Atlas posts $400M loss, parks four converted 747Fs

• Jeff Lee
• February 20, 2020
• Aircraft, Capacity & Demand, Carriers, Equipment, News, Production Freighters, Strategy, Widebody Conversions

Atlas Air Worldwide Holdings today reported a net loss of $410.2 million for the fourth quarter of 2019, partly resulting from a non-cash special charge of $485.2 million related to the write-down of the company’s whole 747-400F fleet due to lower cargo yields and aircraft utilization. Atlas posted the loss despite block hours in the […]

Amazon looks to build disruptive cargo airline

• Caryn Livingston
• February 12, 2020
• All Posts, Carriers, E-Commerce, News, Strategy

Based on a job posting from Amazon, the e-commerce giant appears to be planning an expansion of its already substantial air cargo operations. The company’s Amazon Air Science and Technology team is looking to hire an applied scientist “to help scale and grow a startup cargo airline.”  Continue reading the full story on our sister site, Air Cargo World. Amazon looks to build disruptive […]

Atlas Air joins EMEA roundtable

• Chelsea Toczauer
• January 28, 2020
• All Posts, Cargo Facts EMEA, Events, News

Graham Perkins, Atlas Air’s vice president of sales and marketing for Europe/Middle East/Africa/India (EMEIA), at, has been added to the Cargo Facts EMEA 2020 speaker faculty.  Cargo Facts EMEA 2020 will be held Feb. 3-5 at the Westin Grand Frankfurt. Perkins will speak on Wednesday, Feb. 5, at 11:15 a.m. at a roundtable panel discussion scheduled to run for 45 […]

DHL to add a pair of 737-800Fs

• Charles Kauffman
• January 14, 2020
• Aircraft, Conversions, Equipment, Exclusive, Narrowbody Conversions, News

DHL Express plans to add to its fleet a pair of freighter-converted 737-800BDSFs, Cargo Facts has learned. Both aircraft are owned by Spectre Air Capital and were converted to freighter configuration by Israel Aerospace Industries’ Aviation Group, or IAI, at the company’s MRO facility in Tel Aviv (TLV). Following conversion, the aircraft (28619, ex-Pegasus and […]

Flexport’s own-controlled 747F service ends

• Jeff Lee
• January 10, 2020
• Aircraft, Capacity & Demand, Carriers, Equipment, News, Production Freighters, Strategy

Flexport will be terminating its own-controlled 747-400F operation on Jan. 25. From that day onward, the forwarder will instead be moving to an asset-light model, having entered into a series of block space agreement with Plus Logistics, wholly owned subsidiary of Nippon Cargo Airlines (NCA). Flexport told Cargo Facts that, while the move was part of […]

El Al secures 747 capacity with Atlas, sidelines other operators

• Charles Kauffman
• January 7, 2020
• Aircraft, Carriers, Equipment, News

In what may come as a blow to European 747F operators, Israel-based El Al Airlines began wet-leasing a 747-400F from U.S.-based Atlas Air [FAT 005279]. Flights between Tel Aviv (TLV) and Liege (LGG) began on Jan. 1. The move to lease-in capacity follows El Al’s 2019 decision to cease freighter operations of its own, and […]

Sun Country Air to operate ten 737-800BCFs for Amazon

• Charles Kauffman
• December 17, 2019
• Aircraft, Capacity & Demand, Carriers, Equipment, Narrowbody Conversions, News

Minneapolis-based low-cost carrier Sun Country Air has agreed to operate ten 737-800BCFs on a CMI-basis for Amazon for a period of six years. The carrier will become Amazon’s third ACMI operator in the United States after Air Transport Services Group and Atlas Air Worldwide Holdings. Amazon will lease all ten 737-800BCFs from GECAS, and transfer […]

17 Asia-Pacific fleet additions in 2019

• Jeff Lee
• December 13, 2019
• Aircraft, Carriers, Conversions, Equipment, Narrowbody Conversions, Production Freighters, Strategy, Widebody Conversions

Earlier this week, we looked at how the freighter fleet in mainland China has grown in 2019. As the year draws to a close, here’s an overview of the seventeen freighter aircraft that were added to carriers based elsewhere in the Asia-Pacific region over the course of the year. [Note: for the purposes of this […]