SEATTLE, Nov. 3, 2021 — Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of 767-300 converted freighters, has contracted with Boeing [NYSE: BA] for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF).
“Our continued confidence in the 767-300 platform, now coupled with the services and support of the OEM, reinforces our commitment to deliver best-in-class reliable services to our customers,” said Mike Berger, chief commercial officer of ATSG. “We’re proud to partner with Boeing as we expand our fleet to meet growing demand and look forward to future growth together.”
The 767-300BCF now has more than 100 orders and commitments from customers around the globe, providing widebody converted freighter capability to meet growing market demand, and building on a record year for customer orders of Boeing’s family of freighters.
“We are honored that ATSG has decided to make the 767-300BCF an integral part of their fleet expansion strategy, supporting customers looking to capitalize on strong e-commerce demand,” said Jens Steinhagen, director of Boeing Converted Freighters. “As the OEM, Boeing has the original design data, robust supply chains, and dependable delivery schedules that benefit BCF customers such as ATSG. With that OEM advantage, we stand ready to meet ATSG’s needs by bringing forward market-leading 767-300BCFs into its fleet.”
ATSG is a global leader in cargo leasing, operating a fleet of 106 Boeing aircraft, including more than ninety 767 converted freighters.
Boeing has more than 40 years of successful experience in passenger-to-freighter conversions, relying on original design data and a deep understanding of the needs of the air cargo industry to deliver a superior, integrated product, including fully integrated manuals and world-class technical support. Boeing Converted Freighters also come with the advantage of being associated with the industry’s largest portfolio of services, support and solutions. Learn more about the 767-300BCF and the entire Boeing freighter family here.
COPENHAGEN, Denmark, Nov. 2, 2021 /PRNewswire/ — Boeing [NYSE: BA] and A.P. Moller – Maersk (Maersk) today announced the global provider of end-to-end container logistics has placed an order for two 777 Freighters. The freighters will be operated by Star Air, Maersk’s in-house aircraft operator and is the company’s first 777 order. Star Air currently operates an all-Boeing 767 Freighter fleet.
The 777 Freighter is the world’s largest, longest range and most capable twin-engine freighter. The airplane offers 17 percent better fuel efficiency and reduced CO2 emissions compared to legacy airplanes. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum revenue payload of 102,000 kilograms, allowing Star Air to make fewer stops and reduce landing fees on long-haul routes.
The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered more than 300 777 Freighters since the program began in 2005. As the air cargo market continues to strengthen throughout the world, freight carriers turn to Boeing for its complete family of new and converted freighters. Boeing airplanes provide more than 90% of the worldwide dedicated freighter capacity.
Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs approximately 80,000 people.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.
CALGARY, Alberta & KANSAS CITY, Mo.–(BUSINESS WIRE)– Canadian Pacific Railway Limited (NYSE: CP) and Kansas City Southern (NYSE: KSU) have announced they have jointly filed a railroad control application with the Surface Transportation Board (“STB”) regarding the proposed transaction to create Canadian Pacific Kansas City (“CPKC”), the only single-line railroad linking the United States, Mexico and Canada.
The comprehensive control application provides an overview of the proposed operational integration of the CP and KCS rail networks, the impact of that consolidation on the companies’ finances and labour needs, and the anticipated competitive and other benefits that will flow from providing shippers with new and better transportation alternatives. Information in the filing outlines the public and customer benefits a CP-KCS combination would bring, including more efficient north-south trade arteries to support the interconnected supply chains of the United States, Mexico and Canada.
In addition to the central foundation of the transaction to invigorate transportation competition and support economic growth across North America, the CP-KCS combination will generate many other public benefits, including:
The creation of more than 1,000 direct new jobs system-wide, including approximately 760 in the United States, over the next three years brought about by expanded rail operations across the combined network.
Capital investments in new infrastructure of more than USD$275 million1 over the next three years to improve rail safety and capacity of the core north-south CPKC main line between Louisiana and the Upper Midwest.
