Tianjin Cargo Airlines prepares to fly, as HNA looks to the future

China-based all-cargo startup Tianjin Cargo Airlines received certification from the Civil Aviation Administration of China, and will likely start service in early 2018. The carrier is a joint venture among three consortia (Tianjin Aviation Logistics Development Co., Ltd., Sky Holdings Co., Ltd., and Yang Hang Investment) that are controlled by heavy-hitting players in the industry, […]
  • David Harris
  • November 22, 2017

Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]
  • David Harris
  • November 7, 2017

Atlas expands its fleet

Atlas Air Worldwide Holdings (AAWW) acquired a 747-400ERF (33515) on lease from Altavair. The freighter was originally delivered to Korean Air in 2003, and has been operated by Korean until now. Altavair acquired it, along with a sister ship, in a forward sale late last year. The second of the pair (33517) will also be […]
  • David Harris
  • September 11, 2017

Germany’s airports sprout cargo connections to China

Rapidly growing cross-border e-commerce coupled with the desire of Chinese express companies to add international connections to their air networks is causing a flurry of activity at German airports. Although multiple airports throughout Germany are seeing additional scheduled freighter frequencies, Frankfurt-Hahn Airport (HHN) and Hanover-Langenhagen Airport (HAJ) are two airports of particular interest for China-to-Europe […]
  • Charles Kauffman
  • July 19, 2017

Hong Kong Air Cargo receives AOC

It’s not every day a Hong Kong-based startup receives an Air Operator’s Certificate, in fact, it has been about twelve years since the last new-issue permit. Today, that changed when Hong Kong Air Cargo, a spin-off from combination carrier, Hong Kong Airlines was granted an AOC. More details are expected following a grand opening ceremony […]
  • Charles Kauffman
  • April 21, 2017