No summer slowdown detected in August freighter aircraft transactions

• Charles Kauffman and Jeff Lee
• September 15, 2020
• Aircraft, Carriers, Conversions, Freighter Aircraft Transactions, News, Production Freighters

Cargo Facts logged forty-three freighter aircraft transactions (FATs) during the month of August, nearly mirroring the volume of transactions recorded in July – so much for a summer slowdown. Transactions recorded during the period represent a balanced mix of carrier and fleet types. There were, however, some notable highlights among non-express all-cargo carriers, including: Russia-based […]

ACT reassigns 747-400Fs from Saudia to Turkish

• Jeff Lee
• September 10, 2020
• Aircraft, Capacity & Demand, Carriers, Editorial, Equipment, Freighter Aircraft Transactions, Logistics, News, Production Freighters, Strategy, Widebody Conversions

Turkish Airlines has added more freighter capacity through two 747-400BDSFs operated on an ACMI basis by Turkey-based ACT Airlines. The aircraft (25641 and 25645, both ex-ANA) were both previously operated for Saudia Cargo [FATs 005617-005620]. At the end of August, the two 747s were brought back to Istanbul (ISL) from Saudi Arabia and repainted into ACT’s […]

Atlas Air’s Michael Steen added to Cargo Facts Symposium speaker faculty

• Charles Kauffman and Jeff Lee
• September 10, 2020
• Cargo Facts Symposium, Editorial, Events, News

Cargo Facts is pleased to announce that Michael Steen, executive vice president and chief commercial officer of Atlas Air Worldwide, will be speaking at Cargo Facts Symposium 2020. Steen will speak on a virtual roundtable session dedicated to the topic of widebody freighters, titled, “Big birds and plenty of pallets: Will renewed interest in widebody […]

China Airlines to retain 747-400Fs for longer than expected

• Jeff Lee
• September 3, 2020
• Aircraft, Capacity & Demand, Carriers, Editorial, Equipment, Logistics, News, Production Freighters, Strategy

Amid the continuing demand for freighter capacity, Taiwan-based China Airlines will keep three 747-400Fs it had been remarketing for longer than originally planned. China Airlines told Cargo Facts it is currently no longer offering the three aircraft (30759, 30763 and 30764) for sale or lease, after deciding in July to postpone their removal. The carrier […]

EVA Air prepares for more freighters with rejigged Boeing order

• Charles Kauffman and Jeff Lee
• September 1, 2020
• Aircraft, Capacity & Demand, Carriers, Editorial, Equipment, Freighter Aircraft Transactions, Logistics, News, Production Freighters, Strategy

After just over a year of operating a freighter fleet comprised of five 777Fs, Taiwan-based EVA Air is again growing its freighter fleet and will place orders for three additional 777Fs from Boeing [FATs 005588-5590].  “In response to changes of market demands and continuous optimization of the network and fleet, the board of directors approved the adjustment of some aircraft that have not delivered,” according […]

Avitas’ Kelly on 747 values as production fades: Industry Pulse

• Charles Kauffman
• August 27, 2020
• Aircraft, Business, Conversions, Editorial, Equipment, Exclusive, News, Production Freighters, Strategy, Video

Historically, ending production for an aircraft drags down values. However, that’s not the case with the 747-8F, which Boeing last month decided to formally end production on.   In this episode of Cargo Facts’ monthly webinar series, Industry Pulse, Doug Kelly, SVP of asset valuation at Avitas, discusses the value trajectory for the 747 freighter now that an end to the line is […]

NCA to grow managed 747-400F fleet with ASL deal?

• Charles Kauffman
• August 25, 2020
• Aircraft, Carriers, Equipment, Exclusive, Freighter Aircraft Transactions, Logistics, Production Freighters, Widebody Fleet Analysis

Two factory-built 747-400Fs that were on long-term lease with AirBridgeCargo until earlier this year (36784 and 36785) have exited storage at Teruel (TEV) and are being prepared for service re-entry. Both aircraft were ferried to Frankfurt Hahn Airport (HHN), according to Flightaware, and appear to be undergoing maintenance ahead of service re-entry with ASL Airlines […]

ACT Airlines on the hunt for 747-400Fs

• Jeff Lee
• August 24, 2020
• Aircraft, Capacity & Demand, Carriers, Conversions, Editorial, Equipment, Exclusive, Logistics, News, Production Freighters, Strategy, Widebody Conversions

Turkey-based ACT Airlines is on the hunt for more 747Fs. The carrier told Cargo Facts it plans to add two more units to its all-747-400F fleet either later this year, or in 2021. ACT said it had decided on the expansion and begun the search last year, but is currently still evaluating the most feasible assets, […]