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

• David Harris
• December 20, 2010
• News

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

• David Harris
• December 17, 2010
• News

  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 […]

A New Freighter Forecast From Airbus

• David Harris
• December 14, 2010
• News

Airbus, in its newly released Global Market Forecast 2010-2029, predicts that the global freighter fleet will grow from 1,550 units in 2009 to 3,350 units in 2029. Overall, Airbus predicts that there will be demand for 2,960 freighters (payload over 20 tonnes) to enter the fleet through 2029. As shown in the chart at below, […]

EFW begins conversion of another A300-600 for Rus

• David Harris
• December 10, 2010
• News

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 EADS EFW (the MRO and conversion arm of European aerospace giant EADS) […]

Hong Kong sets a full-year cargo record in just eleven months

• David Harris
• December 7, 2010
• News

Hong Kong Air Cargo Terminals (Hactl, which handles about 80% of the cargo at Hong Kong International Airport) reported its handle for the first eleven months of 2010 up 26.7% over 2009 to 2.65 million tonnes, and up 10.8% over the previous best eleven-month total of 2.39 million tonnes in 2007. In fact, with a […]

Saudi Cargo adds Amsterdam and Nairobi

• David Harris
• November 30, 2010
• News

Saudi Airlines Cargo adds Amsterdam (AMS) and Nairobi (NBO) to its to freighter network from December 2010. Three weekly MD-11F flights will operate from Riyadh (RUH) and Jeddah (JED) on Monday, Wednesday and Saturday via Nairobi. The main, Africa-Europe leg is targeted at the fresh flower market. The airline recently hired Peter Scholten, former VP […]

Emirates stake for sale?

• David Harris
• November 30, 2010
• News

Is the sale of a stake in Emirates to help pay down Dubai sovereign debt imminent? Dubai might offer a stake in one of its most treasured assets – Emirates Airlines – in order to reduce the government’s sovereign debt, the director general of the Dubai Ruler’s Court is reported as saying. Mohammed Ibrahim Al […]

British Airways and IBERIA tie the knot

• David Harris
• November 30, 2010
• News

British Airways PLC’s shareholders Monday voted overwhelmingly in favor of its £5.7 billion ($8.9 billion) merger with Spain’s Iberia Lineas Aereas de Espana S.A. (IBERIA), the final step before the airlines become (Spanish registered) International Consolidated Airlines Group SA, or IAG, in the new year. The combined carrier will have more than 400 aircraft and […]