More 747-8Fs for Silk Way

At the Caspian Air Cargo Summit in Baku yesterday, Jahangir Asgarov, President of Azerbaijan Airlines (AZAL), said that, in addition to an order for four 787 aircraft for his airline, state-owned Silk Way Airlines would order two more 747-8 freighters. Asgarov has been widely quoted in the Azeri media as saying “preparatory work for the […]
  • David Harris
  • October 11, 2017

Overheard at Cargo Facts Asia

SHANGHAI – A record crowd of senior executives from all links in the air cargo supply chain gathered at the Grand Hyatt in Shanghai late last month for Cargo Facts Asia 2017 – the sixth annual presentation of what is now undeniably the region’s premier industry event. After five years in Hong Kong, record attendance […]
  • David Harris
  • May 18, 2017

Freight trains and freighter aircraft on the old Silk Road

Just five years ago, DB Schenker launched the first China-to-Europe rail freight service, with a single train rolling from Chongqing in west-central China to Duisburg, Germany. Schenker touted the service as cheaper than air and faster than sea, but the launch was met with a certain amount of skepticism in the industry. Changing rail gauges, […]
  • David Harris
  • February 3, 2017

Global Buy, Global Sell

Early last year, when Daniel Zhang took over as CEO of Chinese e-commerce giant Alibaba, he said the company was going to globalize, that the new goal was “Global buy and global sell.” In his view, Alibaba’s market was no longer China, but the world. But how to reach the world? Over the last two […]
  • David Harris
  • November 29, 2016

Breaking News: UPS firm-orders 14 747-8Fs

Shortly after warning investors that the 747-8F was facing an unprecedented level of future uncertainty as the program’s order backlog dwindled, Boeing announced a massive firm-order for fourteen of the jumbo freighters (and options for up to 14 more) from express giant UPS. The order was announced simultaneously with UPS’ release of solid third-quarter results. With […]
  • Charles Kauffman
  • October 27, 2016

Silk Way Airlines set to take off in the US and Russia

After nearly a decade since the initial filing, the US Department of Transportation (DOT) has granted Silk Way Airlines, and its subsidiaries, permission to operate scheduled freighter flights to and from the US with a revised foreign air carrier permit.  This new market-access is likely to fuel growth for the Azerbaijan-based carrier, which has been […]
  • Charles Kauffman
  • September 6, 2016

Silk Way goes big

Passing almost unnoticed at the Farnborough Air Show last week was an agreement signed by Silk Way Airlines and Ilyushin Finance Company (IFC), concerning the lease of an An-124-100. This was not a firm order, but the companies said they expected to firm the deal within a month. Azerbaijan-based charter specialist Silk Way Airlines (parent […]
  • David Harris
  • July 19, 2016

Where’s the beef?

Where’s the beef? Not on the tables of hungry Chinese diners – or at least not often enough nor in sufficient quantity. At least that seems to be the conclusion drawn by Shanghai Yiqian Trading, the Chinese company that is buying Germany’s Frankfurt Hahn Airport (HHN). According to company Chairman Yu Tao Chou, Shanghai Yiqian […]
  • Charles Kauffman
  • June 7, 2016
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