AirBridge reports a record quarter, may add more 747-8Fs

Moscow-based AirBridgeCargo (ABC), the scheduled service subsidiary of the Volga-Dnepr Group, reported volume up 9% in the first quarter to a record 86,500 tonnes. Cargo traffic for the period was up 13%. The carrier did not provide any information about revenue or profitability, but did say the volume growth “reflects market improvements in Russia, Europe, […]
  • David Harris
  • May 28, 2014

Express drives DP-DHL’s first quarter

A strengthening Euro weighed on an otherwise strong quarter for Deutsche Post-DHL. The company reported first-quarter net income up 0.8% y-o-y to €502 million as total revenue increased 1.2% to €13.57 billion. Operating profit (EBIT) for the quarter was up 2.3% to €726 million. DP-DHL reports its operational and financial performance in four divisions, including the new […]
  • David Harris
  • May 16, 2014

ATSG sees increasing demand for medium widebodies.

ATSG reported a moderately good first quarter, but the big news was two new leasing contracts. US-based Air Transport Services Group (ATSG) reported first-quarter net income down 20.8% y-o-y to $7 million. The decline came despite a slight (0.2%) increase in net revenue from customers to $144 million, but ATSG nonetheless maintained a reasonably healthy […]
  • David Harris
  • May 8, 2014