Cargo traffic bounces back in August first look

August results are in from some of the world’s big carriers, handlers, and airports, and after lackluster June and mixed July results, cargo growth looks to have rebounded during, particularly out of Asia. However, while more of the major carriers reported year-over-year growth during August compared to the past couple of months, growth rates are […]

LATAM reports 2Q net loss, despite improving cargo ops

LATAM Airlines Group reported yesterday an 86.6% year-over-year decline in operating income (EBIT) for the second quarter, to US$6.5 million. While passenger and cargo revenue were both stronger during the quarter – up 3.6% and 16.8%, respectively, y-o-y – sharply higher aircraft fuel costs and passenger compensations from strikes in Chile and Brazil led to […]

Freighter aircraft transactions through mid-March

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 […]

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 […]

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 […]

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 […]
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