Asia Pacific carriers boost 757-200F fleets

Guam-based Asia Pacific Airlines acquired a 757-200 (25140, ex-OpenSkies) on lease from Aerolease Aviation, and ferried it to Flightstar Aviation in Jacksonville, where the aircraft was inducted for conversion to freighter configuration by Precision Aircraft Solutions yesterday. This induction follows recent news from Brisbane-based Pacific Air Express that it plans to resume freighter ops following […]

• Charles Kauffman
• January 23, 2019

Spectre refinances 737 NG freighters in what may be a trend of freighter financing

US-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis Limited, closed its first round of a long-term senior debt facility led by Erste Bank, Spectre announced yesterday. The debt facility will be used to refinance seven 737-700 and -800 converted freighters under the management of NGF Genesis and on lease to multiple operators. Spectre […]

• Caryn Livingston
• January 22, 2019

CAAC unveils carrier transfer strategy as Beijing prepares for second airport

On 4 January, the CAAC released a “one city, two airports” transfer scheme that further refines airport assignments for Chinese carriers as Beijing prepares to become a dual hub city. Beijing Daxing International Airport (BJB), located 50 kilometers to the south of central Beijing, is set to open in September. Once operational, Daxing is expected […]

• Chelsea Toczauer
• January 7, 2019

737-800BCF certified by China’s Civil Aviation Authority

Earlier this week, Boeing confirmed that its 737-800 Boeing-converted freighter aircraft has been certified by the Civil Aviation Authority of China, which means that Chinese airlines may now operate the Next Generation 737 converted freighter. In 2019, Boeing plans to deliver sixteen 737-800BCFs, seven of which will be delivered to Chinese airlines including, China Postal […]

• Chelsea Toczauer
• December 27, 2018

China Postal Airlines’ parent planning IPO, and fleet expansion?

China Postal Express & Logistics Co., Ltd (EMS), a subsidiary of Beijing-based China Post, which owns a number of logistics companies, including China Postal Airlines and China Post Logistics, is planning to execute an IPO within three years. China Post Chairman, Liu Aili, announced the subsidiary’s intention to go public last week during a signing […]

• Charles Kauffman
• August 27, 2018

Recent freighter aircraft transactions

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• David Harris
• October 20, 2017

China Post to establish European HQ in Hanover

Last Tuesday, Stephan Weil, the Prime Minister of Lower Saxony in northwestern Germany, announced that, after discussions between his government and executives from China Post, the logistics company had decided to establish its European headquarters at Hanover’s Langenhagen Airport. Beginning this summer, two freighter flights per week will carry mail and express parcels between Shanghai’s […]

• Charles Kauffman
• May 30, 2017

Air Incheon orders more narrowbody conversions on higher cross-border demand

Today, PEMCO World Air Services (PEMCO) announced it had reached an agreement with South Korea-based Air Incheon to convert a 737-400 (25857) into freighter configuration. As cross-border trade expands in the region, Air Incheon has found itself once again looking for more capacity. Last October, Air Incheon secured long-term leasing agreements for three 737-800 freighter-conversions […]

• Charles Kauffman
• April 4, 2017