Freighter Aircraft Transactions (through 24 November 2017)

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 available to […]
  • David Harris
  • November 23, 2017

Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]
  • David Harris
  • November 7, 2017

New ACMI-deals highlight growing demand for 747Fs

This month, Atlas Air Worldwide (AAWW) will begin operating a 747-400F on an ACMI basis for Deutsche Post DHL Group’s forwarding subsidiary, DHL Global Forwardin. Separately, Orlando-based National Airlines announced it had placed two 747-400Fs with China-based BST Logistics. Do these deals sound familiar? They should. Atlas has recently inked ACMI/CMI deals for 747F assets […]
  • Charles Kauffman
  • September 15, 2017

Atlas expands its fleet

Atlas Air Worldwide Holdings (AAWW) acquired a 747-400ERF (33515) on lease from Altavair. The freighter was originally delivered to Korean Air in 2003, and has been operated by Korean until now. Altavair acquired it, along with a sister ship, in a forward sale late last year. The second of the pair (33517) will also be […]
  • David Harris
  • September 11, 2017

Green grass and high tides for Atlas

Not only did Atlas Air Worldwide Holdings (AAWW) report an extremely strong second quarter and first half, CEO Bill Flynn said the company expected the good momentum “to carry through 2017, into 2018, and beyond.” In the second quarter, Atlas reported net income up 89.3% over 2Q16 to $40 million, as revenues increased 16.7% to […]
  • David Harris
  • August 2, 2017

South Korean air cargo traffic 7.5% higher in 2016

South Korean air cargo traffic 7.5% higher in 2016, compared to 2015, as total tonnage reached 3.78 million tonnes. The country’s two big carriers, Korean Air and Asiana, both operate significant freighter fleets. Korean Air accelerated its freighter fleet renewal efforts in 2016. In the last twelve months, Korean has taken delivery of a 747-8F […]
  • Charles Kauffman
  • March 14, 2017

Asiana and Atlas in trans-Pac ACMI agreement

Asiana Cargo, the cargo arm of South Korea-based Asiana Airlines, signed an agreement to ACMI lease a 747-400F from Atlas Air, one of the airline subsidiaries of Atlas Air Worldwide Holdings (AAWW). Atlas will operate the freighter, beginning this month, on trans-Pacific routes connecting South Korea “with several destinations in the US.” Commenting on the […]
  • David Harris
  • February 14, 2017

Asiana brings new life to Bedek’s 747-400 conversion program

During the Cargo Facts Symposium, Rafi Matalon, Bedek’s senior director & GM Marketing and Business Development, announced that his company had received an order, from an unidentified customer, for two 747-400 combi-to-freighter conversions. Given the limited number of -400 combis in operation, the source of feedstock could have been winnowed down to just a few […]
  • Charles Kauffman
  • December 5, 2016
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