UPS strategy pivot limits fleet growth

UPS’ new CEO Carol Tomé, who took over the reins from David Abney on June 1, outlined a new direction for the company that will prioritize higher-quality revenue streams over volume growth. Future fleet additions and capital investments will be more rigidly scrutinized, which could restrain further fleet growth for UPS. “What we have done […]

GA Telesis moves into 737NG freighter market

[Edited to add commentary from GA Telesis.] Florida-headquartered GA Telesis has placed an order for one 737-800SF conversion with Aeronautical Engineers Inc. (AEI), with an option for a second aircraft [FATs 005533-005534]. According to GA Telesis and AEI, the first aircraft to be converted (32903) will be inducted in August and is expected to be […]

Boeing 747 production to end in 2022

Boeing today acknowledged a formal end date to 747 production. “We anticipate completing production for the iconic 747 in 2022,” said President and CEO Dave Calhoun during an earnings call with analysts.  Let it sink in for a moment. Yes, the writing has been on the wall for some time now as the temporary low-rate production of six units per year introduced in 2016 has become permanent. Boeing has since then acknowledged it would move to end production absent “sufficient orders.” But the can was kicked further down […]

GE sees long recovery ahead after progress on costs, cash

General Electric Co. predicted slow gains in operations this year and next after the coronavirus pandemic battered results in the second quarter. The jet-engine division has tracked “early signs of improvement” in flight departures on the path to a lengthy recovery, GE said in a presentation as it reported results. The company burned through $2.1 billion in […]

National Airlines awakens 747F from seven-year slumber

Florida-headquartered National Airlines has brought a 747-400BCF (26547, ex-Cathay Pacific) out of long-term storage at Marana (MZJ) and will soon deploy it into service. The aircraft, which had been parked at MZJ since 2013, was ferried July 27 to San Antonio (SAT) where, according to National, it will undergo heavy maintenance for approximately forty-five days. […]

June cargo traffic hints at mild recovery

Cargo capacity and demand showed signs of recovery in June, according to the International Air Transport Association’s (IATA) latest monthly airfreight analysis. However, the resumption of economic activity after lockdowns has led to only modest improvements, as passenger operations are recovering much more slowly and a major demand rebound has yet to materialize. Overall, global […]

New freighter additions spotted

Several widebody freighter aircraft poised to be added to operators’ fleets have been snapped by photographers around the world. First, it appears that Russia-based Volga-Dnepr Group plans to add the 777F platform, after all. A 777F has been newly painted into AirBridgeCargo (ABC) colors at Boeing’s Everett (PAE) facility, as seen in this photo posted […]

EFW plans for more pax-freighter ops with in-cabin cargo container

German MRO and conversion house Elbe Flugzeugwerke (EFW) has launched in-cabin cargo container boxes, a new product allowing airlines operating reconfigured passenger planes to increase cargo storage capacity in the main cabin. The global logistics industry has adjusted to the reduced capacity spurred by the COVID-19 pandemic with additional freighter aircraft charters and other means, […]
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