Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’s board recently inked a fifty-year […]

E-commerce drives massive quarterly profit for Alibaba

Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at right shows the financial performance of […]

UPS and DHL on the acquisition trail

Two of the world’s big three integrators have recently made significant acquisitions. UPS acquires Marken. UPS bought itself a Christmas present in the form of Marken, a privately-owned, US-based company that specializes in providing clinical trial logistics solutions to the life-sciences industry. The acquisition will provide a significant boost to UPS’ presence in the healthcare […]

Kalitta Air pilots agree to new contract

Pilots at US-based ACMI and charter operator Kalitta Air voted overwhelmingly to ratify a new contract. The International Brotherhood of Teamsters, which represents the Kalitta pilots, said a twenty-one day voting period ended on 20 December, with 234 pilots voting in support of the new deal, and 17 voting against. According to the union, the four-year […]

Peak season boosts volumes and costs for FedEx

FedEx reported operating income up 2.6% in the second quarter of its 2017 fiscal year, driven primarily by the inclusion of TNT Express, which added revenues of $1.9 billion during the quarter. The charts at right show FedEx’s results as reported, with net income up 1.3% to $700 million, as overall revenue swelled by 20.0%, […]

The narrowbody freighter fleet in 2016 — Part III

Today we conclude our three-part analysis of the worldwide narrowbody jet freighter fleet with a look at the state of the passenger-to-freighter conversion market at the end of 2016. You can read Part I here, and Part II here. Conversion from passenger configuration is the only source of narrowbody jet freighters. Operators and lessors of widebody […]

The narrowbody freighter fleet in 2016 – Part II

Yesterday, in Part I of this three-part analysis, we began with an overview of the worldwide narrowbody jet freighter fleet as it stood at the end of October 2016, then looked at the currently available and recently launched passenger-to-freighter conversion programs, concluding with the observation that, even before the first freighter has been redelivered from […]
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