AirBridgeCargo takes delivery of Aviation Capital-financed 747-8F

On 23 February, AirBridgeCargo Airlines took delivery of a 747-8F at Moscow’s Sheremetyevo Airport (SVO) after it was ferried from Boeing’s Paine Field (PAE) facility. The aircraft (63787) is the first to be partially financed under US-based lessor Aviation Capital Group LLC’s (ACG’s) Aircraft Financing Solutions (AFS) program. ACG announced the deal last month and will guarantee the loan […]

• Caryn Livingston
• February 25, 2019

CF EMEA 2019: innovation targets for air freight

FRANKFURT – A crowd of senior air cargo executives gathered for the first-ever Cargo Facts EMEA conference, held this year at the Westin Grand Frankfurt. During the opening session, executives with Cargolux, Atlas Air Worldwide Holdings, and Volga-Dnepr Group gave delegates their perspectives on how the industry must innovate or potentially be left behind as […]

• Caryn Livingston
• February 5, 2019

New cargo startup, more freighters for China

Today, the Civil Aviation Administration of China (CAAC) approved the establishment of a new Chinese cargo carrier, Zhongzhou Airlines Co., Ltd., that will be based out of Zhengzhou Airport (CGO). The airport, which also serves as Cargolux’s China hub, seems to be gaining traction as a hub in the domestic Chinese cargo landscape. Zhongzhou Airlines is […]

• Chelsea Toczauer
• January 31, 2019

Freighter aircraft transactions through mid-January

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 […]

• Caryn Livingston
• January 18, 2019

AirBridgeCargo to add 747-8F via financing from US lessor [VIDEO]

US-based lessor Aviation Capital Group (ACG) will structure, arrange and guarantee a senior loan covering part of the purchase price of a 747-8F Boeing is scheduled to deliver to AirBridgeCargo Airlines next month. The transaction is the first made under ACG’s Aircraft Financing Solutions program, the lessor said in a statement today announcing the loan. […]

• Caryn Livingston
• January 18, 2019

GECAS to redeliver first 737-800BCF to Atran, AOC imminent for CargoLogic Germany?

Although the Volga-Dnepr Group and its affiliate carriers are best known for widebody freighter operations, this week narrowbody freighters are in the spotlight. GECAS is nearing the redelivery of its first 737-800BCF to Russia-based Atran and this week ferried a 737-800BCF (32616, ex-Nok Air) to Moscow’s Vnukovo International Airport ahead of redelivery. Separately, CargoLogic Germany, […]

• Charles Kauffman
• January 17, 2019

AirBridgeCargo volume growth slows in 2018

Volga-Dnepr Group’s Russian subsidiary AirBridgeCargo Airlines (ABC) reported a 2% increase in its year-over-year cargo handle, to more than 700,000 tonnes – likely lagging behind industry average growth rates of around 4%, and well off from recent years for which double-digit growth was the norm for ABC. On a higher note, growth rates for the […]

• Caryn Livingston
• January 14, 2019

4 new 747-8F orders on Boeing’s order book

An additional four orders for 747-8Fs have appeared in Boeing’s backlog of orders, destined for “Unspecified Customer(s).” However, given past known orders that were previously not reflected in the order book, it’s likely the freighters are part of the order placed by Volga-Dnepr Group at last summer’s Farnborough International Airshow. As noted in the recent […]

• Caryn Livingston
• January 10, 2019