Silk Way’s first 747-8F gets ready to fly

Less than a year after Silk Way Airlines of Azerbaijan placed an order for two 747-8Fs, the first of these aircraft has been rolled out of the factory in the carrier’s full livery (msn: 44444). The Baku-based carrier is divided into two parts – Silk Way Airlines (IATA: ZP) and Silk Way West Airlines (IATA: […]

Cargo traffic continues to grow in December

When we posted our first glimpse of December’s cargo results from a few early-reporting carriers and airports our prediction was that results from all – or at least most of – the major players would follow the trends they had established throughout the year, and that the overall trend of solid but not spectacular growth […]

Cargolux loses a top executive as troubles mount

24 January note: I have added a note regarding the response from Cargolux employees (through a union spokesman) at the end of this post. Not many in the air freight industry believed that the “dual hub strategy” Cargolux was forced to agree to when the Luxembourg government sold a 35% stake in the carrier to […]

The capacity reduction continues…

The recent decision by IAG Cargo to terminate its ACMI leases of three 747-8 Freighters from Atlas Air Worldwide Holdings (via Atlas’ UK subsidiary Global Supply Systems) has led to much speculation about whether Atlas will retire some of its 747-400 freighters if it cannot find new ACMI customers for the -8Fs. But in fact, […]

A major strategic change at IAG Cargo

Eighteen years ago, when British Airways needed main-deck freight capacity, it took the then-unusual step of leasing a freighter on an ACMI basis, rather than buying or dry-leasing its own freighter. The provider of the freighter was a relatively young US-based 747 freighter operator, Atlas Air. There have been big changes at both companies since […]

Strong air freight demand in November

The International Air Transport Association (IATA) published data showing that total air cargo traffic was up 6.1%  y-o-y in November, with international traffic up 6.7%, and domestic traffic up 2.6%. This is the eighth consecutive month of year-over-year increases, although five of those eight gains were 1.4% or less, and cargo traffic for the first […]

First glimpse of December and full-year cargo demand

It will be some time until all the major cargo carriers and handlers have reported their December and full-year statistics, but judging by what we’ve seen from the few that have reported, we feel fairly confident in predicting that the year-over-year growth that began mid-year will continue, and even strengthen, in December; and that growth […]

A very good month

November data from many of the world’s big cargo carriers and airports are now available, and the news is almost uniformly good. It will be a couple of weeks before IATA publishes its wider analysis of the month’s results, but based on reports from the key players, as well as anecdotal evidence, it seems likely […]
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