LATAM Cargo weathers 1Q headwinds with mild traffic gains

On the surface, it appeared to be a tough quarter for the cargo unit of Chile-headquartered LATAM Airlines Group. LATAM Cargo reported a steep 10.9% year-over-year drop in revenue, to US$263.5 million, in the first quarter of 2019, despite a 1.9% increase in cargo traffic to 899 million RTKs. After accounting for a $10 million […]
  • Charles Kauffman
  • May 17, 2019

Qatar Airways updates 777F delivery timeline, again hints at A330F disposal

Doha-based Qatar Airways is planning to take delivery of four more 777Fs before the year is over, the company’s CEO, Akbar Al Baker, revealed at a media event in Qatar earlier this week. Without specifically mentioning the A330-200F, of which the carrier currently owns and operates five, Al Baker told The Gulf Times the carrier […]
  • Charles Kauffman
  • May 16, 2019

Which aircraft will dominate the world’s freighter fleet in 20 years?

This is the second of three posts on the future freighter fleet based on the 2019 Freighter Forecast, published by Cargo Facts Consulting. Last week’s post focused on the key numbers of the latest Cargo Facts Consulting 20 year freighter forecast, which foresees the addition of 2380 jets and 421 new turboprops to cater for […]
  • Frederic Horst
  • May 15, 2019

Despite future focus on 777Fs, Turkish Cargo continues to refine A330-200F network

Although Istanbul-based Turkish Cargo is investing heavily in the 777F platform for future growth, it remains as one of the few combination carriers operating A330-200Fs in large numbers. This week, Turkish Cargo added a Porto (OPO) stop to a weekly flight previously operating as a round-trip service between Istanbul (IST) and Madrid (MAD) on Sundays. […]
  • Charles Kauffman
  • May 10, 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

China Airlines launches into freighter fleet modernization with 777F order

Taiwan-based China Airlines (CI) announced today it had inked a Memorandum of Understanding with Boeing that includes an order for three 777Fs and options for three more, as the carrier gets started on a fleet modernization program. Expected delivery dates have yet to be announced, but China Airlines has left open the possibility of supplementing […]
  • Charles Kauffman and Caryn Livingston
  • May 8, 2019

How important is Amazon to the US domestic air freight and express business?

Amazon is big. In 2018, the company’s share of US e-commerce sales reached around 50%. E-commerce itself accounts for about 15% of total US retail spending. But how big is Amazon for the domestic air freight and express business? And has Amazon’s growth come at the detriment for FedEx and UPS? To be clear, Amazon […]
  • Frederic Horst
  • May 8, 2019

2800+ new freighters to be added in the next 20 years, forecast finds

This is the first of three posts on the future freighter fleet based on the 2019 Freighter Forecast, published by Cargo Facts Consulting. The global freighter fleet will add 2,380 jet freighters and 421 feeder aircraft, according to Cargo Facts Consulting’s latest 20-Year Freighter Forecast. The 2019 Freighter Forecast was released today by Cargo Facts Consulting […]
  • Frederic Horst
  • May 8, 2019
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