Atlas says Southern to begin flying 2 Amazon 737-800Fs this month

Atlas Air Worldwide’s Southern Air subsidiary will begin flying two 737-800Fs on a CMI basis for Amazon Air this month, Atlas President and CEO Bill Flynn said today during the company’s first quarter 2019 earnings call. Those two aircraft are among five that Southern Air will begin flying for Amazon this year, and potentially among […]
  • Caryn Livingston
  • May 1, 2019

DP-DHL’s 4Q Express, GF growth outweighed by PeP weakness

Despite revenue growth across all segments during the fourth quarter, and operating profit (EBIT) growth in the Express and Global Forwarding segments, Deutsche Post-DHL Group (DP-DHL) reported Group EBIT declines of 4.0% year-over-year to €1.13 billion, and 15.5% to €3.16 billion for the 4Q and FY2018 respectively, due to sharp declines in the Post-eCommerce-Parcel (PeP) segment. PeP EBIT fell 28.4% and […]
  • Caryn Livingston
  • March 7, 2019

String of deals in 4Q18 set ATSG up for growth in 2019

Yesterday, we considered how an application to the Department of Transportation revealed Air Transport Services Group’s (ATSG) desire to get into 777F operations through its subsidiary, Omni Air LLC. Today, we turn to ATSG’s 4Q18 results, which on the surface look disappointing, but actually position ATSG for significant growth in 2019 and 2020. The company […]
  • Charles Kauffman
  • March 1, 2019

Amazon growing last-mile strength, planning to go toe-to-toe with integrators?

Major integrators FedEx and UPS have been adamant that they aren’t worried by Amazon’s growing freighter fleet and last-mile delivery network. However, after yesterday’s release of fourth-quarter and full-year 2018 results from US-based 3PL and major Amazon service provider XPO Logistics, perhaps integrators and other logistics providers in major markets served by Amazon should be […]
  • Caryn Livingston
  • February 15, 2019

LATAM reports 2Q net loss, despite improving cargo ops

LATAM Airlines Group reported yesterday an 86.6% year-over-year decline in operating income (EBIT) for the second quarter, to US$6.5 million. While passenger and cargo revenue were both stronger during the quarter – up 3.6% and 16.8%, respectively, y-o-y – sharply higher aircraft fuel costs and passenger compensations from strikes in Chile and Brazil led to […]
  • Caryn Livingston
  • August 21, 2018

Turkish Cargo revenues, volumes rise in 1H

Turkish Cargo reported cargo revenues rose 35% y-o-y in 1H18, to US$784 million. During the same period cargo volumes increased by 27.7%, to 660 thousand tonnes. Since the first half of 2017, Turkish has added two 777Fs to its eighteen-unit freighter fleet.
  • Charles Kauffman
  • August 10, 2018

Cathay stays in the red, despite continued cargo strength

The Cathay Pacific Group reported a net loss of US$34 million in the first half of 2018, marking an improvement from 2017’s first half when the Hong Kong-based carrier reported a net loss of $261 million as its passenger business struggled to counter increasing competition from airlines based in mainland China. So far this year, […]
  • Caryn Livingston
  • August 8, 2018

ATSG’s appetite for 767Fs to persist beyond 2019

Concurrently with the reporting of its 2Q18 financial results, during a call with financial analysts, Air Transport Services Group (ATSG) doubled-down on its commitment to the 767 platform through 2019 and beyond, signaling that it will add between six and ten of the type in 2019, and is likely to add more in 2020 and […]
  • Charles Kauffman
  • August 7, 2018
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