India’s largest carrier, IndiGo announced it would add four A321P2F (passenger to freighter) aircraft to the fleet for cargo operations. The airline has signed a Letter of Intent with a lessor for two aircraft, with negotiations for two more expected to conclude...
LATAM Airlines Group posted a $4.54 billion net loss in 2020 due to the impact of the COVID-19 pandemic. Last year, LATAM was one of the three Latin American airlines to file for Chapter 11 bankruptcy in the US, to have “an opportunity to work with the group’s...
The mid-sized air cargo market has been dominated in recent years by the Boeing 767, whether factory-build freighters (still in production for FedEx) or converted freighters (for which Amazon Prime Air is a key growth customer). The 767-300ER has become the conversion...
News: With passenger traffic down during the current global pandemic, a lot of attention has turned to the freighter market. This is an area in which Boeing holds a massive advantage in market share vis-à-vis Airbus, with about 88% of the market. The freighter market,...
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