ATSG signs three more 767F leases, bests yearly delivery record

Air Transport Services Group’s (ATSG) dry-leasing arm, Cargo Aircraft Management (CAM), has signed three more deals to lease converted 767 freighters and is on course to deliver a record number of aircraft in a single year. The new agreements involve one 767-300BDSF for Alaska-based Northern Air Cargo [FAT 005666] and two 767-200BDSFs — one each […]

ATSG’s 767F commitment boosts Q2 earnings

Air Transport Services Group’s (ATSG) commitment to and investment in 767 freighters saw the company’s operating income jump by 74% year on year to $32.5 million on an adjusted basis for the second quarter. Total revenue at ATSG’s dry-leasing division, Cargo Aircraft Management (CAM), for the quarter was 8% higher than a year ago, attributed […]

West Atlantic returns second 767

Sweden-based West Atlantic recently returned a 767-200BDSF to its lessor and is considering the addition of slightly younger freighters. The carrier confirmed to Cargo Facts that the 767 (22217, ex-ABX Air) was returned off-lease to Cargo Aircraft Management (CAM) [FAT 005518]. The aircraft was ferried from Leipzig (LEJ) to Tampa (TPA) via Boston (BOS) at the […]

CFC: Amazon’s shipping costs are growing faster than revenue

Amazon’s shipping costs grew by 37% year-over-year in 2019 compared with revenue growth of 21% and 13% in North America and Europe. This trend has continued in 2020. Other key findings include: In the United States, the e-tailer’s dedicated air network has grown from twenty-three to thirty-two active cities, with more stations expected to come […]

Astral Aviation looks to 767 platform for growth

Kenya-based Astral Aviation plans to add to its fleet two freighter-converted 767Fs, Cargo Facts has learned. The medium-widebody freighters will soon complement the carrier’s existing large widebody fleet, and are expected to open up new routes in support of the region’s perishables exports. Astral expects to take a 767-200F within a matter of months, and […]

Cargojet grows 767-300F fleet with purchase

Canada-based Cargojet Airways will add to its fleet a freighter-converted 767-300F later this year. This will take the total number of 767-300Fs in Cargojet’s fleet to thirteen. According to Cargojet management’s discussion of the carrier’s fourth-quarter results, released yesterday, the company purchased the 767-300 (24083, ex-Air Canada) and two spare engines in October 2019. The […]

CF EMEA: Intra-Europe widebody freighter operations

FRANKFURT — The increasing congestion at major European airports and growing express volumes may not be enough to push carriers to upgauge freighters utilized for intra-European routes, according to UPS. During the third session at Cargo Facts EMEA 2020 earlier this month, Jens Poggensee, vice president of transportation procurement for small parcels by air, and […]

FedEx orders more 767Fs, starts deploying them intra-Europe

FedEx Express recently exercised options to purchase six more 767-300Fs from Boeing [FATs 005050-005056]. The integrator expects to take delivery of these six frames in FY2022 and now has a total of fifty-two 767-300Fs on firm order following the recent delivery of 63107. Interestingly, according to FedEx’s Stat Book for the third quarter of fiscal […]
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