NCA reports net loss in 2Q due to freighter grounding

Nippon Cargo Airlines (NCA) reported a US$86.1 million second-quarter loss in net income in its 2018 interim release – an over 250% decrease compared to the same period last year, in which it saw a positive US$55.3 million net income. The loss comes as no surprise after the grounding of NCA’s eleven 747 freighters, which […]
  • Nina Chamlou
  • November 9, 2018

Nippon Cargo Airlines resumes trans-Pacific route

Nippon Cargo Airlines (NCA), which grounded all eleven units in its 747F fleet back in June, will resume trans-Pacific service this week with a route between Tokyo Narita Airport (NRT) and Chicago’s O’Hare Airport (ORD) via Ted Stevens Anchorage International Airport (ANC). NCA was forced to ground its fleet when inspectors from Japan’s Civil Aviation […]
  • Caryn Livingston
  • September 25, 2018

Cargolux adding three 747-400Fs next year, but where will they come from?

Last week, Cargo Facts sat down with Cargolux President & CEO Richard Forson to discuss what the all-cargo carrier’s fleet might look in the future, when 747Fs are no longer available.  Today, however, 747Fs can still be acquired, and the Luxembourg-based all-cargo airline is planning to add three used 747-400Fs next year. The source of […]
  • Charles Kauffman
  • May 25, 2018

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 […]
  • David Harris
  • March 12, 2018

777Fs for All Nippon, and an expanded alliance with Nippon Cargo

Japan-based All Nippon Airways (ANA) will add two 777Fs as part of its new five-year business plan that runs from now through 2022. In an interview in the Japanese publication Aviation Wire, Shinya Katozaka, President of ANA Holdings, said the company had for several years been considering the addition of larger, longer-range freighters to complement […]
  • David Harris
  • February 27, 2018

10 most-read stories on CargoFacts in 2017

With 2017 now in the history books, we take a look at the stories that drew the most attention from our readers in a year that turned out to be one of the best ever for our industry. 10: More Freighter Orders for Boeing. Despite the ever-increasing demand for air freight over the last two […]
  • David Harris
  • December 29, 2017

Cargolux considering more 747Fs on higher 2017 results

Last year at this time, the air cargo market had only just begun to recover from its protracted slump. The downturn hit cargo-focused airlines hard, and Luxembourg-based Cargolux was not immune. Even though Cargolux’s traffic rose by 10% in 2016, net profits fell from US$49 million the previous year, to just $5.5 million – not […]
  • Charles Kauffman
  • November 30, 2017

NCA cancels remaining 747-8F orders

Japan-based NYK Group, parent of Nippon Cargo Airlines (NCA), said it reached an agreement with Boeing to cancel NCA’s two remaining orders for 747-8 freighters. NCA was a launch customer for the 747-8F, placing an order for eight units in November 2005, and upping its total to fourteen in early 2007. However, by the time the carrier took […]
  • David Harris
  • March 27, 2017
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