Precision 757 conversions now total 120

Precision Aircraft Solutions has completed its 120th 757-200PCF conversion and redelivered the aircraft (29942, ex-TUI Airways) to SF Airlines [FAT 005386]. The 757, which was originally delivered from the Boeing factory in 1999, was inducted at the AMECO facility in Chengdu (CTU) in December 2019, and arrived at SF’s hub in Shenzhen (SZX) on April 16. It […]

SF Airlines takes eighth freighter in 2019

SF Airlines has taken redelivery of a 757-200PCF (29944, ex-TUI Airways) from Precision Aircraft Solutions [FAT 005255]. The Shenzhen (SZX)-based carrier has now added eight freighters to its fleet this year, far surpassing any other Chinese airline. Unit 29944 began its life in 1999, flying in passenger configuration until 2019. It was then inducted for […]

AVIC forecasts China’s jet freighter fleet to triple by 2038

The Aviation Industry Corporation of China (AVIC) forecasts China’s jet freighter fleet to more than triple over the next twenty years, growing to 723 units, up from 161 today. While the company expects narrowbody freighters to comprise the bulk of the fleet in 2038 when an expected 330 units will be in service, large and […]

SF Express earmarks $212 million for aircraft purchases in latest bond offer

This week, Shenzhen-based SF Holdings, the parent of SF Express and SF Airlines, announced the issuance of six-year convertible bonds in hopes of raising US$825 million (5.8 billion yuan). Of this amount, the largest allocation, some $212 million, will go towards aviation-related expenses including maintenance of SF Airlines’ existing freighter fleet, and to fund the […]

Movers and shakers: Amazon and Chinese Express (global express fleet – Part II)

Yesterday, in part I, we began our four-part analysis of the worldwide express freighter fleet.  Today in Part II, we’ll examine the fleets of relative newcomers to the industry, such as Amazon, SF Airlines and YTO Cargo Airlines. Tomorrow, Part III continues with a company-by-company overview of the three largest integrators, FedEx, UPS and DHL, […]
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