Category Archives: Nordic Global Airlines-NGA

Nordic Global Airlines to shut down on May 31

Finnair logo

Finnair (Helsinki) has issued this statement about the future of partially-owned Nordic Global Airlines-NGA (Helsinki):

Nordic Global Airlines-NGA logo

The Board of Directors of Finnair’s associated company Nordic Global Airlines Ltd (NGA) has decided to discontinue NGA’s operations by May 31, 2015. The termination of the operations has no material impact on Finnair’s cargo business, or Finnair’s financial position. NGA, focused on cargo freighter operations, was founded in 2011. Since then NGA grew to fly main-deck cargo in four continents with its low-cost and thin-organization model, but with overcapacity in the sector and depressed freight pricing, the cargo airline’s decision to cease operations was unavoidable.

Finnair Cargo Oy owns 40 percent of the company, and other shareholders are Neff Capital Management LLC, Daken Capital Partners LLC and the Mutual Pension Insurance Company Ilmarinen. Between 2011 and 2014, Finnair leased freighter capacity from NGA for its mainly Asian cargo traffic. Finnair’s belly cargo capacity will increase significantly in the coming years, when new A350 aircraft join Finnair’s fleet. Finnair has decided to focus in future on cargo carried in the cargo holds of passenger aircraft and discontinued separate cargo freighter operations at the end of 2014.

NGA was operating four McDonnell Douglas MD-11F freighters.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Despite the elaborate NGA logo, the NGA aircraft usually operated with only small titles and non-descript white fuselages. McDonnell Douglas MD-11 (F) OH-LGD (msn 48513) arrives at Las Palmas in the Canary islands.

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Finnair to get out of the dedicated freighter business

Nordic Global MD-11F OH-LGC (white)(Grd) HEL (MF)(LRW)

Finnair (Helsinki) is getting out of the dedicated freighter business by the end of this month according to ch-aviation. The Finnish carrier will depend on belly cargo in the future using its own passenger aircraft. Currently its dedicated freighter operation is provided by partial owned (40%) Nordic Global Airlines (NGA) which operates four McDonnell Douglas MD-11F freighters mainly for Finnair. It is unclear if NGA will continue to operate its ACMI operations after Finnair stops all dedicated freighter operations.

NGA-Nordic Global Airlines logo

Nordic Global describes its operations:

Nordic Global Airlines Ltd (NGA) is a Finnish all cargo carrier based in Helsinki-Vantaa Airport, Finland. NGA focuses on ACMI and Cargo Charters worldwide and operates under EASA AOC.

NGA has a highly dedicated and experienced team to manage the operations. As a young and dynamic company we are able to deliver the right ACMI and Charter services to our customers.

At the beginning of 2014 NGA operates a fleet of four MD-11F freighters for long-term ACMI customers and on ad-hoc charter basis.

Since the commencement of the commercial operations in August 2011 NGA has performed more than 2,000 flights to our customers satisfaction.

Route Map for NGA:

Web

Copyright Photo: Marco Finelli. Former Finnair McDonnell Douglas MD-11 (F) OH-LGC (msn 48512) wears only small Nordic Global Airlines titles at its Helsinki base.

Western Global Airlines receives its Part 121 AOC, will start cargo operations with two MD-11Fs

WGA logo

Western Global Airlines-WGA (Sarasota/Bradenton) according to ch-aviation, will begin cargo operations with a fleet of two McDonnell Douglas MD-11 freighters (N415JN, msn 48415 and N435KD, msn 48435). Both freighters will be leased from Neff Air. The company has issued this statement:

Western Global Airlines LLC (WGA), a low cost, high quality all-cargo carrier, announced on August 4 that it received final FAA certification and has been issued a Part 121 Air Operator Certificate. In addition, WGA has been certified by the U.S. DOT to be fit, willing, and able to engage in interstate and foreign air transportation of property and mail. WGA plans to commence operations immediately.

