New cargo terminal for Ethiopian Airlines

Ethiopian Airlines signed a EUR50 million loan agreement with the French Development Agency (AFD) to construct a new “state-of-the-art” air cargo terminal at Addis Ababa. When completed, the facility will have annual capacity to handle 1.2 million tonnes of cargo. The new cargo terminal is part of Ethiopian Cargo’s Vision 2025, aimed to support the […]

Mystery freighter

Almost three years after it was parked, one of the former Jade Cargo 747-400ERFs looks like it may fly again. But for whom? In December 2011 Jade Cargo International, a joint venture of Air China and Lufthansa, ceased operation and grounded all six of its 747-400ERFs. These were relatively new aircraft, and despite the difficult […]

Airlink gains nonprofit status.

Airlink, which connects commercial airlines and humanitarian aid organizations for air and cargo transportation in disaster relief situations, was granted tax-exempt status as a charitable organization by the US Internal Revenue service. “Obtaining 501(c)(3) status is a major accomplishment for Airlink,” said Steve Smith, Executive Director, “It opens the doors for us to increase our […]

Recent freighter aircraft transactions

The last week has seen several freighter aircraft bought, sold, leased, or transferred; and some future transactions have been announced. LAN Cargo plans to transfer two more 767-300Fs into the fleet of Brazil-based subsidiary carrier ABSA Cargo. The first (32572) is currently in the LAN Cargo fleet, but will be re-registered as PR-ACO. The second […]

Cargo growth continues in Asia

Yesterday we reported strong cargo growth at Etihad Airways and American Airlines. Today, two of Asia’s biggest cargo handlers also reported exceptionally strong growth in June and for the first half of 2014. So, while the big European carriers appear to be struggling, it is beginning to look as though worldwide cargo traffic will continue […]

Cargo is alive and well at Etihad and American

It will be another month before first-half financial and operational results are in from most of the world’s major carriers, but Etihad Airways has already set the bar high, reporting cargo volume up 25% and cargo revenue up 27%. The Abu Dhabi-based carrier said cargo volume in the half rose from 215,000 tonnes in 1H13 […]

IATA reports cargo traffic up 4.7% in May

The International Air Transport Association released its air freight market analysis for May 2014, showing an overall 4.7% year-over-year increase in worldwide cargo traffic. The growth came on the back of a 5.1% increase in international traffic, while domestic traffic was up just 2.6%. For the first five months of 2014, total traffic was up 4.4%, […]

Martinair for sale? Who will buy it?

Earlier this year we reported that Air France-KLM, which has been gradually paring back its main-deck capacity, was considering exiting the main-deck freight business altogether. The subject was discussed at a AF-KLM Board meeting early in the second quarter of this year, and while no public announcement was made at that time,  one observer at […]
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