Aircraft

Air France-KLM to merge cargo figures with overall financial results

Air France-KLM to merge cargo figures with overall financial results

February 27, 2017 at 6:58 pm 0 comments

Following years of heavy airfreight losses, Air France-KLM’s cargo sector results will be reported within its overall financial reporting. The accounting decision will take the struggling cargo arm out of the public eye. “It has been decided to change the cargo reporting as per fiscal year 2017 based on contributionRead More

Volume up, dollars down as IAG faces ‘challenging market conditions’

Volume up, dollars down as IAG faces ‘challenging market conditions’

February 24, 2017 at 6:45 pm 0 comments

IAG Cargo’s 2016 full-year results out today show commercial revenue down 6.6 percent to €1.022 billion. “These are resilient results in the face of challenging market conditions,” said Drew Crawley, CEO at IAG Cargo. “Growing supply from freighter and new-generation passenger fleets have continued to outstrip flat demand for generalRead More

Have love, will travel: Bye-bye to Bao Bao [VIDEO]

Have love, will travel: Bye-bye to Bao Bao [VIDEO]

February 24, 2017 at 6:35 pm 0 comments

Amid sad protests from children around America’s capital city region, a giant panda that had been on loan from China for three years at the Smithsonian Institution’s National Zoo in Washington, D.C., boarded a FedEx freighter flight to China earlier this week, leaving the U.S. to join a breeding program.Read More

A strong quarter ends Atlas’ ‘historic year’

A strong quarter ends Atlas’ ‘historic year’

February 23, 2017 at 6:59 pm 0 comments

On the strength of a stellar fourth quarter and a boost from the e-commerce traffic obtained in last year’s freighter deal with Amazon, Atlas Air Worldwide Holdings (AAWW) reported that 2016 was a historic year for the U.S.-based carrier. As David Harris notes in Cargo Facts, Air Cargo World‘s sisterRead More

Natilus Offers First Look at Freight Drone Prototype

Natilus Offers First Look at Freight Drone Prototype

February 21, 2017 at 8:36 pm 0 comments

Natilus is launching its first drone, by the second quarter, and ACW sister-publication Mobility Buzz has obtained the first look at the prototype, which the startup hope to transform into a full-sized freight drone that has the potential to profoundly change freight flows and cargo movement. The San Jose, Calif.-based company hasRead More

UPS, Workhorse Group make successful autonomous drone test

UPS, Workhorse Group make successful autonomous drone test

February 21, 2017 at 6:42 pm 0 comments

UPS has successfully tested a drone that launches from the top of one of its brown vans, autonomously delivers packages and then returns to the vehicle while the van moves on to the next delivery. The drone delivery took place this Monday in Lithia, Florida. The test was conducted inRead More

Lockheed rolls out first LM-100J Super Hercules commercial freighter [VIDEO]

Lockheed rolls out first LM-100J Super Hercules commercial freighter [VIDEO]

February 20, 2017 at 6:46 pm 0 comments

After a three-year wait, the LM-100J has finally arrived on the commercial market. Last week, Lockheed Martin rolled out the first of these propeller-driven, modified military aircraft, known as  “Super Hercules Commercial Freighters.” Lockheed expects the freighter’s first flight to happen this spring. Lockheed Martin, which has decades of successRead More

National carriers balk at proposed increase in Alaska jet fuel tax

National carriers balk at proposed increase in Alaska jet fuel tax

February 17, 2017 at 6:50 pm 0 comments

After cruising for decades on high oil prices, the state of Alaska is scrambling to make up budget shortfalls by introducing a bill that would triple the state tax on jet fuel, sparking predictable dismay from several U.S.-based carriers that use Anchorage as a major trans-shipment hub on long-haul routes.Read More