Cargolux considering more 747Fs on higher 2017 results

Last year at this time, the air cargo market had only just begun to recover from its protracted slump. The downturn hit cargo-focused airlines hard, and Luxembourg-based Cargolux was not immune. Even though Cargolux’s traffic rose by 10% in 2016, net profits fell from US$49 million the previous year, to just $5.5 million – not […]
  • Charles Kauffman
  • November 30, 2017

Carriers in the Maghreb continue to add freighters

Earlier this year, on 21 June, Boeing and Casablanca-headquartered Royal Air Maroc (RAM) announced an order to convert a passenger 767-300 from the Moroccan carrier’s fleet, to freighter configuration. According to multiple flight and fleet-tracking databases, it appears that one of Royal Air Maroc’s 767-300s (30008) has been taken out of scheduled passenger service, and […]
  • Charles Kauffman
  • October 31, 2017

Is the end in sight for the 747 — Part II

Yesterday, in Part I of this three-part analysis, we quoted Boeing’s warning that, unless orders picked up, it was “reasonably possible that we could decide to end production of the 747.” You can read Part I here, and Part III here. Today we continue with Part II Until recently, Boeing has said it believed there would […]
  • David Harris
  • August 16, 2016

Is the end in sight for the 747?

If there is one aircraft type that symbolizes commercial aviation, it is Boeing’s 747. Since the first 747-100 entered service in January 1970 (see the historic video at the end of this post), the manufacturer has delivered over 1,500 747s in several variants, up to and including the current offering, the 747-8. Today we start […]
  • David Harris
  • August 15, 2016

A massive freighter order from China Postal

Demand for narrowbody freighters is going off the charts in China. How many times have you read the words “e-commerce is exploding in China” on these pages? Probably enough times to be tired of hearing it, but that doesn’t make it any less true, or any less important to the air freight and express industry. […]
  • David Harris
  • December 15, 2015

Two more 777Fs, and a new hub strategy for China Southern

Last week we reported that China Southern Airlines was planning to add five freighters to its fleet over the next two months. It now looks like the only thing wrong with that report was the timing – one month might be a better guess than two, as three of the five freighters have already arrived, and […]
  • David Harris
  • July 6, 2015

China Southern to add 5 freighters in 2 months

The air freight business must be booming in Guangzhou. If reports in the Asian and European media, as well as in several fleet tracking databases, are correct, China Southern Airlines will add five large widebody freighters to its fleet in the next two months – three new 777Fs from Boeing, and two 747-400Fs returned to service from […]
  • David Harris
  • June 24, 2015

“A billion here, a billion there…”

“A billion here, a billion there…” So starts the famous quote attributed to former US senator Everett Dirksen. In FedEx’s case, as when Dirksen first said it, it ends with “and pretty soon you’re talking about real money.” When FedEx last week reported its fourth-quarter results for the 2015 fiscal year, the gap between reported and adjusted net […]
  • David Harris
  • June 22, 2015
Page 1 of 3123 »