Cargo Facts Symposium to feature fireside chat with Atlas CEO, William Flynn

Cargo Facts is pleased to announce that the 23rd Annual Cargo Facts Symposium will feature an exclusive Fireside Chat with: William (‘Bill’) Flynn, President and Chief Executive Officer, Atlas Air Worldwide Holdings. Flynn’s career in transportation and supply chain management spans forty-years, during which he has held a variety of positions. Currently, Bill is President […]

Widebodies less likely to see second life as freighters

SAN DIEGO – After years of stagnant demand for widebody freighter conversions, 2016 saw the market suddenly bounce back. Last year, fourteen 767 P-to-F conversions were added to the global widebody freighter fleet (eleven 767-300BDSFs and three 767-300BCFs), and a similar number will be put into service in 2017. However, according to speakers on an […]

4Q revenue up, profit down, but ATSG sees blue skies ahead

Air Transport Services Group reported fourth-quarter net income of US$1.5 million, down 89.6% from 4Q15, as revenue rose 22.1% to $222 million. Operating income (EBIT) for the quarter was down 19.6% to $18 million. However, both the net income and operating income figures come with significant asterisks, and mean very little on their own. As […]

DHL completes expansion of its Americas Hub

DHL Express completed a major expansion of its main hub for the Americas, and is on a hiring spree to increase its workforce there by almost 40%. The expansion at Cincinnati/Northern Kentucky Airport (CVG) includes a new, 45 acre (18.2 hectare) north ramp with sixteen additional aircraft gates (bringing the hub’s total capacity to sixty-five […]

Amazon’s Prime Air to commence operations at CVG beginning in spring 2017

At the beginning of the month, Seattle-based Amazon announced plans to shutter its Prime Air operations at Wilmington Air Park (ILN) in Ohio, and construct a new “centralized air hub” at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. (For a more detailed analysis, see Amazon to abandon Wilmington […]

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’s board recently inked a fifty-year […]
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