Modern Logistics prepares to put next 737F into service, plans further fleet expansion

Brazil-based Modern Logistics is preparing to put a fourth 737F into commercial service in the coming weeks and plans to add several more narrowbody freighters before the year’s end, company CEO Gerald Lee tells Cargo Facts. Modern is also looking at adding a second fleet type this year, likely freighter-converted ATR 72-200Fs, as it continues to […]

Freighter aircraft transactions through April 2018

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 […]

All eyes on Amazon… and Brazil

After a severe three-year recession that began in 2014, Brazil’s economy appears to be on the rebound, with GDP growth of 0.7%, y-o-y in 2017, and expected growth of 1.9% this year, according to the IMF. Although this will not be nearly enough to reverse contractions of 3.8% in 2015, 3.6% in 2016, it is […]

Modern Logistics commences operations

After a few years in a prolonged “start-up” state, Brazilian all-cargo carrier, Modern Logistics launched operations earlier this week, with its first revenue flight between Campinas Viracopos (VCP) and Recife (REC) with its sole 737-400F. Back in early 2015, it appeared the carrier was poised for immediate rapid growth, but until now, such growth never […]
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