Cathay to acquire eight 777Fs

Hong Kong-based Cathay Pacific Airways released a preliminary report on its first-half financial results today. As might be expected given the recent fall-off in cargo traffic in the Asia-Pacific region, Cathay reported its first-half tonnage down 4%, although cargo yield was up 7.1% and cargo revenue rose almost 9%, so the picture is certainly not […]

747-8F Completes Flight Test Program

 Note: The following article is excerpted from the current issue of Cargo Facts Update. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly Cargo Facts Update, to click here for more information. BOEING’s 747-8 Freighter completed its certification flight test program, with the last two tests taking place  […]

11th hour reprieve for the US FAA

In a last-minute compromise, it appears that the US Senate will pass a bill granting an extension to FAA funding through 16 September. This will allow some 4,000 FAA employees to go back to work, and will allow a restart of stalled airport construction projects. The move follows two weeks in which the FAA was […]

Demand trends — are we moving to a “new normal”?

In this week’s issue of Cargo Facts Update we reported the latest traffic summary from the International Air Transport Association. IATA’s data showed that total worldwide air cargo traffic in June was down 3.0% compared to June 2010. While our report was perfectly correct — IATA did report a 3.0% decline — I’d like to […]

Breaking news: DB Schenker terminates the BAX air network

In a just-released announcement, Germany-based forwarding and logistics giant DB Schenker said it would ground its domestic US overnight air operation — the BAX Network. Schenker said: “The phasing out of the U.S. dedicated air fleet, which represents less than 10% of the company’s business in the Americas, will take place over the next several […]

Freighters for Kenya Airways?

Note: The following article is excerpted from the current issue of Cargo Facts. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly Cargo Facts Update, to click here for more information. It has been known for some time that KENYA AIRWAYS was planning to acquire a freighter, but […]

A new freighter takes shape

Note: The following article is excerpted from the current issue of Cargo Facts. We encourage those of you who do not already subscribe to the monthly printed Cargo Facts newsletter, and its companion the weekly Cargo Facts Update, to click here for more information. New life for a venerable airplane type: Aeronautical Engineers Inc has begun to cut metal on the […]

Where is the freight?

Usually, when putting together the cargo traffic statistics section of the monthly print issue of Cargo Facts, it is easy to spot the basic trend. Perhaps most carriers and airports are reporting either increases. Or there may be a general pattern of decreases. Or perhaps the trend is regional, with Asia-North America strong while Asia-Europe […]
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