freighter aircraft

Emirates’ 777 order underscores Airbus’ outlook for large freighters

The cargo branch of Dubai-based Emirates, the world’s fourth-largest airline by freight traffic, committed Tuesday to purchase an additional five 777 freighters from Boeing for $1 billion, adding needed supply of widebody freighters as demand for air shipping grows.

The announcement comes a day after Airbus upgraded by 3.3% its demand forecast for widebody freighters through 2043 but trimmed its overall outlook for freighter aircraft.  

The Emirates order builds on one in 2022 for five 777 cargo...

https://www.freightwaves.com/news/emirates-777-order-underscores-airbus-outlook-for-large-freighters

Uzbek airline My Freighter adds 2 more Boeing 767s

My Freighter, a startup cargo airline based in Tashkent, Uzbekistan, has signed long-term leases with Air Transport Services Group for two additional Boeing 767-300 converted freighter aircraft, the U.S. leasing and aviation services company announced on Tuesday.

The deal increases the size of My Freighter’s fleet to five aircraft, all of them medium widebody freighters supplied by Air Transport Services Group (NASDAQ: ATSG) via its Irish leasing subsidiary. The airline received its first 767...

https://www.freightwaves.com/news/uzbek-airline-my-freighter-adds-2-more-boeing-767s

FedEx retires one-fifth of Boeing 757 freighter fleet

FedEx Corp. has permanently retired 22 Boeing 757-200 freighter aircraft as part of a downsizing campaign to better align the air fleet with slower parcel demand, the company announced Tuesday along with fourth-quarter earnings that exceeded analysts’ expectations.

The integrated logistics company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. Last year’s fourth-quarter results included a $70 million write-off for the...

https://www.freightwaves.com/news/fedex-retires-one-fifth-of-boeing-757-freighter-fleet

Hong Kong investigates Atlas Air emergency landing, 8-hour runway closure

Hong Kong authorities are investigating a landing gear failure on an Atlas Air freighter aircraft and why the emergency landing resulted in an eight-hour closure of one runway, delaying 450 flights.

The unmarked cargo jet is owned by Nippon Cargo Airlines and supplied to Atlas Air, which provides the crew, maintenance and insurance, according to an aviation database.

Local officials are questioning why it took so long to clear the disabled cargo jet from the runway and urging the airport to...

https://www.freightwaves.com/news/hong-kong-investigates-atlas-air-emergency-landing-8-hour-runway-closure

Maersk launches Chicago Rockford-China air cargo service

The cargo airline owned by shipping titan Maersk is pausing freighter service between one Chinese city and South Carolina so the aircraft can be reallocated to launch scheduled service between another city in China and its hub near Chicago, as customer demand shifts, FreightWaves has learned.

The company temporarily suspended flights from Shenyang, China, to Greenville-Spartanburg International Airport (GSP), via Seoul, South Korea, on June 1 and will deploy the dedicated Boeing 767-300...

https://www.freightwaves.com/news/maersk-to-launch-chicago-rockford-china-air-cargo-service

Amazon exiting cargo partnership with Atlas Air

Atlas Air will stop flying freighter aircraft for Amazon in the online retailer’s parcel network over the next year, and 25 aircraft controlled by Amazon will gradually be relocated to other operators, according to company pilots who posted about the changes in chat rooms and one who spoke with FreightWaves.

The decision to discontinue flight operations appears to have been initiated by Amazon (NASDAQ: AMZN). Where the Amazon-branded planes will end up is unknown, although it is now clear a...

https://www.freightwaves.com/news/amazon-exiting-cargo-partnership-with-atlas-air

FedEx poised to adjust air network in efficiency drive

FedEx will accelerate its transformation toward a leaner enterprise in the second half of the year when it ramps up segmentation of its air assets and sheds daytime flying capacity tied to an expiring U.S. Postal Service contract, said Chief Financial Officer John Dietrich at a recent Bank of America conference.

Efficiencies gained by those restructuring efforts are positioning the integrated parcel and logistics giant for growth when the freight market eventually improves, Dietrich explained....

https://www.freightwaves.com/news/fedex-poised-to-adjust-air-network-in-efficiency-drive

DHL launches virtual cargo airline for supply chain customers in Brazil

The contract logistics arm of DHL Group has partnered with a startup cargo airline in Brazil to launch a private air transport service as a more reliable alternative to commercial passenger airlines and trucking for domestic distribution of high-value goods in sectors such as automotive and health care.

The venture with Levu Air Cargo is noteworthy because the freighter service involves DHL Supply Chain and not DHL Express, which has long outsourced freighter operations for its express parcel...

https://www.freightwaves.com/news/dhl-launches-virtual-cargo-airline-for-supply-chain-customers-in-brazil

Maersk airline prepares to deploy first 777 freighters for peak season

Maersk continues to move ahead with plans to grow its air cargo business in 2024 even as many competitors pull back in the wake of a painful downturn, culminating with a milestone next quarter when Boeing expects to deliver the first two 777s for the airline operation. 

The developments underscore the strategic shift in recent years of Danish shipping power A.P. Moller-Maersk (CSE: MAERSK) into an integrated logistics provider that can provide customers a full menu of supply chain and freight...

https://www.freightwaves.com/news/maersk-airline-prepares-to-deploy-first-777-freighters-for-peak-season

Boeing quality issue delays Alaska Airlines’ converted freighters

Unspecified problems with two used aircraft that recently were converted by Boeing to carry cargo have forced Alaska Airlines to open a new freighter service to Los Angeles with smaller Boeing 737-700s from its existing fleet. 

The service is designed to streamline Alaska’s supply chain since many of the groceries, household goods and medicine shipped into the state come from Southern California. It is the first time Alaska Airlines’ freighters have flown beyond Alaska and Seattle.

Alaska Air...

https://www.freightwaves.com/news/boeing-quality-issue-delays-alaska-airlines-converted-freighters

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