Avoidance of more than 1.5 million tons of greenhouse gas (GHG) emissions within five years due to the improved efficiency of CPKC versus current operations.
Diverting 64,000 long-haul truck shipments to rail annually with new CPKC intermodal services, eliminating another 1.3 million tons of GHG emissions over the next two decades, saving $750 million in highway maintenance costs.
Rail customers will not experience a reduction in independent railroad choices as a result of the CP-KCS combination. The joint control application reiterates the applicants’ commitment to keep all existing freight rail gateways open on commercially reasonable terms, including the Laredo gateway between the United States and Mexico, and shows how customers will not lose competitive routings because no new regulatory “bottlenecks” are being created. It also describes how the combined company will compete aggressively to attract traffic to its network via new single-line lanes between Canada, the Upper Midwest and the Gulf Coast, Texas, and Mexico.
More than 960 stakeholders, including more than 440 shippers, 186 smaller railroads, dozens of public officials, eight major ports, railroad labor unions representing both CP and KCS employees and 289 rail industry suppliers have written letters to the STB supporting CP’s proposed combination with KCS.
CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately $31 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $300 per share, representing a 34 percent premium, based on the CP closing price on Aug. 9, 2021, the date prior to which CP submitted a revised offer to acquire KCS, and KCS’ unaffected closing price on March 19, 2021.2
The transaction is subject to approval by shareholders of each company along with satisfaction of customary closing conditions, including Mexican regulatory approvals. Shareholders are expected to vote on the transaction later this year.
CP’s ultimate acquisition of control of KCS’ U.S. railways is subject to the approval of the STB. In April 2021, the STB determined it would review the CP-KCS combination under the merger rules in existence prior to 2001 and the waiver granted to KCS in 2001 to exempt it from the 2001 merger rules. In August 2021, the STB reaffirmed that the pre-2001 rules would govern its review of the CP-KCS transaction. On Sept. 30, 2021, the STB confirmed that it has approved the use of a voting trust for the CP-KCS combination.
The STB review of CP’s proposed control of KCS is expected to be completed in the second half of 2022. Upon obtaining control approval, the two companies will be integrated fully over the ensuing three years, unlocking the benefits of the combination.
While remaining the smallest of six U.S. Class 1 railroads by revenue, the combined company would have a much larger and more competitive network, operating approximately 20,000 miles of rail, employing close to 20,000 people, and generating total revenues of approximately $8.7 billion based on 2020 actual revenues.
For more information about the benefits of the CP-KCS combination, visit futureforfreight.com
LOS ANGELES, CALIFORNIA, OCTOBER 27, 2021 – The Port of Long Beach (POLB), the Utah Inland Port Authority (UIPA), and Union Pacific Railroad (NYSE: UNP) announced today a bold initiative that brings rapid relief from existing port congestion by optimizing rail deliveries between California and Utah.
The initiative is the first implementation of an agreement between POLB and UIPA that focuses on reducing congestion and cost associated with cargo movement through the corridor by optimizing the existing on- and near-dock rail system of the Port of Long Beach to reduce dwell times and improve the speed and consistency of rail deliveries to and from Utah.
Millions of TEUs of international goods are imported to or exported from the Intermountain West annually, but only 10% of this cargo currently moves by rail. This initiative aims to provide consistent, reliable movement of cargo on rail that improves fluidity and reduces delays of shipments already set to come to the Intermountain region, rather than increase cargo volume.
Loading 100 intermodal rail cars equates to 300 trucks off the road. An analysis by the Association of American Railroads concluded railroads are, on average, four times more fuel efficient than trucks and moving freight by rail instead of truck lowers greenhouse gas emissions by 75 percent.
Improving visibility of cargo is also a key component to untangling the supply chain and improving capacity. UIPA has announced the Intelligent Crossroads Network (“ICN”), a private 5G and artificial intelligence network built in partnership with QuayChain Technologies that will allow cargo tracking, monitoring and planning, and even greater efficiencies for users throughout the corridor connecting Long Beach and Utah.