Founder and CEO, Jim Neff, said, “We are very pleased by these approvals. As the first newly certified U.S. based wide-body air cargo operator in almost a decade, WGA is poised to offer the global marketplace a new large-scale, customer-oriented platform, focused on low cost, flexible service and high reliability. We also expect to benefit from the relative shortage of wide-body cargo carriers in the market today.” In addition to being WGA’s CEO, Mr. Neff also serves as CEO and Chairman of Helsinki based Nordic Global Airlines, Ltd. (NGA) and has had an unparalleled career in air cargo and aviation dating back to Flying Tiger Line, Continental Airlines, Emery Worldwide and Burlington Air Express. He was the founder and CEO of Southern Air Inc. from 1999 until 2010.

Mr. Neff added, “For me, this is the culmination of a lifelong dream. Having created and built the air systems for many of the leading U.S. based cargo operators over the past 30 plus years, I believe that the current global economic reality calls for freighter services to be both lower cost and more responsive to customers. This is the driving force and the vision behind WGA.”

WGA’s management team was hand-picked by Mr. Neff from among the industry’s most knowledgeable and experienced innovators. The company will begin operations with a fleet of MD-11Fs leased from Neff Air LLC, an affiliated leasing company which owns ten GE powered MD-11Fs and two GE powered 747-400BCFs directly without debt. WGA’s business plan is based on enabling its customers to profitably grow their air cargo business by seamlessly outsourcing all or part of their freighter operation to WGA. WGA’s sister company, NGA, has been providing low cost, flexible, and reliable service to the European market for the past three years with a fleet of four MD-11Fs leased from Neff Air. Going forward, the company expects to develop the WGA/NGA platforms jointly to achieve marketing and operational synergies to maximize service responsiveness, flexibility, and operating efficiencies.

 

Finnair Cargo to open a new Brussels base with new routes to New York JFK and Chicago O’Hare

Finnair (Helsinki) is expanding its cargo network. Finnair is opening a new Brussels base with routes radiating back to Helsinki as well as to New York (JFK) and Chicago (O’Hare) starting in March. UBM Aviation Routes Limited has issued this statement:

Finnair Cargo has successfully used Route Exchange, the online platform for air service development, to open a new Brussels base. In March 2013 Finnair Cargo will initiate weekly flights via its new Brussels hub, connecting the Belgian capital with Finnair’s Helsinki hub as well as New York JFK and new destination Chicago O’Hare. The network expansion follows a partnership during the latter months of 2012 with Routes’ Route Exchange business, part of Routesonline, where Finnair Cargo completed an extensive airport evaluation process to open the new Continental European destination.

This partnership has led directly to the placing of the carrier’s McDonnell Douglas MD-11F aircraft at Brussels Airport.

Read the full statement: CLICK HERE

Copyright Photo: Ton Jochems. The venerable McDonnell Douglas MD-11 freighter will continue to serve the company. The pictured MD-11 OH-LGC (msn 48512) was converted to a freighter for Finnair Cargo but was transferred to Nordic Global Airlines in September 2011. OH-LGC now longer wears these pictured markings. Nordic Global is partially owned by the Finnair Group and operates four MD-11Fs for Finnair Cargo and is likely to operate from the new Brussels base.

Finnair: AG Slide Show

 

Nordic Global Airlines is born in Finland

Nordic Global Airlines (Helsinki) is a new cargo airline in Finland. U.S.-based Neff Capital Management LLC has announced the launching of Nordic Global Airlines, Ltd. (NGA). NGA, which is expected to commence operations later this year, will begin service with McDonnell Douglas MD-11 freighters. Tentative routings include Helsinki/Asia and Helsinki/North America.

The company’s offices will be located at Helsinki-Vantaa Airport. Finnair Cargo, a subsidiary of the Finnish national carrier, and Ilmarinen Mutual Pension Insurance Company are minority investors in the company.

Neff Capital Management is a Miami-based private equity firm focusing on control investments within the aviation industry. The firm was founded in January 2010 by Brian Neff, the former President of Southern Air Inc. In August 2010, the company acquired Complete Turbine Services, LLC, a leading independent engine MRO.