All Freighter Operator Articles – Page 198
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News
Volga-Dnepr looks to expand in aerospace, humanitarian and oil & gas
Volga-Dnepr Airlines has announced the appointment of three global directors to push its expansion in the aerospace, humanitarian, and oil & gas sectors.Axel Kaldschmidt has been appointed global director, aerospace Industry.Aerospace customers account for 30% of Volga-Dnepr’s annual business and since its launch, the airline has operated over 5,250 flights ...
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CargoLogicAir's launch customer named as Chapman Freeborn
CargoLogicAir (CLA) has revealed that the charter flights it carried out earlier this year were arranged by Chapman Freeborn Italia on behalf of freight forwarder Savino del Bene.CLA’s first charter flights flew from Stansted to Bari via Frankfurt and carried a total of 113 tons of automotive parts, including engine ...
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Profits up at lessor Air Castle as it continues to reduce freighter fleet
Aircraft lessor Air Castle, which hit the headlines with the lease of an aircraft to CargoLogicAir last year, saw a double-digit increase in profits in 2015 despite revenues remaining flat.AirCastle, which includes 11 freighters in its fleet of 162 aircraft, saw net income for 2015 increase by 20.7% year on ...
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Chinese express airlines looking to continue e-commerce fuelled expansion
Fast expanding Chinese express carriers YTO Express Airlines and SF Airlines have applied to add extra routes from the country’s capital as they look to capitalise on the growing domestic e-commerce market.Recently launched YTO has applied to the Civil Aviation Administration of China to operate a cargo service between its ...
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Freighter lessor ATSG upbeat on 2015 results
US-based freighter lessor Air Transport Services Group (ATSG) said that its financial results for 2015 are “likely to exceed management’s earlier guidance” due primarily to better-than-expected results from its airline operations in the fourth quarter.ATSG now projects that its earnings before interest, taxes, depreciation and amortization (EBITDA) will likely be ...
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ASL swoops on TNT fleet
ASL Aviation has agreed to purchase TNT Airways and Pan Air Líneas Aéreas, which the express firm has agreed to sell as part of its takeover by FedEx, for an undisclosed sum.The deal will see Dublin-headquartered ASL, which was the expected destination of the fleet, take over the flights operated ...
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CargoLogicAir reveals fleet plans
New UK-based all-cargo airline CargoLogicAir (CLA) has revealed it hopes to operate a fleet of five Boeing 747 freighters in 2018.The much speculated-upon airline today confirmed it had been awarded an Air Operator Certificate (AOC) by the UK Civil Aviation Authority.CLA has taken delivery of its first Boeing 747-400 freighter ...
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News
SIA Cargo Q3 profits down despite demand jump
Singapore Airlines Cargo saw operating profits decline in its fiscal third quarter despite an increase in demand.SIA Cargo recorded an operating profit of S$2m during the October-December period compared with a S$17m profit during the same period in 2014.It said the decline was down to yields declining by 13.5% as ...
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Next steps for Cargolux China
European all-cargo carrier Cargolux has moved on to the next stage of launching Cargolux China, a Zhengzhou-based freighter airline which looks set for take-off by the first quarter of 2017.The Luxembourg-based carrier’s president and chief executive, Dirk Reich, said that the next few weeks will involve garnering approval from the ...
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Qatar Marches on with freighter routes to Budapest, Prague and Ho Chi Minh
Qatar Airways Cargo will launch A330F freighter routes to Budapest, Prague and Ho Chi Minh in March, filling a “definite gap in the market” and increasing the Middle East airline’s freighter destinations in Europe to 14 and in Asia/Pacific to six.An Airbus freighter will fly twice a week from Qatar ...
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News
From lamb cargo to LAN Cargo, 2,000 Magellan sheep flown to Ecuador
LAN Cargo has begun transporting more than 2,000 sheep from the Magallanes region, destined for the sheep-farming and wool-weaving indigenous communities that inhabit Ecuador’s central mountains.Following an agreement between the governments of Chile and Ecuador, the Marin Magellan Meat Merino specimens — 1,500 females and 507 males — will be ...
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Atlas Air to acquire Southern Air in $110m takeover
Atlas Air Worldwide Holdings has entered into a definitive agreement to acquire privately held Southern Air Holdings, a US provider of intercontinental and domestic air cargo services.The deal is "an immediately accretive, all-cash, debt-free transaction" valued at approximately $110m, said Atlas.The transaction is subject to customary closing conditions and approval ...
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NewsBoeing cuts 747-8 production on weak cargo market
Boeing has announced it will cut the production rate of its 747-8 aircraft as a result of weak supply and demand fundamentals in the cargo industry.The Seattle-headquartered manufacturer announced that from September it would cut production of the aircraft from one per month to one every two months to match ...
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Cathay freighter showcases new livery
Cathay Pacific has revealed its first freighter showcasing the airline’s brand new livery.The freshly painted freighter, a Boeing 747-400ERF (Extended Range Freighter) arrived in Hong Kong from the HAECO facility in Xiamen.The new livery comprises three key design elements: the incorporation of the updated and streamlined brushwing; a simplification of ...
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News
Romanian artefacts flown from Bucharest to Beijing
Air Partner, working on behalf of TNT Romania, helped deliver a cargo of 445 treasured Romanian artefacts to China.The shipment was flown from Bucharest Otopeni airport to Beijing on a B777 freighter operated by Emirates. Due to the nature of the cargo, all flight clearances had to be secured through ...
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Southern comfort as Atlas swoops for ACMI rival
Atlas Air Worldwide Holdings has entered into a “definitive agreement” to acquire privately held Southern Air Holdings for $110m, a deal that brings together two US-based ACMI service providers with a combined fleet of more than 75 aircraft.The transaction, with Atlas Air using “available cash on hand” to complete the ...
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‘Abandoned’ freighters claimed
Malaysian-based freighter airline Swift Air Cargo says it is the owner of three apparently abandoned 747-200Fs at Kuala Lumpur airport, saying it had been “stunned” to read press reports that the planes had been abandoned and that it had been unable to trace their owners.In early December, the airport authority ...
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Hollywood bowled over by Qatar's extra LA freighter
Qatar Airways will serve Los Angeles with a fourth weekly Boeing 777 freighter service from January 19, after launching the US west coast maindeck route with a twice weekly frequency to its Doha hub in April 2015.Group chief executive Akbar Al Baker announced the Middle East carrier's additional freighter frequency ...
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NewsFreighter orders soar in 2015
Despite pessimism in the airfreight market in 2015, the year proved to be a busy period for orders of freighter aircraft.Aircraft manufacturers Boeing and Airbus have now revealed their order and delivery figures for 2015 and there was a notable increase in the number of freighters ordered for both companies.In ...
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Etihad cargo volumes up by 4% in 2015
Etihad Airways reported strong cargo volumes for 2015, with 592,090 tonnes of freight and mail flown in total, a four percent increase year-on-year.The national airline of the United Arab Emirates accounted for 88% of cargo imports, exports and transfers at Abu Dhabi International Airport last year.The airline's Etihad Cargo division ...