FedEx revenues rise, while Express trends worsen in 2QFY19

This week, Memphis-based FedEx reported a 9.3% year-over-year increase in revenue for its 2QFY19, ended 30 November, to US$17.82 billion. Operating income during the quarter was up only 4.8%, compared to a double-digit increase reported for 1Q, to $1.17 billion, and net income rose 20.6% to $935 million. The Express segment presented substantial headwinds for […]
  • Caryn Livingston
  • December 20, 2018

Peak season offers only modest air freight boost in November first look

Hopes last month for a rebound in peak season may have dimmed, as October’s decline in year-over-year air cargo traffic seems to have extended into November. Outliers to this trend include, again, Turkish Airlines, Air China, and China Southern Airlines. Most carriers and airports, however, do show continued positive year-to-date traffic compared to the same […]
  • Chelsea Toczauer
  • December 19, 2018

Volga-Dnepr Group’s cross-border cooperation with Cainiao reveals long-term ambitions at Liège

Cainiao, the logistics arm of e-commerce giant Alibaba, has named Volga-Dnepr Group its “preferred carrier for airlift capacity and logistics services” and will be granted “guaranteed access” to the Russia-based conglomerate’s fleet of forty-one aircraft, according to a joint release detailing a recently signed MoU between the two companies. For the Group and its cargo […]
  • Charles Kauffman
  • December 17, 2018

LATAM Cargo receives first 767 converted freighter

LATAM Airlines’ cargo division took redelivery of the first of three 767-300 converted freighters (34628) it has on order with Boeing. Redelivery of the second and third freighters in the order is expected in 2019 and 2020, respectively, at which time the carrier expects to have twelve 767-300Fs operating in its network. The carrier said […]
  • Caryn Livingston
  • December 17, 2018

Atlas Air, ATSG appear to be operating more than twenty freighters each for Amazon

Based on data from FlightAware and FlightRadar24, forty-three 767Fs operated by Atlas Air and ATSG-affiliate carriers were flown on routes and schedules consistent with the Amazon Air network within the past three days. Forty-one of those had flights scheduled on 13 December. Now that both Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings […]
  • Charles Kauffman and Caryn Livingston
  • December 13, 2018

Top 10 Cargo Facts stories of 2018

We at Cargo Facts thank you for your loyal readership during this busy year and wish you continued success in the coming new year. With only a handful of business days remaining in 2018, we thought we’d take one last look back at this year and revisit some stories that readers found particularly interesting. In […]
  • Caryn Livingston
  • December 13, 2018

Who’s who in freighter conversions part II: the major conversion houses

Today we conclude our two-part analysis of the passenger-to-freighter conversion market. In part I yesterday, we began with a look at that market’s move into conversions of Next Generation, or NG, aircraft, and some thoughts on how future widebody conversion programs are likely to play out. In part II today, we take a look at […]
  • Caryn Livingston
  • December 12, 2018

Cargolux, Turkish Cargo join Cargo Facts EMEA speaker faculty

Cargo Facts EMEA 2019, the industry’s foremost event for innovation in air freight and equipment technology across the EMEA region and globally, continues to add to its stellar speaker lineup with the addition of innovation guru, Olivier Chabin, and cargo expert, Turhan Özen. The event will be held 4-6 February 2019 at the Westin Grand […]
  • Charles Kauffman
  • December 11, 2018
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