Transmile sells its MD-11 Freighters to FedEx

Malaysia-based Transmile has for some time been negotiating with FedEx over the sale of some or all of its four MD-11Fs, at a rumored price of $17 million per plane. Transmile parked the MD-11Fs two years ago because it could not find a profitable use for them, and FedEx clearly wanted them, but negotiations were […]

Guggenheim Aviation Partners cancels its 747-8F orders

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 weekly Update, and its companion the monthly printed Cargo Facts newsletter, to click here for more information.   US-based lessor GUGGENHEIM AVIATION PARTNERS (GAP) cancelled its firm order with […]

First 767-300 freighter for TNT

  At the end of 2010 lessor Guggenheim Aviation Partners  took redelivery of a 767-300BDSF following conversion at Bedek Aviation Group’s Tel Aviv facility. Guggenheim is leasing the freighter to Spanish carrier Gestair, who will operate it (and a second 767-300BDSF, to be converted and redelivered soon) for TNT Airways.   The freighter, shown above, […]

HK International Airport sets a new cargo record

It’s official!   Hong Kong International Airport broke through the 4-million tonne cargo mark in 2010, the first airport ever to do so.   HKIA will not publish final cargo statistics for December and for the full-year 2010 for a few weeks, but the Airport Authority held a ceremony to commemorate passing the twin milestones of […]

2011

Monday morning, first working day of a new year. With just two days of the new year behind us — and weekend days at that — there is not much news to report, and no hot new issues to debate. So I will take advantage of this otherwise quiet time to wish all of you […]

How many 757 combis does the world really need?

Another 757-200 passenger-to-combi program was launched last week. US-based Global Aviation Holdings and Singapore Technologies Engineering announced that North American Airlines (a subsidiary of Global) would be the launch customer for a 757-200 passenger-to-combi program offered by VT Systems (ST Engineering’s North American subsidiary). This follows the announcement in September of a 757-200 P-to-combi conversion […]

The last piece of the puzzle is now in place for China Cargo Airlines.

Reports out of Asia indicate that Singapore Airlines Cargo signed an agreement today to buy a 16% stake in China Cargo Airlines for US$50 million. This follows a similar agreement signed last week in which Concord Pacific Ltd (a company affiliated with Taiwan-based EVA Airways) took a 16% share.   China Cargo was originally the […]

Southern Air to double its freighter fleet

  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 weekly Update, and its companion the monthly printed Cargo Facts newsletter, to click here for more information   US-based ACMI operator SOUTHERN AIR has ambitious fleet plans. The […]
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