Recent freighter aircraft transactions

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 […]
  • David Harris
  • October 20, 2017

A tale of two (Swiss) forwarders

Switzerland-based forwarding and logistics giants Kuehne+Nagel and Panalpina posted their third quarter results this week, and while the companies may be geographically close, their results are not close at all. Detailed third-quarter and year-to-date results for both K+N and Panalpina are shown in the charts at right, but here are a few comparisons from the […]
  • David Harris
  • October 19, 2017

Relief supplies air-freighted to Puerto Rico

The Amur Foundation, a nonprofit public charity arm of the Amur Companies is providing logistical support to the disaster relief efforts for Puerto Rico. Working with New York City-based City Harvest, the world’s first food rescue organization, and Feeding America, the nationwide network of food banks, Amur transported over 82,000 pounds of donated food, water, […]
  • David Harris
  • October 19, 2017

Suparna Airlines applies for new routes, suggests more freighters on the way

On 16 October, the CAAC issued a bulletin summarizing a series of routes applied for by Shanghai-based HNA Group subsidiary, Suparna Airlines (formerly Yangtze River Express Airlines, also referred to as “Jinpeng Airlines” in Mandarin). In line with previously announced plans, the routes aim to connect Suparna’s main gateways in China with Europe and North […]
  • Charles Kauffman
  • October 18, 2017

Korean Air renews fleet amidst soaring cargo revenues

Yesterday, Korean Air took delivery of its twelfth 777F (62697),  as part of a plan to renew a fleet once heavily-reliant on 747-400BCFs and 400ERFs. This unit is on lease from GECAS, and was the fifth aircraft included as part of a sale-and-leaseback deal for five 777Fs between Korean Air and GECAS that was reached […]
  • Charles Kauffman
  • October 17, 2017

Will year-over-year gains begin to decline in September?

When we summarized the worldwide air freight data from August, we predicted that, while demand would stay strong through September, the year-over-year percentage increase would probably show a slight decline. Why? Because it was in September 2016 that demand growth began to accelerate, making the year-over-year comparisons tougher. Looking back at 2016, air freight demand […]
  • David Harris
  • October 16, 2017

CAAC cutting red tape for cargo start-ups?

After more than a year during which the Chinese Civil Aviation Administration took little action towards approving new start-up cargo airlines (we recall Guangzhou-based Longhao was the last new venture to receive its AOC in December 2016, and subsequently commence commercial service in March 2017), there is suddenly a flurry of activity. Just this week, […]
  • Charles Kauffman
  • October 13, 2017

Emirates, Cargolux to codeshare for cargo

This week, Emirates SkyCargo and Cargolux Airlines expanded the scope of a “strategic operational partnership” the two carriers reached in May of this year to include codesharing for air cargo shipments. As part of the agreement, both airlines will be able to sell space on network-wide flights operated by either carrier, regardless of whether the […]
  • Charles Kauffman
  • October 12, 2017
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