Alibaba-backed Shanghai YTO Express (Logistics) Co, China's third largest express-delivery company is planning to introduce at least three widebody freighters to its fleet in 2018 as it seeks to expand its international delivery operations, its chairman said on Monday, according to a China Daily report. YTO Express chairman,Yu Weijiao said the freighters will support the company's overseas parcel delivery service, cross-border e-commerce business and temperature-controlled supply-chain … [Read more...] about YTO Express looks to widebody freighters for int’l expansion
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ST Aero injects capital into Guangzhou JV for expansion
Singapore Technologies Aerospace Ltd (ST Aero) has injected its pro rata share of US$24.5 million as additional capital into its Guangzhou-based airframe maintenance, repair and overhaul joint venture company, ST Aerospace (Guangzhou) Aviation Services Company Limited. This additional funding will support the joint venture’s expansion and business growth, ST Aero said. Operating out of the Guangzhou Baiyun International Airport since March 2014, ST Aero (Guangzhou) is a 49:51 joint venture … [Read more...] about ST Aero injects capital into Guangzhou JV for expansion
IATA pessimistic on cargo growth this year
The International Air Transport Association (IATA) has released a pessimistic view on air cargo growth saying, “it is shaping up to be another tough year for air cargo” pointing to the latest 2.0 per cent drop in volumes against a 6.9 per cent rise in capacity. Asia-Pacific carrier, in particular, saw a 5.2 per cent decline in demand in March compared with a year ago. The latest IATA data for global air freight markets for March 2016 showing a 2.0 per cent drop in volumes measured in freight … [Read more...] about IATA pessimistic on cargo growth this year
AEI wins order for two B737-400SF conversions
Aeronautical Engineers, Inc. (AEI) has announced the signing of a contract with Automatic to provide the company with two 11 pallet position B737-400SF freighter conversions. The two aircraft, both built in 1993 are standard gross weight aircraft and will be modified by Commercial Jet’s Miami,FL facility. The freighters will be re-delivered to Automatic in September 2016 and January 2017, respectively. The AEI B737-400SF is the only passenger to freighter conversion product that offers … [Read more...] about AEI wins order for two B737-400SF conversions
AEI wins four B737-400SF conversions from VALLAIR
Aeronautical Engineers, Inc. (AEI) has signed a contract with European-based aviation asset management company, Vallair, to provide it with four 11 pallet position B737-400SF freighter conversions. All of the conversions will be modified by Commercial Jet’s Dothan, Alabama facility with the first one commencing in May 2016, followed by the remaining three modifications in June, July and September of this year. The AEI B737-400SF is the only passenger to freighter conversion product that … [Read more...] about AEI wins four B737-400SF conversions from VALLAIR
Precision bags eight new B757-200 conversion orders from China
Precision Aircraft Solutions has received a total of eight new orders for B757-200PCF passenger-to-freighter conversions—two from new airline, China Air Cargo Corp and eight from China Postal Airlines, based in Beijing. “We believe the Precision freighter and our full-service engineering team add tremendous value to any fleet,” said Precision president Gary Warner. “So to have been selected by a well-established carrier and an all-new airline for multiple aircraft is an honor.” Precision … [Read more...] about Precision bags eight new B757-200 conversion orders from China
