Fuel surcharges shift cargo to rail, trucks. Fuel surcharges and increased security have slowed cargo growth for airlines. Shippers are now searching for less expensive options, such as railroads and trucks. Apr 11, 2006
Atlas Air, Polar Air Cargo
Atlas Air stable, profitable in first full year after bankruptcy. Atlas Air and Polar Air Cargo parent Atlas Air Worldwide Holdings, in its first full fiscal year since exiting bankruptcy protection, reported a 2005 profit of $73.9 million on revenue of $1.62 billion, a performance that left the company confident as it pursues a listing of its common stock on a national exchange. Apr 14, 2006
Cygnus Air, Precision Conversions
Precision Conversions signed a deal with Cygnus Air of Spain for one 757-200 freighter conversion plus one option. The aircraft will enter the conversion process in July. Cygnus provides cargo services to Iberia with three DC-8s. Precision also will convert two 757s to freighters under an agreement with Babcock & Brown Aircraft Management. The contract calls for "multiple options" on future 757-200 conversions, Precision said. Operators for the aircraft were not disclosed. Apr 20, 2006
Emirates SkyCargo launched new scheduled freighter services to Zurich, Rome and Vienna last week using A310-300Fs. Services to Zurich will run twice a week on Thursdays and Sundays, flights to Rome will operate on Wednesdays and Fridays and services to Vienna will operate on Saturdays. Apr 10, 2006
Ethiopian Cargo, Precision Conversions
Precision Conversions will provide a 757PCF conversion to Ethiopian Cargo. The aircraft currently is being operated in passenger configuration by Ethiopian...