Amazon and DHL reported to be in hub partnership at CVG

Update, 21 March 2017: Late today, Amazon confirmed to Cargo Facts that it would be working with DHL, saying: “We are looking forward to the first Amazon planes appearing at CVG this spring and to working with DHL in support of our cargo operations. “ Lost in the coverage of Amazon’s announcement in February that […]
  • David Harris
  • March 21, 2017

More freighters for Amazon?

Note — 17 March 2017: We have added a comment from Amazon at the end of this post. In the last 24 hours, we have heard from two separate sources that Amazon is in talks to acquire more freighter aircraft. How many more? Are you sitting down? None of the parties involved would comment on the […]
  • David Harris
  • March 16, 2017

4Q revenue up, profit down, but ATSG sees blue skies ahead

Air Transport Services Group reported fourth-quarter net income of US$1.5 million, down 89.6% from 4Q15, as revenue rose 22.1% to $222 million. Operating income (EBIT) for the quarter was down 19.6% to $18 million. However, both the net income and operating income figures come with significant asterisks, and mean very little on their own. As […]
  • David Harris
  • March 7, 2017

DHL completes expansion of its Americas Hub

DHL Express completed a major expansion of its main hub for the Americas, and is on a hiring spree to increase its workforce there by almost 40%. The expansion at Cincinnati/Northern Kentucky Airport (CVG) includes a new, 45 acre (18.2 hectare) north ramp with sixteen additional aircraft gates (bringing the hub’s total capacity to sixty-five […]
  • David Harris
  • March 1, 2017

ATSG looks ahead

In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpse of some future possibilities. ATSG […]
  • David Harris
  • February 16, 2017 sees drones as key to rural delivery strategy

China’s second largest e-tailer, has been making commercial drone deliveries in at least four pilot regions scattered across China since June 2016, and has plans to rapidly increase its drone program in 2017, according to recode. JD already has regulatory approval to operate drones in four provinces, along twenty pre-selected routes. By the end […]
  • Charles Kauffman
  • February 10, 2017

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’s board recently inked a fifty-year […]
  • Charles Kauffman
  • February 1, 2017

E-commerce drives massive quarterly profit for Alibaba

Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at right shows the financial performance of […]
  • David Harris
  • January 25, 2017
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