Volga Dnepr signs MOU for 20 747-8 Fs
Volga-Dnepr Group has signed a Memorandum of Understanding to further the Group’s fleet expansion with 20 additional 747-8 Freighters, valued at $7.4 billion at list prices. The agreement also adds th...
Volga-Dnepr Group has signed a Memorandum of Understanding to further the Group’s fleet expansion with 20 additional 747-8 Freighters, valued at $7.4 billion at list prices. The agreement also adds th...
Aeronautical Engineers, Inc. (AEI) has delivered the fifth B737-400SF 11 pallet position freighter to Vx Capital Partners. The aircraft, built in 1992 (MSN 25168) is a high gross weight B737-400 and...
FedEx has retired 15 aircraft and 21 related engines as: 7 MD11s and 12 related engines; 3 A300s and 3 related engines; 4 A310-300s and 3 related engines; and 1 MD10-10 and 3 related engines. The impa...
Cargolux Airlines has completed its fifth-freedom service that took off from Zhengzhou Xinzheng International Airport on May 19 to Chicago. The 747-8F fifth freedom allows an airline to carry revenue...
Deutsche Post-DHL has posted a 1.4% decline in its first-quarter net income to €495 million, although total revenue increased 8.8% to €14.77 billion. Operating profit (EBIT) dropped 1.0% to €720 milli...
Nordic Global Airlines (NGA), which is 40% owned by Finnair, will cease operations by the end of this month after it was unable to cope with depressed freight pricing and overcapacity in the sector. O...
From May 31, MASKargo plans to halt its three weekly cargo flights to Frankfurt. The move follows Malaysia Airlines' decision to halt passenger flights to Frankfurt by May 29. MASKargo will add two fr...
Cargolux Airlines has begun a twice-weekly Trans-Pacific service between Zhengzhou and Chicago in April, operated by the airlines advanced 747-8 freighters. At the Air Cargo Europe event in Munich, Ca...
The International Air Transport Association (IATA) released data for global air freight markets, showing a modest 1.6% rise in volumes in March compared to a year ago, measured in Freight Tonne Kilome...
Despite a difficult overall market situation, Cargolux Airlines said that it ended 2014 on a positive note. While the industry continued to suffer from overcapacity and noticeable pressure on yields, ...
United Parcel Service (UPS) has reported first-quarter net income of $1.03 billion, up 12.6% over a net profit of $911 million in the prior-year period. Revenue rose by 1.4% to $13.98 billion. Operati...
According to date released by the US Department of Transportation’s Bureau of Transportation Statistics (BTS), US-NAFTA freight totaled $85.7 billion in February 2015 as two out of five transportation...
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