5 carrier partnerships to watch in 2018

Although carrier-to-carrier cooperation is as fresh a concept as electronic waybills, 2017 has been a year during which carriers further aligned themselves into increasingly cooperative alliances. For their potential impact on the global freighter fleet, here are 5 alliances to watch in 2018. 1) Emirates SkyCargo and Cargolux Airlines At the Air Cargo Europe event […]
  • Charles Kauffman
  • December 8, 2017

Cargo shines in Cathay’s dark first half

The Cathay Pacific Group reported a net loss of US$262 million in the first half of 2017, down from a profit of $45 million in 1H16, as the carrier’s passenger business struggled in the face of increasing competition from airlines based in mainland China. On the cargo side, however, there was nothing but good news. […]
  • David Harris
  • August 18, 2017

The world’s top 50 cargo carriers

A year ago, when we looked at the top cargo carriers of 2015, we focused on Emirates’ rapid rise from nowhere to become a powerhouse that dominated the international air freight market. But Emirates does not carry domestic cargo, and FedEx, as it had done for many years, combined its massive US domestic traffic with […]
  • David Harris
  • August 8, 2017

Green grass and high tides for Atlas

Not only did Atlas Air Worldwide Holdings (AAWW) report an extremely strong second quarter and first half, CEO Bill Flynn said the company expected the good momentum “to carry through 2017, into 2018, and beyond.” In the second quarter, Atlas reported net income up 89.3% over 2Q16 to $40 million, as revenues increased 16.7% to […]
  • David Harris
  • August 2, 2017

Cathay and DHL plan reorganization of Air Hong Kong

In an announcement on the Hong Kong Stock Exchange, Cathay Pacific Airways and DHL Express said they had entered into a non-binding memorandum of understanding covering a change in ownership of their Hong Kong-based joint-venture all-cargo airline, Air Hong Kong (AHK). In the MoU, the two companies say “it is contemplated that” three major changes […]
  • David Harris
  • July 11, 2017

An (adjusted) flying start for Atlas in 2017

Atlas Air Worldwide Holdings (AAWW) reported a net first-quarter loss of $752,000 (compared to a $471,000 profit in 1Q16), as total revenues rose 13.6% y-o-y to $475 million. Operating income for the quarter was up 19.8% to $24 million. Given the net loss, why was Atlas so pleased with the result that CEO Bill Flynn […]
  • David Harris
  • May 3, 2017

Exceptional cargo gains at Cathay and Turkish

After a very poor start in 2016, air freight demand began growing in the second half, and a strong peak season brought the full-year increase in cargo traffic to 3.2% above 2015 level. Still, 2017 began with everyone nervous about  the possibility that, after the strong peak, demand growth would fall back to the lackluster […]
  • David Harris
  • April 20, 2017

EU antitrust fines resurface

In 2015, EU Courts, “on procedural grounds” threw out fines of US$844 million against a handful of airlines for their alleged participation in a cargo cartel between 2000 – 2006. This week the case is back to haunt airlines, with the European Commission undoing its annulment, and reimposing the fines. During the interim period since the […]
  • Charles Kauffman
  • March 17, 2017
Page 1 of 41234 »