Cainiao Network is adding more capacity between China and the Americas with a Boeing 747-8F aircraft under a new long-term agreement with aircraft lessor and fleet operator Atlas Air. The new aircraft, which is among the last 747s ever to be produced by Boeing, will enter service for Cainiao in the second quarter of 2022 and add more air freight capacity from China to Brazil Chile and the US. Operating the world’s largest fleet of 747s, Atlas Air ordered the last 747 production aircraft to … [Read more...] about Cainiao adds capacity to the Americas with B747-8F
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US-based lessor ATSG nabs contract extension with DHL
Air Transport Services Group is extending its partnership with DHL Network Operations (USA) for its existing CMI agreement through ATSG subsidiaries Cargo Aircraft Management (CAM) and ABX Air. Part of the agreement include a six-year extension (until April 2028) of dry leases for five B767 freighters with CAM, and the crew, maintenance and insurance agreement (CMI) with ABX Air. Also read: Amazon takes stake in aircraft lessor ATSG for US$131m The CMI agreement will include two more … [Read more...] about US-based lessor ATSG nabs contract extension with DHL
e-commerce boom drives cargo players to up their game
Across industries, e-commerce has emerged as one of the key drivers for air cargo and logistics, and managing peak season demand has become an important conversation, particularly in Asia Pacific where most of the production is based. Over the last year we’ve seen airlines and logistics players, and even big shipping lines, make the necessary investments to tap this ever-growing market, whether it’s buying more aircraft or acquiring fulfillment and distribution centres. e-commerce the … [Read more...] about e-commerce boom drives cargo players to up their game
Polar Air Cargo, WFS extend partnership with LAX contract
Worldwide Flight Services (WFS) and Polar Air Cargo have expanded their partnership in North America with a new long-term contract at Los Angeles International Airport (LAX). WFS will handle more than five million kilos of cargo each month carried by Polar’s all-Boeing freighter fleet ex-LAX. This includes scheduled and ad-hoc freighter service from Los Angeles. Polar, a joint venture of Atlas Air and DHL Express, has significantly grown its footprint at LAX after expanding with a second … [Read more...] about Polar Air Cargo, WFS extend partnership with LAX contract
Atlas Air goes straight to Boeing for four 777Fs
Atlas Air for the first time has ordered direct from Boeing for four new 777 freighters, with delivery of the first aircraft in November. The aircraft lessor said the move comes amidst strong customer demand for dedicated long-haul wide-body airfreight capacity, particularly in the fast-growing e-commerce andrxpress markets. The first of four new 777-200LRFs is expected to be delivered in November 2022 with the other three scheduled for delivery throughout 2023. This … [Read more...] about Atlas Air goes straight to Boeing for four 777Fs
UPS orders 19 factory-fresh B767 freighters
UPS has ordered 19 B767 freighters from Boeing, with deliveries scheduled between 2023 and 2025, the aircraft manufacturer announced in a press release. The logistics integrator said the purchase aligns with its strategy and capital expenditure forecast shared in June, as well as its sustainability efforts, citing the cargo jet’s outstanding operational efficiency and payload capability. Based on the 767-300ER (extended range) passenger jet, the cargo version carries up to 52.4 tonnes of … [Read more...] about UPS orders 19 factory-fresh B767 freighters