Volga-Dnepr Group, GECAS reveal freighter appetite at Farnborough

In another string of significant developments from the Farnborough International Airshow, Volga-Dnepr Group and its UK-based affiliate CargoLogicHolding today signed several agreements with Boeing, including a letter of intent to purchase twenty-nine 777 freighters and an order for five 747-8 freighters. Separately, GECAS announced it had reached an agreement with Boeing for additional 737-800BCF conversions with […]
  • Caryn Livingston
  • July 17, 2018

DHL Express orders fourteen 777Fs, who is next?

At the Farnborough International Airshow today, DHL Express announced an order of fourteen new 777 freighters, with options for delivery of up to seven additional 777Fs. Based on the most recent Cargo Facts Express Fleet Analysis, the order would double DHL Express’ current 777F fleet. Delivery of the first four aircraft in the order is […]
  • Caryn Livingston and Charles Kauffman
  • July 16, 2018

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 […]
  • Caryn Livingston
  • July 11, 2018

More freighters for FedEx and a solid 4QFY18

  Yesterday, along with the release of FedEx’s Q4FY18 financial results, Boeing and FedEx jointly announced an order for twelve 767Fs, and twelve 777Fs in a deal valued at $6.6 billion at list prices. Although the 767Fs represent are a completely new, previously unannounced order, FedEx has long stated in its Stat Book that it […]
  • Charles Kauffman
  • June 20, 2018

Qatar Airways Cargo outgrowing its need for A330-200Fs

Shanghai – Today at Air Cargo China, Qatar Airways’ chief officer cargo Guillaume Halleux confirmed what Cargo Facts had long believed –  that it will not be renewing the leases on three A330-200Fs currently in its fleet and will be returning the aircraft to the lessor once leasing agreements expire in early 2019. The fate of the five […]
  • Charles Kauffman
  • May 17, 2018

Freighter aircraft transactions through mid-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 […]
  • David Harris
  • April 13, 2018

Breaking news: Qatar signs LOI for five more 777Fs

Qatar Airways today signed a Letter of Intent with Boeing to purchase five 777 Freighters. Assuming the order is finalized, Qatar Airways may become the operator of the world’s largest jet freighter fleet outside the big express companies. The carrier currently operates two 747-8Fs, thirteen 777Fs, and eight A330-200Fs. It also has three more 777Fs […]
  • David Harris
  • April 10, 2018

The next big freighter?

What are the widebody freighter options going to be five years from now? As things stand today, those options look to be diminishing rapidly. There are currently four active production freighter programs: Airbus offers the A330-200F, while Boeing offers the 767-300F, 777F and 747-8F. But not only is the clock ticking on all four of […]
  • David Harris
  • March 22, 2018

FedEx reaps benefits of tax cuts in 3Q18

FedEx reported operating income down 2.3% y-o-y, to $1.01 billion in the third quarter of its 2018 fiscal year, despite revenues that were up 10.2% to $16.53 billion. The charts at right and below show FedEx’s results as reported, with net income up 269% to $2.07 billion, thanks in part to a $1.15 billion remeasurement […]
  • Charles Kauffman
  • March 21, 2018

LATAM fleet rebalance sees 777 freighters shift to Atlas

Chile-based LATAM Airlines’ cargo division has finally offloaded the 777 freighters it planned to remove from its fleet by the end of 2017. Atlas Air Worldwide Holdings acquired the freighters and announced that its Southern Air subsidiary will operate both freighters on an ACMI basis for DHL Express. Southern Air has operated one of the […]
  • Caryn Livingston
  • March 7, 2018
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