CAM takes redelivery of first 767BDSF for UPS

Cargo Aircraft Management (CAM), the leasing subsidiary of Air Transport Services Group (ATSG), has taken redelivery of another 767-300BDSF (28041, ex-Air Italy) [FAT 005112]. But what’s different about this aircraft is that, instead of being destined for Amazon like most of CAM’s recent redeliveries, it will be placed with Atlanta-based integrator UPS [FAT 005113]. This […]

Mongolian acquiring second 737F, planning 767Fs

Startup carrier Mongolian Airways Cargo, which just last month received its first aircraft, a 737-300F (25172, ex-China Postal Airlines), is acquiring its second 737-300F and is expecting to add it into the fleet early next month after maintenance work is completed. The company is also looking at 767 freighters as part of its business plan. […]

Flynn retiring as Atlas CEO, with Dietrich to assume the role in 2020

Today, Atlas Air Worldwide Holdings announced that President and Chief Executive Officer William Flynn will retire from the company at the end of this year. Flynn will become chairman of the board upon his retirement.   Atlas’ current Executive Vice President and Chief Operating Officer, John Dietrich, will take Flynn’s place. Dietrich has been appointed president of the company effective immediately and will assume Flynn’s CEO role […]

CF EMEA 2019: lower asset utilization fuels European express market’s appetite for converted 767Fs

Low utilization rates and inefficient packaging are driving European express demand for freighter-converted 767Fs, said panelists at this week’s first-ever Cargo Facts EMEA event in Frankfurt. Dr. Joerg Andriof, Chief Operating Officer, Titan Aircraft Leasing, told delegates that the most efficient express networks in Europe utilize feeder aircraft, 737Fs, and 767Fs. “On the trunk routes […]

FedEx revenues rise, while Express trends worsen in 2QFY19

This week, Memphis-based FedEx reported a 9.3% year-over-year increase in revenue for its 2QFY19, ended 30 November, to US$17.82 billion. Operating income during the quarter was up only 4.8%, compared to a double-digit increase reported for 1Q, to $1.17 billion, and net income rose 20.6% to $935 million. The Express segment presented substantial headwinds for […]

ATSG’s appetite for 767Fs to persist beyond 2019

Concurrently with the reporting of its 2Q18 financial results, during a call with financial analysts, Air Transport Services Group (ATSG) doubled-down on its commitment to the 767 platform through 2019 and beyond, signaling that it will add between six and ten of the type in 2019, and is likely to add more in 2020 and […]

Freighter aircraft transactions from mid-June through mid-July

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 […]
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