Vietnam Airlines is moving beyond passenger business to fly cargo jets for the first time, with the help of a U.S. air services company.
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
DHL is renewing every aircraft lease it can because air cargo demand is robust.
The continued expansion of mobile and social purchasing is helping sustain the market growth in e-commerce, which should continue to drive the demand for freighters.
Organic growth also has been key to the growth and continued success of LGSTX Services.
Airborne performs direct maintenance for both passenger and cargo airlines, including Frontier, United Airlines, and ATSG’s sister airlines ATI, ABX Air and Omni.
ATSG is hitting on all cylinders with its aircraft leasing and cargo airline units, as third quarter results demonstrate.
Amazon Air’s top airfreight supplier is diversifying its vendor base for reconstructing passenger planes into cargo jets.
“We are looking forward to making some major announcements about new customers that will utilize our Airbus converted freighter capacity.”
