a 10.6% increase for carriers based in the Middle East. International […]

Malaysia Airlines to end freighter operation?

Faced with reports that it was planning to sell or lease many of its widebody aircraft – including its entire MASkargo freighter fleet – financially troubled Malaysia Airlines said it was “exploring fleet options.” This comment – or non-comment – came via the Malaysia Airlines twitter feed, in response to a Leeham News report detailing the carrier’s offer […]
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