AirBridgeCargo takes delivery of Aviation Capital-financed 747-8F

On 23 February, AirBridgeCargo Airlines took delivery of a 747-8F at Moscow’s Sheremetyevo Airport (SVO) after it was ferried from Boeing’s Paine Field (PAE) facility. The aircraft (63787) is the first to be partially financed under US-based lessor Aviation Capital Group LLC’s (ACG’s) Aircraft Financing Solutions (AFS) program. ACG announced the deal last month and will guarantee the loan […]
  • Caryn Livingston
  • February 25, 2019

Atlas Air 767F suffers fatal accident outside of Houston

After a grim Sunday morning spent sifting through the wreckage of Flight 3591 in the marshes outside of Houston, crash investigators shifted their focus from search-and-rescue to recovery, as all three crewmembers on board the Atlas Air Worldwide aircraft were confirmed dead following the Saturday afternoon crash. The aircraft was nearing the end of a routine run […]
  • Randy Woods
  • February 25, 2019

Vallair set to offer A321 converted freighters in 1Q 2020

Luxembourg-based lessor Vallair, which signed on as the launch customer for both EFW’s and 321 Precision Conversions’ A321 passenger-to-freighter conversion programs, is set to begin offering A321 freighters converted by both companies for lease during the first quarter of 2020, according to listings on MyAirTrade.  Back in April 2018, Vallair confirmed it had picked up six A321-200s intended for conversion with EFW and 321 Precision. Vallair put […]
  • Caryn Livingston
  • February 22, 2019

JD Logistics’ President of International Logistics joins Cargo Facts Asia speaker faculty

Stard Huang, president of international business at JD Logistics – the integrated supply chain management arm of Beijing-based JD.com – has joined the Cargo Facts Asia 2019 speaker faculty. During a Fireside Chat, Stard will discuss how consumer e-commerce demands are evolving, and the implications for cross-border e-commerce supply chains and their reliance on air […]
  • Charles Kauffman
  • February 22, 2019

Juneyao Air already adding widebodies, are freighters next?

Last year, Shanghai-based Juneyao Airlines added the first of at least five, and up to ten, 787-9s it has on order with Boeing, marking a significant divergence from an operation built around narrowbody operations. Leveraging the bellyhold capacity on the incoming widebody aircraft will define the carrier’s next phase of cargo growth, but further ahead, […]
  • Charles Kauffman
  • February 21, 2019

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 […]
  • Charles Kauffman
  • February 20, 2019

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 […]
  • Charles Kauffman
  • February 19, 2019

Freighter aircraft transactions through mid-February

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is available to […]
  • Caryn Livingston
  • February 18, 2019
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