EVERETT, Washington, August 16, 2021 – The first Boeing [NYSE: BA] KC-46A tanker built for the Japan Air Self-Defense Force (JASDF) recently refueled another KC-46A aircraft in the skies over Washington state. The Japan-bound tanker also successfully received fuel in return.
Japan is the KC-46 program’s first non-U.S. customer and is scheduled to receive its first aircraft this year.
The Japan KC-46A is capable of refueling U.S. Air Force, U.S. Navy, U.S. Marine Corps and JASDF aircraft.
The U.S. Air Force awarded Boeing a contract for the JASDF’s first KC-46A tanker in December 2017. The agreement was completed through the Foreign Military Sale process between the U.S. government and Japan. A second Japan tanker is already in production.
Boeing is assembling the KC-46A aircraft for both the U.S. Air Force and Japan on its 767 production line in Everett, Washington. Boeing’s Japanese partners produce 16% of the KC-46A airframe structure.
Starting December 15, Aeromexico will offer nonstop service between Guadalajara and Madrid with three weekly flights. This route represents a 21% growth in its total monthly seat capacity between Mexico and Spain, and the possibility of serving more Aeromexico Cargo customers.
The route will be operated with its Boeing 787 Dreamliner aircraft, and customers will be able to travel nonstop from Guadalajara to Spain, making their travel experience more comfortable. This service is in addition to the 14 weekly flights that the airline operates from Mexico City to the Spanish capital, a route that has more than 60 years of operating. For the launch, Aeromexico will offer introductory fares starting at USD 599 in Economy Class and USD 1999 in Premier Class.
Aeromexico recently announced the acquisition of new state-of-the-art aircraft, whose deliveries began last June. With this, Mexico’s global airline will continue to increase its connectivity network, offering a cutting- edge service with the highest safety standards and modern, efficient, and less polluting aircraft.
Aeromexico Cargo can serve 41 airports in Mexico and multiple international destinations in the U.S., Canada, Central, and South America, Asia, and Europe.
Boeing [NYSE: BA] and BBAM Limited Partnership (BBAM) today announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM’s 737-800BCF orders and commitments to 31 as e-commerce and express cargo markets continue to drive strong customer demand for freighters.
BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA), a Costa Rica-based maintenance, repair and overhaul (MRO) provider. In May, Boeing announced it would open two conversion lines at COOPESA in 2022.
In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers.
BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades, and the only significant manager in sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals at its headquarters in San Francisco and offices around the world, located in New York, London, Tokyo, Singapore, Zurich, Dublin and Santiago. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com
WestJet today announced that it is launching a new dedicated cargo service, using 737-800 Boeing Converted Freights (BCF), as dedicated aircraft, to fulfill the larger-scale needs of Canadian businesses, freight forwarders, shippers and individual customers. The first of these dedicated 737-800BCFs are expected to be in service by the second quarter of 2022.
Throughout 2022, WestJet Cargo will grow its fleet of 737-800BCFs, to work in tandem with the current offering of WestJet’s existing Cargo business. The 737-800 narrow body aircraft is quick to load and fly, enabling WestJet Cargo to offer greater fuel efficiency, flexibility and frequency for its customers. WestJet Cargo routes and scheduled services will accommodate the diverse needs of cargo customers using WestJet’s existing network and highly skilled 737 pilots.
WestJet Cargo’s ability to ship on dedicated freighters or in the cargo hold on commercial routes provides cargo customers with increased reliability, flexibility and capacity to transport their diverse shipments to their chosen destination.
Seville, 25 May 2021 – Airbus has reached 100 deliveries of its A400M aircraft with MSN111, the tenth for the Spanish Air Force. The aircraft performed its ferry flight on 24th May from Seville to Zaragoza, where the Spanish A400M fleet is based. In the same week, the A400M global fleet also achieved the 100,000 flight-hours landmark performing missions worldwide for all eight customer nations.
All A400M operators have been able to operate the aircraft intensively for Covid-19 emergency response missions, as well as conduct joint, collaborative operations. These milestones clearly demonstrate the maturity of the A400M programme on all fronts.
