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UPS strategy pivot limits fleet growth

UPS’ new CEO Carol Tomé, who took over the reins from David Abney on June 1, outlined a new direction for the company that will prioritize higher-quality revenue streams over volume growth. Future fleet additions and capital investments will be more rigidly scrutinized, which could restrain further fleet growth for UPS. “What we have done […]

Boeing 747 production to end in 2022

Boeing today acknowledged a formal end date to 747 production. “We anticipate completing production for the iconic 747 in 2022,” said President and CEO Dave Calhoun during an earnings call with analysts.  Let it sink in for a moment. Yes, the writing has been on the wall for some time now as the temporary low-rate production of six units per year introduced in 2016 has become permanent. Boeing has since then acknowledged it would move to end production absent “sufficient orders.” But the can was kicked further down […]

MasAir expands with 767-300BDSF

Mexico-based MasAir is expanding its fleet by leasing a 767-300BDSF (24853, ex-ABX Air) under a long-term agreement with Cargo Aircraft Management (CAM), the leasing division of Air Transport Services Group (ATSG) [FAT 005517]. MasAir told Cargo Facts the aircraft will operate under its own air operator’s certificate (AOC) starting in August and will be flying […]

DHL continues 767 growth despite A330 backlog

DHL Express will grow its freighter fleet with the addition of four Boeing-converted 767-300BCFs, the two companies announced today in conjunction with the virtual presentation of the Farnborough International Airshow. [FATs 005511-005514]. DHL continues to order 767 conversions although it still has a firm order for four more EFW-converted A330-300P2Fs, widely seen as the long-term […]

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 […]

Ethiopian to grow freighter fleet to 18

Ethiopian Airlines is set to grow its cargo fleet with six more freighters. The carrier told Cargo Facts it will be adding one new 777F directly from Boeing, three freighter-converted 767Fs, and two freighter-converted 737Fs, but declined to provide an approximate timeline for their arrival. The 777F, Ethiopian’s eleventh, could be the third 777F involved in […]

Asiana ponders freighter fleet renewal

Amid an ongoing deal to be acquired by a consortium led by HDC Group, South Korea-based Asiana Airlines is looking toward the renewal of its freighter fleet, currently consisting of seven 747-400BDSFs, four 747-400Fs and one 767-300F, along with a parked 747-400BDSF. Asiana Cargo told Cargo Facts it is considering upgrading its fleet with 777Fs […]

Cargo Facts Connect: Volga v. Boeing, more Amazon freighters

Russia-based Volga-Dnepr has now been denied its motion for a temporary restraining order to stop Boeing from selling a 747-8F and three 777Fs that were originally destined for AirBridgeCargo. And notably, Amazon announced the addition of more 767-300Fs to its already significant fleet of freighters, and GECAS and Israel Aerospace Industries (IAI) will soon kick […]
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