Express shines in DP-DHL’s first quarter

Deutsche Post-DHL reported first-quarter net income down 1.4% to €495 million, as total revenue increased 8.8% to €14.77 billion. Operating profit (EBIT) for the quarter was down 1.0% to €720 million. DP-DHL has four reporting divisions, and in the first quarter two of them turned in strong performances, while the other two did less well, […]
  • David Harris
  • May 18, 2015

The 757 conversion market heats up

For the last few years, the 757 -200 passenger-to-freighter conversion market has been driven primarily  by FedEx. There has been a slow, but steady, trickle of orders from other carriers, particularly DHL Express and SF Express, but with FedEx nearing the end of its 757 binge, it appeared that demand for the type would decline. However, a recent […]
  • David Harris
  • May 11, 2015

The worldwide express fleet: Part III

Two days ago, we began a three-part look at the jet freighter fleet operated by, or for, the integrated express companies. Part I looked at the way the combined fleet has changed over time, while Part II summarized the changes on a company-by-company basis. Today we look ahead at how the fleet will evolve in the coming […]
  • David Harris
  • April 17, 2015

The worldwide express fleet: Part II

Yesterday, we began a three-part look at the jet freighter fleet operated by, or for, the integrated express companies. Part I looked at the way the combined fleet has changed over time, but there were also significant changes on a company-by-company basis, and that is what we will examine today, starting with the smallest of the […]
  • David Harris
  • April 16, 2015

The worldwide express fleet

Today, we begin a three-part analysis of the worldwide express freighter fleet. Over the next two days will look at the fleet on a company-by-company basis, and conclude with our thoughts on how the fleet will evolve in the future. But today we start with a look at the overall fleet of jet freighters used now […]
  • David Harris
  • April 15, 2015

ATSG enters 5-year agreement with DHL

US-based Air Transport Services Group (ATSG) completed a new five-year agreement with DHL. Under the agreement, which the two companies have been working toward for some time, ATSG will extend its flying in support of DHL’s US operations through March 2019. ATSG said some of the principal elements of the agreement were: Extended dry leases […]
  • David Harris
  • January 28, 2015

Competing for feedstock

Ireland-based Fly Leasing (which is managed and serviced by US-based BBAM LP) said it has “agreed to sell eight of the 11 Boeing 757 aircraft in its fleet.” No information was provided regarding the purchaser of the eight aircraft, but Cargo Facts believes it is likely to be either DHL Express or SF Airlines, both […]
  • David Harris
  • November 14, 2014

Goodbye Transmile, hello Raya… and hello 757 freighters

The new owner of the former Transmile Air Services has rebranded it Raya Airways, and will refleet with 757 freighters. Malaysia’s troubled Transmile Group only recently formally completed the sale of all-cargo carrier Transmile Air Services (TAS), but the deal was in the works last year after TAS was spun out from its parent, and re-fleeting […]
  • David Harris
  • October 6, 2014
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