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

ATSG caps a strong year with a strong quarter

Air Transport Services Group (ATSG) reported fourth-quarter 2017 net income up 6,000% y-o-y to $95.1 million, and… Wait… 6,000 percent???? ATSG has been doing well for some time, and its 2016 fourth quarter wasn’t bad, so how can it be 6,000% more profitable in 4Q17? A big part of the answer is that ATSG, like […]
  • David Harris
  • February 28, 2018

A record quarter for Atlas

Atlas Air Worldwide Holdings (AAWW) reported fourth-quarter 2017 net income up well over 600% y-o-y to $209.5 million, as revenue rose  18.5% to a record $627.9 million. Operating income for the quarter was up 5.2% to $106.7 million. The huge jump in reported net income was driven by three one-time financial items: A $130 million […]
  • David Harris
  • February 22, 2018

JD Logistics’ new multi-billion-dollar investors

Earlier today, Beijing-based e-commerce giant JD.com, Inc., announced it was selling a 19.6% stake in the logistics subsidiary it spun-out as a standalone company last April, in a deal valued at US$2.5 billion. Following US-based Amazon’s launch of an own-operated air freight network (operated by subsidiary carriers of ATSG and Atlas Air Worldwide Holdings Inc.), […]
  • Charles Kauffman
  • February 14, 2018

Amazon edges closer to becoming an integrator

In recent years, Seattle-based e-tailer Amazon has doubled-down on the expansion of its supply chain and fulfillment infrastructure, launching a dedicated freighter network, and enlarging the reach of its own-operated last-mile delivery services to include some 37 US cities. Many in the air freight industry have long believed that it would only be a matter […]
  • Charles Kauffman
  • February 9, 2018

New-build 767 freighters for SF Express? And who else?

Cargo Facts has learned that the long-rumored negotiations between China-based SF Express and Boeing regarding an order for new-build 767-300Fs may have finally borne fruit, with SF placing a five-unit order. SF Airlines, the air arm of SF Express, has made no secret of its plans to expand its widebody fleet, and has so far […]
  • David Harris
  • February 9, 2018

ATSG reaches tentative agreement with pilots’ union ALPA

We who live in Seattle became used to seeing uniformed pilots picketing Amazon’s headquarters. They carried signs with slogans based on the theme that delivery of merchandise ordered from the internet giant was being compromised by the refusal of the airlines that fly for Amazon to offer fair contracts to their pilots. For their part, […]
  • David Harris
  • February 6, 2018

JD Logistics adds second major airline partner, who’s next?

Last year, Chinese consumers bought more fresh fruits, vegetables, seafood, meats, and other perishable products through online channels than any other country in the world — and demand shows no sign of letting up. In order to accommodate this demand, the logistics subsidiary of Beijing-based JD.com, JD Logistics, has been actively expanding its domestic last-mile […]
  • Charles Kauffman
  • January 19, 2018
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