Online shopping drives express growth in China

Online shopping drives a huge surge in express deliveries in China. According to reports in the Chinese media and the State Post Bureau, express deliveries in China were up 51.9% in the first quarter, to 2.6 billion. Express companies combined revenue for the quarter was up 45.6% to US$6.6 billion. The driving force behind the […]

AirBridge reports a record quarter, may add more 747-8Fs

Moscow-based AirBridgeCargo (ABC), the scheduled service subsidiary of the Volga-Dnepr Group, reported volume up 9% in the first quarter to a record 86,500 tonnes. Cargo traffic for the period was up 13%. The carrier did not provide any information about revenue or profitability, but did say the volume growth “reflects market improvements in Russia, Europe, […]

Polet wobbles as court cases continue

Polet Airlines, the Russian AN-124 operator, is feeling the pinch, writes Cargo Facts’ European editor, Alex Lennane. According to some locally placed sources, it may struggle to see out the year. The airline has faced a string of court appearances relating to its two AN-124s and various claims of debt. Although it appears to be winning […]

Synergy expands the Avianca freighter fleet

While some carriers cut back their widebody freighter operation, Brazil-based Synergy Aerospace is expanding. Synergy is the parent of the Avianca group of carriers, including Colombia-based Avianca, and Brazil-based Avianca Brasil. Avianca Cargo (formerly Tampa Cargo), the cargo arm of the Colombian subsidiary operates four A330-200Fs and one 767-300F, and now Avianca Brasil has taken […]

Worldwide cargo traffic up 3.2% in April

The International Air Transport Association released its air freight market analysis for April 2014, showing an overall 3.2% increase in total traffic worldwide compared to April 2013. In recent months, overall gains have been driven by gains in international traffic, while domestic traffic has been generally flat with last year. In April, however, domestic traffic […]

Cargojet to purchase four more 767s

In the past month we have twice posted about Canada-based Cargojet expanding its fleet. Well, they are at it again, so here is Chapter 3 in the Cargojet Chronicles — more 767s, more 757s, and even some Challenger 601s. But first, a summary of Chapters 1 and 2: In the first quarter of this year, […]

At Cargolux, the Song is over

In a move believed to be an attempt to appease its unhappy forwarder customers, Cargolux has parted ways with recently hired Robert Song. The rift between Cargolux and the forwarders, as first reported here three days ago, appeared to hinge on the appointment of Robert Song as the carrier’s Senior Vice President, Asia & Pacific. And […]

TNT says it must “move more by road”

Netherlands-based express company TNT reported first-quarter 2014 net income of €1 million, down from €144 million in the first quarter of 2013, as revenue declined 6.6% to €1.61 billion. Reported operating income for the quarter was down 92.2% to €17 million, from €219 million in 1Q13. However, the reported figures include a variety of one-time […]
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