Despite smaller freighter fleet, Emirates SkyCargo grew in FY19

Even as Dubai-based Emirates SkyCargo moved to reduce ACMI-leased 747-400F capacity last year, the carrier’s cargo unit reported growth for its 2018-2019 financial year, which ended 31 March. Cargo revenues rose 5.0% year-over-year, accounting for about 14% of the airline’s total transport revenue. Volumes increased 1.4% to 2.66 million tonnes while cargo yields, meanwhile, were up 2.7%, according to financial results released by the Emirates Group.  After a two-year period of fleet stability that […]
  • Charles Kauffman
  • May 13, 2019

China Airlines launches into freighter fleet modernization with 777F order

Taiwan-based China Airlines (CI) announced today it had inked a Memorandum of Understanding with Boeing that includes an order for three 777Fs and options for three more, as the carrier gets started on a fleet modernization program. Expected delivery dates have yet to be announced, but China Airlines has left open the possibility of supplementing […]
  • Charles Kauffman and Caryn Livingston
  • May 8, 2019

Freighter aircraft transactions through the first half of April

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 […]
  • Caryn Livingston and Charles Kauffman
  • April 15, 2019

Qantas to upgrade Atlas-leased freighters to 747-8Fs

Atlas Air Worldwide Holdings, which has had a long-standing ACMI lease agreement with Qantas Freight for the operation of two 747-400 freighters, said in a statement today that the leased aircraft will be upgauged to two 747-8Fs. According to flight tracking software FlightAware, the two -400Fs (29253 and 29254, both of which operate in Atlas […]
  • Caryn Livingston
  • April 4, 2019

China Southern to add two 777Fs, a sign combination carriers are hungry for freighters?

After a four-year period during which Guangzhou-based China Southern Airlines’ twelve-unit 777F freighter fleet remained stable, growth has returned. China Southern converted an existing order with Boeing for the purchase of two 777-300ERs to the 777F freighter variant, the company announced in a notice that appeared on the Shanghai Stock Exchange today. Both aircraft will […]
  • Charles Kauffman
  • March 1, 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

The widebody freighter fleet part III: New widebody operators gravitate toward 767Fs

Today we offer the final section of the 2019 edition of our annual widebody freighter fleet analysis. We began this year’s analysis of the worldwide widebody freighter fleet earlier this week with a look at the composition of the fleet on a carrier-by-carrier basis. You can review part I here. Part II continued with an […]
  • Charles Kauffman
  • January 31, 2019

The widebody freighter fleet part II: fastest-growing carrier fleets

We began this year’s analysis of the worldwide widebody freighter fleet yesterday, with a look at the composition of the fleet on a carrier-by-carrier basis. You can review part I here. Here in part II, we look at what has changed within the fleet, and growth by carrier. In part III, we conclude with a review […]
  • Charles Kauffman
  • January 29, 2019
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