As main-deck demand surges, 747Fs remain in storage

While the passenger airline business suffers from capacity cuts on an unprecedented scale due to the coronavirus pandemic, freighter operators are experiencing a surge in demand and charter activity as less and less belly capacity becomes available. However, no parked freighters appear to have been removed from storage and brought back into service so far. […]

AirBridgeCargo seeks to cull 747F fleet

Russia-based AirBridgeCargo (ABC) is in negotiations with lessors to terminate agreements on up to five 747 freighters. The carrier said it entered into discussions with its leasing partners late last year as air cargo demand slumped. In the fallout from the COVID-19 outbreak that has forced ABC to cancel flights, those talks have intensified in […]

CargoLogicAir on the brink?

U.K.-based CargoLogicAir (CLA) has idled its freighter fleet and has not operated any scheduled or charter flights since Feb. 9. Sources familiar with CargoLogicAir tell Cargo Facts that over 100 employees were dismissed this week after financial troubles drove the United Kingdom’s Civil Aviation Authority (CAA) to revoke the carrier’s operating license last week. According […]

Cargolux acquires CargoLogicAir 747

A 747-400F previously operated by U.K.-based CargoLogicAir (CLA) has found a new owner in Cargolux, bringing the Luxembourg-based carrier’s all-747 fleet back to thirty units [FAT 005335]. According to the U.K. Civil Aviation Authority, the aircraft (35170, ex-AirBridgeCargo) was deregistered Feb. 19. It was parked in Leipzig (LEJ) on Dec. 30, and brought to Sharjah […]

European freighter fleet analysis (Part II): 777F on the rise

This is the second part of our analysis of the European jet freighter fleet. Last week, we looked at narrowbodies in Part I. Turning to the widebody jet freighter fleet operated by European carriers, the chart shows that the total number increased 8.3% since last year to 209 units. Notably, the overall number of 747-400Fs […]

CargoLogicAir to cut two 747Fs early next year

UK-based CargoLogicAir (CLA) will reduce its four-unit 747F fleet by two units next year, “because of the ongoing challenging market conditions,” according to a statement from the carrier. Following the reduction, CLA intends to continue operating two aircraft in ACMI service. The cuts are the latest prompted by CLA’s parent, the Volga-Dnepr Group, which earlier this […]

Volga-Dnepr Group misses targets, begins restructuring process

Russia-based Volga-Dnepr Group will be executing a restructuring plan after the group’s three carriers – AirBridgeCargo (ABC), ATRAN and Volga-Dnepr Airlines (VDA) – saw their collective traffic drop by 6% in the first half of 2019, to 2.6 million FTKs, missing targets by 20%. While an immediate change involves the appointment of a new general […]
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