Horst joins Cargo Facts Consulting as managing director

Frederic Horst, a long-time airfreight analyst, consultant, and strategist, has joined Cargo Facts Consulting as managing director. Horst’s appointment is effective immediately. Cargo Facts Consulting, the sister consultancy of this news resource, was founded in 1978 as Air Cargo Management Group. Cargo Facts Consulting has a long history of providing exceptional advisory and research to […]

Freighter distribution within the widebody fleet: Part I

Last month, Cargo Facts presented a detailed analysis of the widebody freighter fleets of airlines worldwide. The analysis showed that between 2018 and 2019, the widebody freighter fleet expanded by 7.1% as carriers adjusted capacity to meet growing demand for air cargo. As of mid-January 2019, seventy-six airlines operated 1,109 widebody jet freighters in commercial service […]

China Southern to add two 777Fs, a sign combination carriers are hungry for freighters?

After a four-year period during which Guangzhou-based China Southern Airlines’ twelve-unit 777F freighter fleet remained stable, growth has returned. China Southern converted an existing order with Boeing for the purchase of two 777-300ERs to the 777F freighter variant, the company announced in a notice that appeared on the Shanghai Stock Exchange today. Both aircraft will […]

String of deals in 4Q18 set ATSG up for growth in 2019

Yesterday, we considered how an application to the Department of Transportation revealed Air Transport Services Group’s (ATSG) desire to get into 777F operations through its subsidiary, Omni Air LLC. Today, we turn to ATSG’s 4Q18 results, which on the surface look disappointing, but actually position ATSG for significant growth in 2019 and 2020. The company […]

Dutch State to match France’s stake in Air France-KLM

In a move that came as a surprise to Air France-KLM’s Board and the French government, the Dutch State acquired a 12.68% stake in Air France-KLM Group, valued at US $774 million. In the near future, the Dutch Finance Ministry plans to match the French Government’s 14.3% stake in the holding company through the purchase […]

North American airports reporting solid cargo throughput for January

Cargo throughput results for the beginning of 2019 were mixed, with certain regions performing significantly better than others. Airports in North America saw the majority of growth in cargo volumes in January, while airports in Mainland China saw modest rebounds and European airports experienced a continued decline in cargo volumes following an overall diminished 2018 […]

Cargo traffic declined in January

Almost unanimously carriers headquartered in Asia, Europe, and the Americas have begun reporting lower year-over-year cargo traffic for the month of January 2019. As can be seen from the chart at right, of the six major Asia-based carriers that have reported January traffic figures, all but one – China Airlines – have reported year-over-year declines […]

Atlas fleet boost bumps 4Q18 earnings

Atlas Air Worldwide Holdings (AAWW) reported a fourth-quarter net income of $211.0 million, up 0.7%  from net income of $209.5 million for 4Q 2017 on solid results from the company’s ACMI, Charter and Dry Leasing segments. Operating income rose 19.5% to $127.6 million and total operating revenues increased 21.8% to $765.0 million from substantial growth […]
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