Cargo shines in Cathay’s dark first half

The Cathay Pacific Group reported a net loss of US$262 million in the first half of 2017, down from a profit of $45 million in 1H16, as the carrier’s passenger business struggled in the face of increasing competition from airlines based in mainland China. On the cargo side, however, there was nothing but good news. […]
  • David Harris
  • August 18, 2017

Qatar Airways takes 10% stake in LATAM

On 28 December, Qatar Airways, through its wholly-owned subsidiary Qatar Airways Investments, completed the acquisition of 10% of Chile-based LATAM Airlines Group, reaching a total of almost 61 million shares at a price of US$10 per share. The two carriers already cooperate as members of the oneworld alliance, and whether the acquisition of the stake […]
  • David Harris
  • December 28, 2016

767 Renaissance

It is common wisdom in the aviation world that first delivery of a new aircraft type is the death knell for the type it replaces.  But to paraphrase Mark Twain, “reports of the 767’s death have been greatly exaggerated.” Boeing delivered its first 787 – a direct replacement for the 767 – over four years […]
  • David Harris
  • January 26, 2016

LATAM to lease three 767-300Fs to FedEx

LATAM Airlines Group said that as part of its freighter fleet rationalization plan, it was “in the process of leasing out three of its 767-300Fs to another company operating in a different market for a period of three years.” While LATAM did not identify the lessee, one of the three (32573) has already been re-registered […]
  • David Harris
  • November 24, 2014

At Cargo Facts, 11 of the top 20 carriers in the world

Many of the world’s top cargo carriers will be attending the 20th annual Cargo Facts Symposium next month. Among the carriers already signed up are: AirBridge, Atlas Air, Cargolux, Delta, DHL, Emirates, Etihad, FedEx, LATAM. Lufthansa, and UPS. That according to analysis of registrations released today. The Cargo Facts Symposium will take place Oct. 22-24 in Miami […]
  • JJ Hornblass
  • September 18, 2014

Cargo down at LATAM, up at Avianca

LATAM Airlines Group, parent of Chile-based LAN and Brazil-based TAM, reported cargo revenue down 12.7% in the first half to US$425 million. Cargo traffic for the half was down 4.3% to 2.12 billion RTKs, and cargo yield dropped 6.9% to US$0.390 per RTK. Discussing the result, the company said “cargo trends continue to be weak […]
  • David Harris
  • August 19, 2014

Change coming to the LATAM freighter fleet

Brazil-based TAM Linhas Aéreas this week converted two earlier 777-300ER orders to orders for the freighter variant – the 777F. TAM, like Chile-based LAN, is a subsidiary of the LATAM Group, which appears to be in the process of overhauling its freighter operations. The Group currently has ten 767-300Fs and four 777Fs distributed among its […]
  • David Harris
  • June 13, 2014

LAN’s first 787 nears delivery

Next Friday, LAN Airlines will take delivery of its first 787-8, registered CC-BBA (msn: 38471). The Aircraft is seen here earlier this month performing a high-speed taxi test prior to its first flight (which took place on Aug. 6). LAN will become the fourth airline to receive a 787, with the third, Ethiopian, having just […]
  • David Harris
  • August 23, 2012
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