New capabilities
Recently the A400M successfully conducted a major helicopter air-to-air refuelling certification flight test campaign in coordination with the DGA (French Directorate General of Armaments), completing the majority of its certification objectives, including the first simultaneous refueling of two helicopters.
The A400M is already able to drop up to 116 paratroopers, via simultaneous dispatch from the side doors with automatic parachute opening, or from the ramp with automatic parachute opening or in freefall, day and night. Recent tests were completed in Spain, in collaboration with the UK Royal Air Force parachute test team, to expand up to 25,000 feet (7,600 metres) for automatic parachute opening – and up to 38,000ft (11,582 metres) for free fall.
The A400M also completed additional tests to expand its air drop capability, including multiple platforms with parachute extraction (23 tonnes). France and Spain participated in these flights. Another way to deliver cargo on austere airstrips without handling equipment was also certified: Combat offload of up to 19 tonnes of pallets (one pass) or 25 tonnes (two passes) on paved or unpaved airstrips.
The A400M also achieved a new decisive milestone after the certification flights of its Automatic Low Level Flight capability for Instrumental Meteorological Conditions (IMC). Using navigation systems and terrain databases, without the need of a terrain-following radar, this is a first for a military transport aircraft. This makes the aircraft less detectable in hostile areas and less susceptible to threats while conducting operations in hostile environments.
In operation
In terms of collaborative missions, the Spanish Air Force supported the French Armée de l´Air in the transport of a Caracal helicopter from Cazaux (France) to Tucson (USA), using a Spanish A400M. The flight was used by CLAEX (Spanish Logistics Center for Armament and Experimentation) and CECTA (Air Transport Cargo Evaluation Cell) to validate the loading process on Spanish A400Ms.
Key military missions last year included the delivery of almost 40 tonnes of food, water, fuel and ammunition by a single French A400M to troops based in the Sahel region of Africa, the first A400M to airdrop supplies in a country outside of Europe.
In addition, Germany became the first A400M customer to use the A400M as a tanker in real missions providing support in the “Counter Daesh” operation in Jordan.
Life-saving medevac missions during COVID-19
2020 and 2021 also saw the use of the A400M in civil emergency response roles during the COVID-19 pandemic crisis, not least for civil medical evacuation (medevac) duties – with Airbus providing critical support for air force operators – as well as for transporting key medical relief supplies. The versatility of the aircraft also allowed a rapid conversion to medevac configuration, where installed critical care modules provided airborne intensive care units.
With the maturity, versatility and unique capabilities proven in operations all around the world, A400M is proving to be a game changer for military airlift and humanitarian missions in the 21st century.
Aeromexico Cargo inaugurated a direct route between the Wuhan-Tianhe International Airport and the Mexico City International Airport for exclusive cargo transportation. This was celebrated at an event held at Wuhan airport, in the presence of the Mexican Ambassador to the People’s Republic of China, airport authorities and airline business partners.
The route will be operated with Boeing 787-9 Dreamliner aircraft, which has a load capacity of more than 30 tons or 130 m3, depending on the type of cargo.
Wuhan is one of the fastest growing cities in China and has become a hub for air transport in the central region of the country. The growth of e-commerce, medical supplies and high-tech products shipping from this city to the rest of the world, has been exponential during the last year reaching more than a 500% increase. Due to its infrastructure, the Wuhan airport stood out in the first position among 22 other airports in China in the ranking of passenger transport in the country.
Since the beginning of the pandemic, Aeromexico Cargo has completed more than 235 exclusive cargo flights from China to Mexico and 16 other countries, transporting more than 4,000 tons of essential medical supplies. All these operations represented more than 8,000 hours of flight and 6 million kilometers traveled, which is equivalent to travel 170 times around the world.
Aeromexico Cargo can operate in more than 40 airports in Mexico and in multiple international destinations in the US, Canada, Central and South America, Asia and Europe. The most common cargo is perishable products, live animals, high-value goods, technology, medicines, and medical supplies, among others.
