Will aircraft age limit affect Korean freighter operators?

Eight South Korean airlines are reported to have signed an agreement with the country’s Ministry of Land, Infrastructure, and Transport (MLIT) to only operate aircraft of twenty years or younger. At present, three of the eight carriers, Korean Air, Asiana Airlines, and Air Incheon, operate a total of twelve aircraft outside the limit: Four 747-400s […]
  • David Harris
  • May 22, 2015

Silk Way orders more 747-8Fs

Azerbaijan-based Silk Way Group signed a firm order with Boeing to purchase three 747-8 Freighters. Rumors that Silk Way was negotiating such an order surfaced late last year, and have now been confirmed by a report late last week from the Azerbaijan State Information Agency showing photos of Aaur Akhundov, President of the Silk Way Group, […]
  • David Harris
  • March 2, 2015

747-8F: the State of the program

It has now been almost nine years since Boeing officially launched the 747-8. In a departure from the normal evolution of major aircraft programs, Boeing launched the freighter variant, the 747-8F, first, with Cargolux and Nippon Cargo Airlines (NCA) signing on as launch customers, with orders for ten and eight freighters, respectively. It wasn’t until […]
  • David Harris
  • October 14, 2014

747-8 Freighters — where are they now?

It has now been almost nine years since Boeing officially launched the 747-8, with Cargolux and Nippon Cargo Airlines signing on as launch customers with orders for ten and eight freighters, respectively. In a departure from the normal evolution of major aircraft programs, Boeing launched the freighter variant, the 747-8F, first, and it wasn’t until […]
  • David Harris
  • August 26, 2014

ICBC to buy 747-8 Freighters?

According to a Bloomberg report, China-based ICBC Financial Leasing Co. is in talks with Boeing about the purchase of four or five 747-8Fs, with the intent of leasing them to South Korea-based Asiana. ICBC Leasing is the commercial finance arm of Industrial & Commercial Bank of China, the world’s largest bank by total assets and […]
  • David Harris
  • June 23, 2014
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