European express traffic growth will accelerate, Cargo Facts Consulting finds

While we foresee a deceleration of express shipment growth in both international and US domestic express markets, our latest Air Express Market Outlook 2020-24 predicts an acceleration of Express traffic at major European Cargo hubs over the next five years. While outbound express tonnage growth at Leipzig, Liege, Cologne, Paris, East Midlands, and Brussels between […]

CFS 2019: Delta investment, e-commerce to create opportunities for LATAM Cargo

SAN DIEGO – Despite a weak air cargo market in 2019, Santiago-headquartered LATAM Cargo is optimistic about the long-term prospects for airfreight in Latin America. E-commerce, both domestic and cross-border, will be a major driver for trade requiring expedited transportation, Andres Bianchi, CEO, LATAM Cargo told Chelsea Toczauer, associate editor, Cargo Facts, on the sidelines […]

FedEx to park or retire 35 freighters on express headwinds, severed Amazon ties

Concurrent with the release of its 1QFY20 earnings, FedEx announced plans to park or retire the equivalent of up to thirty-five MD-10-10F, A310-300F and MD11F aircraft by the end of its next fiscal year. The company blamed weaker than expected express demand on trade friction and other macroeconomic influences battering the industrial sector. FedEx also […]

ATSG will start flying for Amazon 767Fs previously operated by Atlas

Amazon is shifting 767-300Fs from Atlas Air to ATSG affiliate carrier Air Transport International (ATI) for CMI flying, Cargo Facts has learned. Although Atlas’ leasing affiliate, Titan Aviation Holdings, will continue to lease nineteen freighter-converted 767-300Fs to Amazon, CMI operations for at least two aircraft will be “assigned by Amazon to another provider,” Atlas confirmed […]

SF Airlines adds second 747-400ERF

Shenzhen-based SF Airlines’ second 747-400ERF (35174, ex-Jade Cargo) has officially joined the carrier’s freighter fleet [FAT 005129]. Including the 757-200PCF (29441, ex-TUI Airways) redelivered to SF last week, the carrier’s fleet now numbers 57 freighters. The widebody freighter was one of a pair of 747-400ERFs SF won in an auction that took place on Alibaba’s […]

Cargojet issues warrants to Amazon incentivizing airfreight use in Canada

Canada-based Cargojet and Amazon.com NV Investment Holdings, an affiliate of Amazon.com.ca, entered into a strategic partnership under which Cargojet will issue two tranches of warrants equal to a 14.9% stake in the company. The warrants vest over 7.5 years as certain commercial requirements are met. At first glance, the option to purchase a stake in […]

Aviastar-TU plans to add more 757Fs

Russia-based Aviastar-TU will “most probably” expand its fleet with more 757Fs in 2020, the carrier confirmed to Cargo Facts. Aviastar-TU currently operates three 757-200Fs and four TU-204-100Cs. The carrier joined the ranks of those who operate the freighter version of the 757 when it took delivery of its first 757-200PCF (25731, ex-American Airlines) in August […]
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