Aviation slump does little to slow part-out interest in narrowbody feedstock

Competition for narrowbody feedstock from the part-out market remains strong despite an unprecedented aviation slump, according to APOC Aviation, an aircraft part-out company based in Rotterdam. The prospect of lower feedstock acquisition prices has catalyzed interest in newer narrowbody conversion types from participants in the freighter market, but interest from part-out companies continues to attract […]

7 airlines with the most cargo-only flights

Faced with shrinking route networks, airlines began using passenger widebody passenger aircraft solely to transport cargo in March. Now, almost six months later, these operations are not only ongoing at many of the world’s major airlines, but represent a financial lifeline against the slow recovery of the passenger market. Tens of thousands of cargo-only flights […]

Qatar sells A330-200F to Hungary

One of Qatar Airways’ A330-200Fs has been acquired by the Hungarian government, according to local publication Origo. The aircraft (1578) will reportedly be operated by low-cost carrier Wizz Air [FAT 005604]. Apart from a test flight around Doha (DOH) on Aug. 31, unit 1578 had not flown since being removed from service after mid-July. In […]

China Airlines to retain 747-400Fs for longer than expected

Amid the continuing demand for freighter capacity, Taiwan-based China Airlines will keep three 747-400Fs it had been remarketing for longer than originally planned. China Airlines told Cargo Facts it is currently no longer offering the three aircraft (30759, 30763 and 30764) for sale or lease, after deciding in July to postpone their removal. The carrier […]

Freighter values resilient amid COVID-19

Although values for some older vintage passenger aircraft models could decline by as much as 45%, freighter values are expected to hold stable through the current COVID-19 pandemic-induced downturn, according to a revised forecast from aircraft valuation firm Avitas. The resilience of freighter values stems from conditions prevalent in today’s market including, “The shortage of […]

Avitas’ Kelly on 747 values as production fades: Industry Pulse

Historically, ending production for an aircraft drags down values. However, that’s not the case with the 747-8F, which Boeing last month decided to formally end production on.   In this episode of Cargo Facts’ monthly webinar series, Industry Pulse, Doug Kelly, SVP of asset valuation at Avitas, discusses the value trajectory for the 747 freighter now that an end to the line is […]

Atlas Air flies high on charters

On the back of what President and CEO John Dietrich called “an exceptional quarter,” Atlas Air Worldwide Holdings reported an adjusted net income of $123.2 million for the three months ended June 30, 2020, compared to $4.5 million for the same period in 2019. The charter segment was a significant contributor to the second-quarter performance. […]

June cargo traffic hints at mild recovery

Cargo capacity and demand showed signs of recovery in June, according to the International Air Transport Association’s (IATA) latest monthly airfreight analysis. However, the resumption of economic activity after lockdowns has led to only modest improvements, as passenger operations are recovering much more slowly and a major demand rebound has yet to materialize. Overall, global […]
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