FedEx orders more 767Fs, starts deploying them intra-Europe

FedEx Express recently exercised options to purchase six more 767-300Fs from Boeing [FATs 005050-005056]. The integrator expects to take delivery of these six frames in FY2022 and now has a total of fifty-nine 767-300Fs on firm order. Interestingly, according to FedEx’s Stat Book for the third quarter of fiscal 2019, released in March, the company […]

• Jeff Lee
• July 16, 2019

UPS receives 12th 747-8F and celebrates 50th anniversary of the Queen of the Skies

UPS took delivery of its twelfth 747-8F (64262) late last week [FAT 005036]. While UPS is part of a select group of carriers to operate the -8F, this particular aircraft is unique in that it features a special decal near the nose, celebrating the fiftieth anniversary of the Boeing 747, as can be seen from […]

• Jeff Lee
• July 2, 2019

E-commerce and freighters part I: In balance or imbalance?

In part I of our feature on e-commerce and freighters, we explore the rise of the own-operated network for e-commerce fulfillment in the United States. Check back later this week for part II, where we consider how e-tailers in the Asia-Pacific region are utilizing partner capacity to fulfill growing e-commerce demand in the region. If […]

• Caryn Livingston
• June 26, 2019

3 fleet plans unveiled through plane sightings [VIDEO]

If boxes and pallets could speak, every freighter flight would have a story to tell. Many narratives are straightforward and can be inferred by connecting the dots between origin and destination – a 747F flight between Oslo Airport (OSL) and Seoul (ICN), for example, reflects Asia’s growing appetite for fresh seafood out of the Atlantic. […]

• Charles Kauffman
• May 31, 2019

ATSG expands credit facility to grow 767 freighter fleet

Yesterday, Air Transport Services Group announced the growth of its credit facility by US$100 million to $645 million, along with a one-year extension through May 2024. Quint Turner, ATSG’s CFO, said the company will invest a majority of its $475 million capital expenditure budget this year to acquire thirteen 767-300s, most of which will be […]

• Caryn Livingston
• May 29, 2019

Widebody freighter transactions accelerate during first half of May

During the first fifteen days of May 2019, Cargo Facts recorded a total of fifteen freighter aircraft transactions, up three transactions month-over-month from April. In a major shift from last month, transactions involving widebody freighters represented 80% of the transactions during this period (twelve units) compared to just five units last month. Below, we include […]

• Caryn Livingston and Charles Kauffman
• May 27, 2019

Does Amazon really matter to intra-European express, postal, courier and ground transport?

A Google News search today of the term “Amazon” yields 566,000 hits. Indeed, the online retailing behemoth is seemingly everywhere, dominating discussions in the airfreight market, but just how important is Amazon to the intra-European freight market? The answer will surprise you. Recently, we took a brief look at the importance of Amazon for the […]

• Frederic Horst
• May 24, 2019

ATSG adds UPS as new dry lease customer, reports strong 1Q19

Air Transport Services Group (ATSG) today released its first-quarter results for the period ending 31 March, reporting customer revenues up 71% y-o-y for the quarter to $348.2 million on increased ACMI flying. Net earnings, meanwhile, were up a solid 35% to $22.7 million. Robust demand from existing customers such as Amazon and DHL, as well […]

• Charles Kauffman
• May 9, 2019