Levu Air Cargo this week obtained its AOC as it prepares to take delivery of a second A321 freighter on lease. The Brazilian National Civil Aviation Agency (ANAC) granted the AOC to Levu on Nov. 7, the startup told Cargo…
Cargo Facts recorded fifty-seven freighter aircraft transactions for the month of October, a year-over-year decrease of seventy-three. Freighter aircraft transactions (FATs) for the month dropped by twenty-five when compared with September. Narrowbody FATs fell by three month over month to…
Cargo Facts’ monthly Freighter Capacity Index grew 4.56% year over year in October to 132.5, and rose nearly 0.5% from September as lift capacity continues to trend upward. The Freighter Capacity Index utilizes multiple data sets to monitor monthly main-deck…
Boeing logged gross orders for seven 777Fs in October and delivered one 767-300F to FedEx. All seven 777F orders were attributed to an unidentified customer or customers, according to Boeing’s latest monthly orders and deliveries update, released today. Boeing’s backlog…
Total Linhas Aereas today lost one of the three 737-400Fs it added to its fleet this year when a fire erupted in the narrowbody freighter’s maindeck cargo compartment. The 1994-vintage 737-400SF (26299, ex-ASL Airlines Ireland) departed Vitoria, Brazil (VIX), yesterday…
Air Canada today reported CA$253 million ($181.7 million) in cargo revenue for the third quarter, an increase of 17.7% from Q3 2023. The year-over-year growth in cargo revenue shows market recovery after nearly two years of depressed demand and overcapacity.…
New York City-based investment firm Stonepeak has agreed to purchase ATSG, parent of the world’s largest freighter aircraft lessor, CAM, for about $3.1 billion. The two parties expect to close the transaction in the first half of 2025, they announced…
The U.S. Department of Energy gave a conditional commitment for a $1.46 billion loan to net-zero hydrocarbon fuels and chemicals producer Gevo. The funding will support Englewood, Colo.-based Gevo’s Net-Zero 1 project (NZ1) to build a sustainable aviation fuel (SAF) plant…
Widebody capacity, feedstock supply and conversion costs top the list of challenges in the freighter industry, as evidenced by discussions at the 30th annual Cargo Facts Symposium, which took place Oct. 14-16 in San Diego. As Cargo Facts predicted, most…
Boeing Co.’s shares rose after union leaders endorsed the latest offer to boost wages, spurring optimism that the company could finally be close to ending a lengthy strike that’s crippling its jetliner manufacturing. The planemaker’s fourth proposal for a four-year…