Atlas looks ahead

  Atlas Air Worldwide Holdings last week reported second-quarter net income down 27.5% y-o-y to $20.6 million, as expenses incurred in gearing up for the twenty-aircraft Amazon deal ate into profitability. Reported financial and operational results are shown in the chart at right, but perhaps more important than the results themselves is an examination of […]

DFW’s new cargo strategy paying off

Smack in the heart of Shanghai’s former French Concession, at the crossroads of Wulumuqi Road and Wuyuan Road, lies an unassuming store fronting a large sign that reads, “Avocado Lady.” Curious visitors to Shanghai are often intrigued by the shop’s name, and venture inside to see if there is indeed a lady offering avocados for […]

New Latin Connections for KF Cargo’s DC-10-30Fs

Canada-based KF Cargo put two of its DC-10-30 freighters back into operation with the launch of new services to Bogota, Caracas and Lima via Miami. Both Miami-to-Bogota and Miami-to-Lima via Caracas will operate three times weekly. Economic weakness in South America has begun to alter routing and flight schedules in the region. Cargo Facts has […]

Centurion to return to Amsterdam

US-based all-cargo carrier Centurion Cargo, which has seen its share of troubles in the last year, appears set to re-launch its Miami-Amsterdam service. As readers of Cargo Facts will know, Centurion was hit by a number of lawsuits in 2014, and was forced to ground its fleet of MD-11 freighters. However, in recent weeks the […]

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 […]
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