767 transactions dominate July Freighter Aircraft Transactions

Of the 51 freighter aircraft transactions (FATs) recorded in July 2019, 35% involved 767s, the workhorse for domestic express and e-commerce in the United States, and increasingly, globally. Both production freighters and conversions saw an uptick in activity for the month with deliveries of two new-build 767Fs, one each to US-based integrators FedEx and UPS. […]
  • Charles Kauffman
  • August 16, 2019

Atlas looks to moderate fleet growth as tariffs sting in 2Q19

Despite a 10.5% year-over-year increase in block hours flown in 2Q19 across the company’s ACMI and Charter segments, Atlas Air Worldwide Holdings reported operating revenues that were nearly flat for the quarter (-0.3%) at $664 million. Company CEO Bill Flynn acknowledged on an earnings call with analysts that the third tranche of tariffs that went […]
  • Charles Kauffman
  • August 1, 2019

Kalitta secures contract with DHL for 777F ops

US-based Kalitta Air’s first 777F (35607, ex-Emirates) will begin flying routes for DHL Express on an ACMI basis next month, the carrier confirmed to Cargo Facts. The aircraft was delivered last month, on lease from DAE Capital [FAT 004938]. Earlier this week, photos of the aircraft in Kalitta Air livery with a DHL tail surfaced […]
  • Jeff Lee
  • July 29, 2019

Freighter aircraft leasing part II: E-commerce behind growing leasing market

Last week, we began our two-part annual analysis of the increasingly complex world of freighter aircraft leasing. In part I, we started with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we consider the leased fleet by carrier, and how year-over-year shifts […]
  • Jeff Lee
  • July 19, 2019

Fourth Amazon Air 737-800BCF joins fleet in Tampa

After making its debut at the Paris Air Show last month, the fourth 737-800BCF (32663, ex-Jet Airways) on lease from GECAS was ferried yesterday from Jacksonville (VQQ) to Tampa Airport (TPA), where it will join Amazon Air’s growing 737F fleet operated by Atlas Air Worldwide’s Southern Air subsidiary. TPA is one of several airports with […]
  • Caryn Livingston
  • July 8, 2019

Flynn retiring as Atlas CEO, with Dietrich to assume the role in 2020

Today, Atlas Air Worldwide Holdings announced that President and Chief Executive Officer William Flynn will retire from the company at the end of this year. Flynn will become chairman of the board upon his retirement.   Atlas’ current Executive Vice President and Chief Operating Officer, John Dietrich, will take Flynn’s place. Dietrich has been appointed president of the company effective immediately and will assume Flynn’s CEO role […]
  • Brianne Ledda
  • July 2, 2019

Amazon commits to 15 more 737-800BCFs, GECAS confirms role as lessor

Amazon confirmed plans to lease fifteen additional 737-800BCFs from GECAS, to be delivered by 2021, in an agreement announced today at the Paris Air Show [FATs 004971-4985]. These fifteen units are in addition to the five 737-800BCFs Amazon has already secured, and has contracted Atlas-affiliate Southern Air to operate on a CMI basis by year-end […]
  • Charles Kauffman and Jeff Lee
  • June 18, 2019

Kalitta Air forays into 777F operations with ex-Emirates freighter

US-based Kalitta Air acquired its first 777F (35607, ex-Emirates) on lease from DAE Aviation, the carrier has confirmed to Cargo Facts [FAT 004938]. The aircraft is scheduled to arrive at Kalitta's Detroit area base at Willow Run Airport (YIP) tomorrow and will be operating in commercial service following ETOPS qualification, which is expected within six […]
  • Charles Kauffman
  • June 17, 2019
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