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

CAAC cutting red tape for cargo start-ups?

After more than a year during which the Chinese Civil Aviation Administration took little action towards approving new start-up cargo airlines (we recall Guangzhou-based Longhao was the last new venture to receive its AOC in December 2016, and subsequently commence commercial service in March 2017), there is suddenly a flurry of activity. Just this week, […]
  • Charles Kauffman
  • October 13, 2017

Suparna adds 747-400F, ultimately bound for Cargolux’s China venture?

Update, 21 September 2017: Cargolux confirmed to Cargo Facts that there is in fact, no connection between Henan Cargo Airlines and Suparna’s recent 747-400F acquisition.  Last month, ASL Airlines Belgium returned a 747-400F (35235) to lessor Aircastle, and today the aircraft arrived in Hong Kong, where it is now on lease to Shanghai-based Suparna Airlines […]
  • Charles Kauffman
  • September 19, 2017