In shuttering 747 program, Boeing shuns consortium’s proposal, Cargo Facts learns

Not only is Boeing abandoning the 747 platform, continuing its trend in recent years of turning away customers seeking to purchase the iconic widebody, the aerospace giant has also declined an offer to acquire the program, Cargo Facts has learned. Efforts to save the 747-8 have failed, requiring the air cargo industry to face the […]

Cargo delivers lifeline to Taiwanese cargo operators in 2020

Taiwan-based combination carrier China Airlines made an incredible pivot to cargo for the month of May 2020, reporting cargo revenue for the month up by 152.8% year-over-year. Despite reporting May passenger revenue down 96.3% year-over-year on passenger volumes that had dropped to just 9,121 from 1.3 million a year earlier, China Airlines acted more like […]

10 carriers where cargo contributes the most

Between 2018 and 2019, the contribution of cargo to a combination carrier’s top line decreased almost unanimously as the airfreight market entered cool-down mode after a multi-year growth streak. With the exception of Qatar Airways, all of the top-ten carriers by cargo revenue contribution saw cargo play a reduced or unchanged role in 2019. With […]

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. […]

No sign of December traffic rebound for combination carriers

After a month-to-month uptick in air cargo demand between October and November 2019, there was hope that peak season demand would push annual comparisons into positive territory in December 2019. While anecdotal reports suggest some regions and commodity segments saw an increase in December cargo traffic year over year, combination carriers showed little sign of improvement […]

Production freighter orders in 2019 – 747 nowhere to be seen

Given that 2018 was such a stellar year for freighter orders, with eighty-three aircraft ordered, 2019 was perhaps always going to pale in comparison. Still, the year ended with a respectable twenty-eight production jet freighter aircraft being added to the order books. The orders for these twenty-eight aircraft, consisting of seventeen 777Fs and eleven 767-300Fs, […]
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