ATSG’s new pipeline for 767 feedstock

Yesterday, when Ohio-based Air Transport Services Group, Inc. (ATSG) made the surprise announcement that it would be acquiring Oklahoma-based Omni Air, entry into the 777 operating platform stood out as the most interesting opportunity for ATSG – particularly at a time when some of the company’s current CMI clients, like DHL Express, are poised to […]

• Charles Kauffman
• October 3, 2018

SF Express to ACMI-lease a 747-400F from Atlas to expedite launch of trans-Pacific ops

Beginning next month, Atlas Air Worldwide Holdings’ Atlas Air subsidiary will operate a 747-400F on an ACMI-basis for Shenzhen-based express carrier SF Express. Widebody 747F operations represent a monumental step for SF, which historically operated a fleet of narrowbody freighters in a domestic express network. In recent years, the carrier has deployed 767-300BCFs on international […]

• Charles Kauffman
• September 21, 2018

Freighter aircraft transactions through mid-September

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 subscribers as […]

• Charles Kauffman
• September 17, 2018

Atlas adds second 747-400F to Asiana Cargo ops

Atlas Air Worldwide Holdings will operate a second 747-400F for Asiana Cargo, the cargo arm of South Korea-based Asiana Airlines. Operations for this second aircraft build on the trans-Pacific ACMI deal Atlas and Asiana made in February 2017, under which Atlas operates a 747-400F on trans-Pacific routes between South Korea and destinations in the United […]

• Caryn Livingston
• September 5, 2018

Fleet renewal underway at EVA

Taiwan-based EVA Air took delivery of a 777F (62826), the third of five it has on order with Boeing [FAT 004632]. The aircraft is being acquired as part of EVA’s fleet renewal program, which aims to replace the remaining 747Fs in its fleet with 777Fs by 2019. In related transactions, Atlas Air Worldwide Holdings acquired […]

• Charles Kauffman
• August 31, 2018

Atlas Air revenue, guidance rise again in 2Q

Atlas Air Worldwide Holdings (AAWW) reported a second-quarter net loss of $21.2 million, down from net income of $38.9 million for 2Q 2017, due to an unrealized $50 million loss on outstanding warrants. However, after adjustments, the company saw a 70.8% increase in adjusted net income, to $49.7 million. Operating income rose 4.2% to $60.9 […]

• Caryn Livingston
• August 3, 2018

First NCA aircraft returns to service

On 4 July, Nippon Cargo Airlines (NCA) announced that a single 747-8F (36141) passed a government safety audit, and was cleared to return to service. Shortly after, on 5 July, the aircraft went on to complete a round-trip flight between Shanghai Pudong (PVG) and Tokyo Narita (NRT) – the carrier’s first scheduled own-operated flight since […]

• Charles Kauffman
• July 5, 2018

Rates under pressure as NCA freighter audit continues and trade war looms

Nippon Cargo Airlines’ (NCA) fleet of eleven 747Fs has now been grounded for more than a week as government authorities continue to audit the carrier’s maintenance records. This sudden loss of capacity ex-Asia, combined with a number of shippers rushing to fortify inventories of Chinese goods ahead of new duties scheduled to be imposed as […]

• Caryn Livingston and Charles Kauffman
• June 26, 2018

A boom year for charters?

Total air cargo traffic grew 5.4% y-o-y through March 2018, according to IATA. The cargo charters business meanwhile, which represents a much smaller sub-segment of the overall air cargo market, appears to be growing even faster. UK-headquartered Air Charter Service (ACS) reported the number of cargo charters it handled during the first three months of […]

• Charles Kauffman
• May 29, 2018

Previously unreported freighter aircraft transactions

We try to keep up-to-date on transactions involving freighter aircraft, publishing a list of recent transactions every week in Cargo Facts Update, and then a comprehensive summary in the monthly issue of Cargo Facts. However, particularly in the case of used passenger aircraft being acquired and put into conversion to freighter configuration, it is easy […]

• David Harris
• May 24, 2018