Atlas fleet boost bumps 4Q18 earnings

Atlas Air Worldwide Holdings (AAWW) reported a fourth-quarter net income of $211.0 million, up 0.7%  from net income of $209.5 million for 4Q 2017 on solid results from the company’s ACMI, Charter and Dry Leasing segments. Operating income rose 19.5% to $127.6 million and total operating revenues increased 21.8% to $765.0 million from substantial growth […]

As SF Airlines takes redelivery of another 757 PCF, plenty of feedstock remains

Today, SF Airlines took redelivery of the fifty-second freighter aircraft, and the twenty-eighth 757-200F, to join the SF Express-associated airline’s fleet. The 757-200 was converted by Precision Aircraft Solutions and is the latest freighter to join SF’s rapidly growing fleet, which grew to fifty freighters by the end of last year following the addition of […]

SF Airlines adds its 50th freighter

On 21 December, SF Airlines took redelivery of a 757-200PCF (27201) following its conversion to freighter configuration by Precision at the Ameco facility in Chengdu. The redelivery brings SF’s freighter fleet up to fifty units. The airline affiliate of SF Express has grown its freighter fleet at an impressive rate, from only ten freighters in […]

Freighter aircraft transactions through mid-November

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 […]

SF Express’ parent company to acquire DHL’s supply chain ops in China

Deutsche Post DHL Group (DP-DHL) will transfer its regional supply chain operations in Macau, Mainland China, and Hong Kong to SF Holding, the parent company of Shenzhen-based SF Express, the two companies announced today. Once the deal – which includes an upfront payment from SF Holding of €700 million, plus revenue-based royalties for the next decade – […]

SF’s large-scale cargo drone moves closer to commercialization after successful flight

Shenzhen-based SF Express announced this week that its Feihong-98 unmanned large cargo drone completed a successful test flight at the company’s Baotou test facility in Inner Mongolia.  SF is preparing to launch small-scale commercialization of the drone within 3-5 years, according to local media sources. Developed in partnership with the China Academy of Aerospace Electronics […]

SF Express to ACMI-lease a 747-400F from Atlas to expedite launch of trans-Pacific ops

Beginning next month, Atlas Air Worldwide Holdings’ Atlas Air subsidiary will operate a 747-400F on an ACMI-basis for Shenzhen-based express carrier SF Express. Widebody 747F operations represent a monumental step for SF, which historically operated a fleet of narrowbody freighters in a domestic express network. In recent years, the carrier has deployed 767-300BCFs on international […]
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