Another strong quarter for FedEx

FedEx followed up its very strong fiscal 2015 first quarter with an equally strong second quarter. The company reported net income up 23.2% y-o-y in the second quarter of its 2015 fiscal year to $616 million, as total revenue rose 4.7% to $11.94 billion. Operating income for the quarter was up 22.5% to $1.01 billion, […]

A month of broken cargo records

In yesterday’s post about the strength of air freight demand in November, we noted that two of the companies reporting – Hong Kong International Airport and Etihad Airways – achieved record volumes. But that turns out to be only the tip of this particular iceberg, as records continued to fall. Cargolux: Luxembourg-based all-cargo carrier Cargolux […]

Transaero enters the scheduled-service freighter market

Moscow-based Transaero Airlines acquired two Tu-204C freighters in July 2013, and now, seventeen months later, has put them into its first scheduled all-cargo service on a Novosibirsk-Beijing-Novosibirsk route. The carrier did not say how many weekly frequencies it would operate on the route, but said the first flight (on 8 December) delivered 22.4 tonnes of […]

Carriers and airports report a strong November

November data is now in from many of the world’s major cargo carriers, handlers, and airports, and all indications point to another good month for the air freight industry. Summary reports for the month from  IATA, WorldACD, and the Airports Council International will not be published for some time, but the chart at right shows […]

The life of a freighter jockey

We’ve got two things to share to close out the week – a video on what it’s like to work as a freighter jockey, and the results of our thanksgiving contest. First, the contest: In a post on Vietjet’s decision to get into freighter operation, we showed a picture of an aircraft sales rep presenting […]

SF Express enters joint venture with Beijing Capital Airport

According to a report in ch-aviation, Shenzhen-based SF Express signed a partnership agreement with the Beijing Capital International Airport Co, under which SF will enhance its route network through the use of the Airport’s logistics warehouse facilities. The report says that SF’s long-term goal is to use its new Beijing hub as “a primary distribution […]

Polet suspends operations

Russia-based Polet suspended both cargo and passenger operations, and has been placed in administration by a Moscow Arbitration Court. The suspension of cargo operations follows a long-running legal battle with lessor Ilyushin Finance Corp (IFC) over lease payments on two An-124s. Earlier this year one of IFC’s owners, Alexander Lebedev, took Polet to court claiming the carrier owed […]
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