freighter aircraft

Air cargo industry anticipates big peak season to finish year

Logistics professionals and analysts expect the air cargo market’s remarkably strong first half to build momentum during the final months of the year, when international shipping normally peaks to meet holiday shopping demand, leading to pressure on capacity and higher rates.

E-commerce volumes out of Asia continue to be a driving force behind growth, but other factors are also positively influencing air shipping.

Although many U.S. and European businesses pre-ordered inventory to avoid being...

https://www.freightwaves.com/news/air-cargo-industry-anticipates-big-peak-season-to-finish-year

E-commerce, Amazon demand drive Cargojet volume growth

Cargojet, the largest all-cargo airline in Canada, said core transportation revenue increased 11.5% in the second quarter from the prior year as the company taps into the booming international e-commerce logistics sector.

Growth in e-commerce was the primary factor behind Cargojet’s improved earnings and positive outlook for the second half of the year.

Revenue from the domestic overnight network, dedicated contract flying in which transportation service is priced per flight hour and...

https://www.freightwaves.com/news/e-commerce-amazon-demand-drive-cargojet-volume-growth

Magma Aviation establishes Middle East freighter base, names CEO

Magma Aviation, an air cargo charter provider that relies on airline contractors to operate its five Boeing 747-400  jumbo jets, is adding two narrowbody freighter aircraft to the fleet to serve customers in the Middle East and Africa. 

On Tuesday, the cargo management company, headquartered in Gatwick, England, announced the appointment of Peter Kerins as CEO. He replaced Conor Brannigan, who stepped down July 31 to join New York-based cargo airline Atlas Air as vice president of strategy. 

Magma...

https://www.freightwaves.com/news/magma-aviation-establishes-middle-east-freighter-base-names-ceo

Air Canada drops 2 late-model Boeing freighters from fleet

Air Canada has removed two new cargo jets from its fleet, furthering a strategic reversal in ambitious growth plans for dedicated freighter operations after less than three years even as the air cargo market experiences a robust recovery in 2024.

A management analysis published alongside the company’s second-quarter earnings report on Wednesday showed the size of the freighter fleet had fallen from eight to six Boeing 767-300 aircraft. A footnote indicated that the two planes were sidelined in...

https://www.freightwaves.com/news/air-canada-drops-2-late-model-boeing-freighters-from-fleet

Amazon flying to generate 20% of Sun Country Airlines’ revenue

Cargo revenue at Sun Country Airlines inched up in the second quarter despite reduced flight activity on behalf of Amazon, but is expected to jump one year from now when the retail giant supplies additional Boeing 737-800 freighters to the carrier.

The two companies in late June agreed on an expanded transportation services agreement under which Amazon (NASDAQ: AMZN) will deliver eight Boeing 737-800 converted cargo jets it controls through a long-term lease to support package deliveries in its...

https://www.freightwaves.com/news/amazon-flying-to-generate-20-of-sun-country-airlines-revenue

FedEx rebrands aircraft, ground vehicles with new logo

FedEx is rolling out a new paint scheme for its freighter aircraft to reflect the combination underway of the Express and Ground networks, a strategic effort designed to increase efficiency and cut costs by reducing overlapping infrastructure.

The parcel delivery giant this year began covering cargo jets with new graphics to represent the unified brand under the One FedEx model, Justin Brownlee, senior vice president for flight operations and network planning, informed airline employees last...

https://www.freightwaves.com/news/fedex-rebrands-aircraft-ground-vehicles-with-new-logo

DHL Express to add aircraft maintenance center in Spain

DHL Express announced plans last week to invest more than $43.4 million to develop a new European aircraft maintenance hangar at Vitoria Airport, reinforcing Spain’s role in the company’s global strategy. Expected to be operational by mid-2027, the new facility will be DHL Express’ second major maintenance center in Europe and will alleviate pressure on DHL’s primary facility in Leipzig, Germany, as parcel business grows.

The hangar will initially employ about 50 people and focus on maintenance...

https://www.freightwaves.com/news/dhl-express-to-add-aircraft-maintenance-center-in-spain

FedEx to cut domestic flight activity by 60% 

FedEx Corp. plans to significantly slash daily flights and the number of U.S. cities served by air during the daytime when its air cargo contract with the U.S. Postal Service expires on Sept. 29, resulting in significant pay cuts for pilots, senior managers informed crews this week.

Shedding daytime flying capacity in response to the lost postal business is part of a broader FedEx (NYSE: FDX) initiative to boost corporate profits that includes restructuring airline operations to align with lower...

https://www.freightwaves.com/news/fedex-to-cut-domestic-flight-activity-by-60

Brazil approves Embraer structural modification for E190 freighter

Brazilian aircraft manufacturer Embraer says its engineering design to convert the E190 regional passenger jet into a freighter has been certified by Brazil’s civil aviation authority.

The announcement came Tuesday during the Farnborough airshow in England, where the new E-Freighter was unveiled to the public for the first time. The show has not spurred any orders so far.

Embraer’s first entry into the air cargo market is a small narrowbody jet that fits a gap between the standard Boeing 737 and...

https://www.freightwaves.com/news/brazil-approves-embraer-structural-modification-for-e190-freighter

DHL, SF Airlines most impacted by 757 freighter crack risk

DHL Express and China-based SF Airlines are most impacted by the discovery of fatigue cracking in Boeing 757-200 aircraft that were converted from passenger to cargo configuration during the past 19 years, according to a FreightWaves analysis.

The Federal Aviation Administration last month issued an airworthiness directive requiring inspections within three months and repair and replacement, where necessary, to the lavatory service panel located on the fuselage bottom of freighters modified by...

https://www.freightwaves.com/news/dhl-sf-airlines-most-impacted-by-757-freighter-crack-risk

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