Maintenance, repair and overhaul news from around the world
DRONAMICS, which develops and operates large cargo drones, has appointed Roger Morris as Chief Product Officer (CPO), a new senior management team position, responsible for all customer and product activities across the business. Morris previously filled a variety of...
Aeronautical Engineers, Inc. (AEI) has successfully redelivered CargoAir’s first B737-800SF freighter. This aircraft (MSN 30664) also represents the first AEI B737-800SF freighter conversion to be operated in Europe. AEI received EASA approval for the B737-800SF on...
Volga-Dnepr Airlines, which transports outsize and super-heavy air freight, has operated three charter flights to India from China, Ireland and Germany carrying out an aid and relief mission to help the nation in its battle against severe COVID-19 resurgence. Over 200...
Aeronautical Engineers, Inc. (AEI) has announced that the European Union Aviation Safety Agency (EASA) has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. This is an important milestone for the company as AEI’s B737-800SF is...
IAG Cargo, the cargo arm of International Airlines Group (IAG), has reported revenues of €350 million from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same period last year. Overall yield for the quarter was also up 106% at constant...
IndiGo is reported to be in the process of sourcing four A321ceo aircraft to convert to freighter aircraft to boost its burgeoning cargo business. Media reports suggest that the airline has signed a Letter of Intent with a lessor for two of the aircraft and is close...
Cargojet has reported total revenues for the quarter of $160.3 million compared to first quarter 2020 Revenues of $123.0 million. Gross Margin for the quarter was $45.3 million compared to first quarter 2020 Gross Margin of $32.2 million. Adjusted EBITDA and Adjusted...
Atlas Air Worldwide has announced first-quarter 2021 net income of $89.9 million, or $3.05 per diluted share, compared with $23.4 million, or $0.90 per diluted share, in the first quarter of 2020. On an adjusted basis, EBITDA rose to $181.3 million in the first...
International Air Transport Association (IATA) March 2021 data for global air cargo markets shows that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded since the series began in...
Samskip has established a dedicated air freight business, adding significant new options to a service portfolio that already includes rail, road, shortsea and inland waterway links throughout Europe and global cargo logistics solutions. On May 1, 2021 Samskip Air...
Cargolux has announced record 2020 results: a net profit after tax of $768.7m – nearly four times its highest previous record of $211m, in 2018. The Luxembourg carrier’s revenues were $3.17bn, while its EBIT margin was 31.3%. “Cargolux is proud of the fact that the...
Boeing and Silk Way West Airlines have announced that the private cargo operator will expand its international network with an order for five 777 Freighters. The deal marks the first purchase of the long-range, high capacity twin-engine freighter in the Caspian region...