ATSG had $60.3m net income in 2023 (vs $198.6m in 2022) on 1.2% higher revenues as it saw lower demand in its leasing segment and reduced airline demand in 4Q23. CARGO AIRCRAFT MANAGEMENT ended year with 90 freighters out on lease (vs 91 a year ago) with another 14 767s, six A321s and three A330s in or awaiting conversion.
The Mexican ULCC believes inspections of GTF engines will extend into 2026 despite the powerplant’s manufacturer Pratt & Whitney increasing shop capacity.
A traffic collision avoidance system alert was triggered Feb. 24 by lack of separation between an Ethiopian Airlines Airbus A350 and a Qatar Airways Boeing 787.
Kagoshima Airport (KOJ) in Japan is assessing the potential impact on its cargo operations as a second TSMC semiconductor plant is expected to be built in neighboring Kumamoto.
Association of Asia Pacific Airlines (AAPA) director general Subhas Menon has called for governments to implement the necessary support initiatives for sustainable aviation fuel (SAF) supply to help meet the needs of the aviation industry.
Malaysia Aviation Group (MAG) managing director Izham bin Ismail has hinted at “handsome results” for fiscal 2023, representing a turnaround coming out of the pandemic.
Etihad Cargo has signed a strategic partnership agreement with Worldwide Flight Services (WFS) for cargo handling services at 12 major international airports.