9 Things we learned during our trip to China – Part I

The Cargo Facts team has spent the past few weeks traveling up-and-down China, one of the most exciting and dynamic markets for both domestic and international air cargo. While you can expect more comprehensive and expanded stories in the upcoming issue of Cargo Facts, we thought we would take this opportunity to share 9 things […]
  • Charles Kauffman
  • November 13, 2017

ATSG reports adjusted third-quarter net income up 72%

Air Transport Services Group (ATSG) reported a third-quarter net loss of $33 million, as revenue increased 31.5% y-o-y to $254 million. A bad quarter? Hardly. As was the case with Atlas Air Worldwide Holdings, the main cause of the reported loss was a change in the value of warrants issued to Amazon as part of […]
  • David Harris
  • November 9, 2017

FedEx is the Launch Customer for ATR’s new production freighter

ATR signed an agreement with FedEx for the purchase of thirty ATR 72-600Fs, with options for twenty more. This will be ATR’s first production freighter. Until now, any carrier or lessor that wanted a turboprop freighter had to first acquire a used passenger unit, and then have it converted to freighter configuration. Most such conversions […]
  • David Harris
  • November 8, 2017

Demand for 767 conversions stays strong

When Amazon announced its agreements with Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings for a forty-unit 767 freighter fleet, demand for 767 feedstock and conversion slots quickly ramped up. But this demand was accompanied by the question of “after Amazon, then what?” Once ATSG and Atlas had fulfilled their obligation to Amazon, […]
  • David Harris
  • November 3, 2017

Recent freighter aircraft transactions

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]
  • David Harris
  • October 20, 2017

Suparna Airlines applies for new routes, suggests more freighters on the way

On 16 October, the CAAC issued a bulletin summarizing a series of routes applied for by Shanghai-based HNA Group subsidiary, Suparna Airlines (formerly Yangtze River Express Airlines, also referred to as “Jinpeng Airlines” in Mandarin). In line with previously announced plans, the routes aim to connect Suparna’s main gateways in China with Europe and North […]
  • Charles Kauffman
  • October 18, 2017

Korean Air renews fleet amidst soaring cargo revenues

Yesterday, Korean Air took delivery of its twelfth 777F (62697),  as part of a plan to renew a fleet once heavily-reliant on 747-400BCFs and 400ERFs. This unit is on lease from GECAS, and was the fifth aircraft included as part of a sale-and-leaseback deal for five 777Fs between Korean Air and GECAS that was reached […]
  • Charles Kauffman
  • October 17, 2017

More 747-8Fs for Silk Way

At the Caspian Air Cargo Summit in Baku yesterday, Jahangir Asgarov, President of Azerbaijan Airlines (AZAL), said that, in addition to an order for four 787 aircraft for his airline, state-owned Silk Way Airlines would order two more 747-8 freighters. Asgarov has been widely quoted in the Azeri media as saying “preparatory work for the […]
  • David Harris
  • October 11, 2017
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