A cargo challenge for LATAM

With the ink barely dry on the agreement to merge Chile-based LAN Airlines and Brazil’s TAM Linhas Aéreas into the new LATAM Airlines, LAN’s cargo boss Cristian Ureta is quoted as saying the group plans to boost cargo revenues to 25% of total revenues within four years. In 2011, cargo revenue accounted for 27.6% of […]

Chapman Freeborn makes the Sunday Times HSBC International Track 200

Chapman Freeborn Airchartering has been ranked 169th in the Sunday Times HSBC International Track 200 – a league table of Britain’s private firms with the fastest growing overseas sales.   The UK-headquartered aircraft charter specialist – which has a global network of 35 offices in 25 countries – saw international sales grow from £209m in […]

Matlin Patterson cancels A330 freighter order

The updated Airbus order and delivery summary through 30 June shows a number of changes regarding the A330-200F.  Two of the freighters were delivered last month to BOC Aviation, one for end-user Yangtze River Express (its first A330-200F) and the second for end-user Hong Kong Airlines (its fourth A330-200F). Noteworthy is the removal from the […]

Airbus will build an A320 assembly facility in the US

Airbus, the manufacturing arm of European aerospace giant EADS, announced this morning that it would build an A320 Family assembly and delivery facility at the Brookley Aeroplex in Mobile, Alabama. Airbus has had an engineering facility in Mobile for some time, and would have built an A330-200 freighter/tanker facility there if it had won the […]

Capacity and the ‘network effect’

Yesterday’s teleconference on the threat of an oversupply of main-deck freight capacity was a good one, and generated some interesting discussion in the Q&A session which followed. But I’d also like to share some of my own thoughts about what I call the “network effect,” which is already changing the way air freight moves. [If […]

More insight into FedEx’s fleet plans

Speculation about a possible “restructuring” at FedEx Express took off after an article in the Financial Post quoted a Bank of America Merrill Lynch report as saying that FedEx “is poised to reveal plans for restructuring its Domestic Express network that could produce about US$270 million in savings.” We felt this speculation was overheated, and […]

The broken wheel in air cargo

It’s just not working out the way it should in air cargo today. I don’t need to tell anyone that we are in a down market. There are any number of now-defunct cargo carriers which can attest to that. What is striking, however, is that in normal cycles, prudent industry players would sock away valuable […]

ST Aero buys Pemco’s 737 STCs and Tampa MRO

Three months ago, on 5 March, US-based MRO and freighter conversion specialist Pemco World Air Services filed a voluntary petition to restructure under Chapter 11 protection. Pemco’s majority owner Sun Capital Partners, through a subsidiary, provided DIP financing to keep the company going throughout the restructuring process, with the announced intention of emerging from bankruptcy […]
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