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 […]

Connect Cargo becomes Brazil’s latest freighter airline

Brazilian startup Connect Cargo has completed its Part 121 certification with ANAC, Brazil’s National Civil Aviation Agency, and has been granted its AOC, paving the way for the launch of scheduled commercial operations. The company will base its two PEMCO-converted 737-400Fs (27087, ex-Malaysia Airlines, and 26605, ex-Japan Transocean Air) at Recife (REC) and fly them […]
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