IAI inducts another 767 for CAM, but is it destined for Amazon?

Earlier this week, Cargo Aircraft Management (CAM) ferried a 767-300 (29228, ex-LATAM) to Tel Aviv (TLV) where it was inducted for conversion to freighter configuration by Israel Aerospace Industries (IAI) [FATs 005048-005049]. The induction boosts the number of CAM-owned 767-300s currently undergoing conversion in Tel Aviv to six, at least three of which are expected […]
  • Charles Kauffman
  • July 17, 2019

Freighter aircraft leasing part I: E-commerce behind growing leasing market

Today we begin our annual analysis of the increasingly complex world of freighter aircraft leasing. In this two-part series, we begin with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we will consider the leased fleet by carrier, and how year-over-year shifts […]
  • Jeff Lee
  • July 11, 2019

Second LATAM 767BCF nearing redelivery

LATAM Cargo’s next 767-300BCF appears to be almost ready for redelivery. The aircraft (35229, ex-LATAM Airlines Argentina) operated a test flight today, flying around Taiwan for approximately an hour and a half. Unit 35229 has been undergoing the conversion process at the Evergreen Aviation Technologies (EGAT) facility in Taipei (TPE) since February 2019. EGAT was […]
  • Jeff Lee
  • July 8, 2019

E-commerce and freighters part I: In balance or imbalance?

In part I of our feature on e-commerce and freighters, we explore the rise of the own-operated network for e-commerce fulfillment in the United States. Check back later this week for part II, where we consider how e-tailers in the Asia-Pacific region are utilizing partner capacity to fulfill growing e-commerce demand in the region. If […]
  • Caryn Livingston
  • June 26, 2019

ATSG readying recent 767 conversions for Amazon ops

Last week, Air Transport International began operating another freighter-converted 767-300BDSF (26915, ex-30 West) on a CMI basis for Amazon [FATs 004886-4887]. At least two more recently-redelivered 767-300BDSFs owned by ATSG affiliate, Cargo Aircraft Management (CAM) have recently been leased to Amazon (25200, ex-American Airlines ) and (26912, ex-Air New Zealand) and will soon follow 26915 […]
  • Charles Kauffman
  • June 11, 2019

FedEx Trims Amazon Ties as Retailer Flexes Delivery Muscles

FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc., paring a key customer relationship as the largest online retailer deepens its foray into freight transportation. The new focus will be on “serving the broader e-commerce market,” with U.S. package volume from online shopping expected to double by 2026, FedEx said in […]
  • Bloomberg News
  • June 7, 2019

ATSG expands credit facility to grow 767 freighter fleet

Yesterday, Air Transport Services Group announced the growth of its credit facility by US$100 million to $645 million, along with a one-year extension through May 2024. Quint Turner, ATSG’s CFO, said the company will invest a majority of its $475 million capital expenditure budget this year to acquire thirteen 767-300s, most of which will be […]
  • Caryn Livingston
  • May 29, 2019

ATSG adds UPS as new dry lease customer, reports strong 1Q19

Air Transport Services Group (ATSG) today released its first-quarter results for the period ending 31 March, reporting customer revenues up 71% y-o-y for the quarter to $348.2 million on increased ACMI flying. Net earnings, meanwhile, were up a solid 35% to $22.7 million. Robust demand from existing customers such as Amazon and DHL, as well […]
  • Charles Kauffman
  • May 9, 2019
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