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A Vietnam Airlines ATR-72 arrives in Phnom Phenh (Photo: M Radzi Desa GDFL 1.2)

Vietnam Airlines Looks to Expand with Cargo Fleet, Retires ATR-42s

In its annual shareholder meeting on Wednesday, Vietnam Airlines revealed its plans to sell and retire its sub-fleet of ATR-42 aircraft, in addition to its ambitions on establishing a cargo carrier.  The flag carrier of Vietnam announced its plans to establish a cargo carrier amid a recent surge of Covid-19 cases in the country, according to a report from VnExpress. The proposal was in the cards for years, waiting for the right moment to launch the cargo airline, per Vietnam…

Two Brazilian Cargo Airlines to Add New Aircraft Types

Although the economic and mobility effects of the COVID-19 pandemic were felt especially in Brazil, one of the worst-hit countries in the world, the air cargo segment is one that leaves the illness stronger than before in the country. In this regard, two airlines that already operate freighter aircraft are…

DHL Expanding Asia-Pacific Network

In response to predicted exponential growth in shipment volume, DHL Express has increased its flight network between the Asia-Pacific, the U.S and Europe, adding flights with Kalitta Air and AeroLogic to accommodate more demand. DHL added a couple of new Boeing 777F aircraft to its fleet with the purchase coming…

LATAM Open to Exclusive E-Commerce Cargo Partnership

A year on, in countries that are still struggling to contain the spread of the illness, the effects of the COVID-19 pandemic continue haunting the airline industry and damaging its results by shattering passenger demand. This way, companies keep trying to seek solutions, especially in the cargo sector, where demand…

Icelandair Integrates Domestic and International Airline Operations

Icelandair Group has announced the integration of its domestic airline Air Iceland Connect into the Icelandair brand from Tuesday 16 March.  The single brand entity “will create a stronger and more streamlined airline with more options and improved customer service” said the chief executive officer of Icelandair Bogi Nils Bogason.…

LATAM Announces Boeing 767-300ER Conversion into Freighters

LATAM Airlines Group announced a new cargo fleet growth plan for the next three years that includes the conversion of up to eight Boeing 767-300ER aircraft from passenger to cargo configurations, conversions that will increase the group's combined cargo capacity by almost 80%. With this plan, the carrier is seeking…

Air Belgium Plans Cargo Hub in Liège

Belgian airline Air Belgium will be starting cargo operations in 2021 from Liège Airport.  In a press release issued on Saturday, the airline announced intentions to acquire four cargo aircraft and have six cargo aircraft by the end of 2021. Air Belgium, a scheduled and charter carrier, will receive their…

DHL Express Purchases Eight Triple Seven Freighters

Earlier this week, DHL Express and Boeing announced the German shipping giant’s purchase of eight 777F aircraft. The announcement of the purchase follows an order for 14 Boeing 777F cargo jets that was made by DHL back in 2018. Ten of those 14 aircraft have already been delivered to DHL.…

Cargojet Announces New Equity Offering to Finance Aircraft Purchases

In a press release on Tuesday, Cargojet announced a $275 million equity offering aimed at growing the airline's cargo operations.  A syndicate of underwriters has agreed to purchase 1,642,000 common voting and/or variable voting shares for C$213.25 per share. With the new offering, along with the over-allotment option provided by…

Qatar Airways Welcomes Trio of 777 Freighters

The travel demand slump in the airline industry is continuing into the new year as a result of the COVID-19 crisis. While airlines observe a slight rise due to the holiday season, the gains are small, marginal and temporary. Air travel demand levels are not expected to return to pre-COVID-19…