Precision and ATSG form A321 freighter conversion JV

Ending its silence on the subject of “what comes next,” 757 conversion specialist Precision Aircraft Solutions this morning announced the formation of 321 Precision Conversions, LLC, a joint venture with Air Transport Services Group (ATSG) “to develop a passenger-to-freighter conversion of Airbus A321-200 Aircraft.” It has been something of an open secret in the industry […]
  • David Harris
  • August 7, 2017

Cathay and DHL plan reorganization of Air Hong Kong

In an announcement on the Hong Kong Stock Exchange, Cathay Pacific Airways and DHL Express said they had entered into a non-binding memorandum of understanding covering a change in ownership of their Hong Kong-based joint-venture all-cargo airline, Air Hong Kong (AHK). In the MoU, the two companies say “it is contemplated that” three major changes […]
  • David Harris
  • July 11, 2017

China Eastern to fuel JD.com’s own-operated air freight network?

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is its e-commerce platform and last-mile delivery […]
  • Charles Kauffman
  • June 29, 2017

A record quarter for FedEx — plus mattresses and gym equipment, too!

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70 million loss). As usual, though, […]
  • David Harris
  • June 23, 2017

Lockheed Martin books first firm order for the LM-100J

At the Paris Air Show, Lockheed Martin announced that it had received a firm order for five LM-100J transports from an unidentified customer. The LM-100J is the manufacturer’s new commercial version of the well-known Hercules military transport. The first LM-100J, which began its test flight program last month, is on display at the Paris Show. […]
  • David Harris
  • June 20, 2017

DHL orders more A330-300P2Fs

At the end of the day today at the Paris Air Show, DHL Express and EFW jointly announced a firm order for four more A330-300 passenger-to-freighter conversions, plus options for ten more. DHL was the launch customer for EFW’s A330-300P2F program, with a four-conversion order last year, and the first of four aircraft in that […]
  • David Harris
  • June 19, 2017

UPS and Boeing confirm 767 freighter conversion order

Two months ago, we noted UPS’ purchase of a 767-300ER  (33494) from Japan Airlines, and predicted that, after a maintenance stop at Goodyear Airport (GYR), it would fly off to whichever conversion center Boeing decided to use to convert it to BCF freighter configuration. We also predicted that this was the first of many 767s UPS planned […]
  • David Harris
  • June 19, 2017

HNA Modern Logistics lifts off – with Atlas Air

Ten days ago, we reported that China-based HNA Group had established a new subsidiary in the north-central city of Xi’an. HNA Modern Logistics Group, as the company is called, will focus on developing Xi’an into a global airfreight hub, a hub which, according to CEO Zhang Weiliang, will become the “Chinese Memphis.” To twist a […]
  • David Harris
  • June 6, 2017
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