Tag Archives: Boeing 747400F

Cargolux to launch cargo flights to Bamako, Mali

Cargolux Airlines International S.A. (Luxembourg) has announced the launch of a weekly service to Bamako, the capital of Mali, from December 5, 2013. The flights are operated with the airline’s Boeing 747 freighters which offer main deck capacity for the transport of airfreight supplies that support the local industries in the areas of natural resources, telecommunications, healthcare and pharmaceutical products, perishables and general appliances.

In 2010, Bamako Airport inaugurated a new cargo terminal with a yearly capacity of 10,000 tons and extended the runway to 3,180 meters, enabling the operation of large aircraft, such as Cargolux’s 747 freighters.

Flight CV 7124 is operated every Thursday on the routing Luxembourg – Bamako – Lagos – Libreville – Nairobi – Manston – Luxembourg. Departure in Luxembourg is scheduled for 16.30 GMT with arrival in Bamako at 21:40 GMT. With this service, Cargolux connects another African destination to its worldwide network and offers shippers fast and reliable airfreight solutions to a market with growing importance.

Cargolux’s African network now covers 13 destinations that show promising export potential with strong shipments for the oil and gas industry. Cargolux also offers direct services between the United States and Africa.

Previously the cargo carrier started weekly service to Buenos Aires via Campinas (Viracopas) near Sao Paulo on November 13.

Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 747-4R7F LX-VCV (msn 34235) approaches Johannesburg for landing.

Cargolux: AG Slide Show

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Atlas Air-operated Boeing 747 Dreamlifter lands at the wrong Wichita airport

Atlas Air (New York-JFK) operates the fleet of four Boeing 747 Dreamlifters under contract for Boeing, ferrying parts for Boeing between its various supply points.

Last night (November 20) a Drealifter operated by Atlas Air was inbound for McConnell Air Force Base in Wichita, Kansas. However the modified Jumbo landed instead at the nearby Colonel James Jabara Airport run by the city of Wichita according to this report by Reuters.

The pilots had taken off from New York’s John F. Kennedy International Airport but mistook the GA airport for the air force base.

The Colonel James Jabara Airport (ICAO: KAAO, FAA LID: AAO) has only one runway that is 6,101 feet long with an ATC control tower and is about 9 miles (14 km) from McConnell.

Atlas Air has reassured airport officials the runway is of sufficient length to permit a safe departure today.

Read the full report: CLICK HERE

Copyright Photo: Ken Petersen/AirlinersGallery.com. The specially-modified Boeing 747-409LCF DreamLifter N780BA (msn 24130) is pictured on the ramp at New York (JFK).

Atlas Air: AG Slide Show

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Centurion Cargo gets ready to add its first Boeing 747 freighter

Centurion Cargo (formerly Centurion Air Cargo) (Miami) is getting ready to take delivery of this former Cargolux International Boeing 747-400F freighter. The cargo airline currently operates McDonnell Douglas MD-11 freighters.

Copyright Photo: Kok Chwee (K.C.) Sim/AirlinersGallery.com. Pictured today at Singapore, this Boeing 747-4R7F still wears the LX-KCV (msn 25868) registration.

Centurion Cargo: AG Slide Show

Atlas Air Worldwide Holdings reports 2Q net income of $20.4 million

Atlas Air Worldwide Holdings, Inc. (Atlas Air) (New York-JFK) today announced second-quarter 2013 diluted earnings per share in line with expectations presented at the company’s investor-analyst day on May 30 and reaffirmed its full-year adjusted diluted earnings per share outlook of approximately $4.80.

For the three months ended June 30, 2013, adjusted net income attributable to common stockholders totaled $20.4 million, or $0.79 per diluted share, compared with $31.2 million, or $1.18 per diluted share, for the three months ended June 30, 2012.

On a reported basis, second-quarter 2013 net income attributable to common stockholders totaled $20.1 million, or $0.78 per diluted share, compared with $30.9 million, or $1.16 per diluted share, in the second quarter of 2012.

Free cash flow increased to $64.6 million in the second quarter of 2013 from $54.2 million in the second quarter of 2012.

Second-Quarter Results

Revenue, volume and profitability growth in our core ACMI business during the second quarter were driven by our new 747-8Fs, with five additional -8F aircraft in service compared with the second quarter of 2012, as well as the continued ramp up of CMI flying for Boeing and DHL Express.

Improved ACMI segment earnings during the period benefited from higher rates per block hour and lower maintenance expense for our 747-8Fs, partially offset by the redeployment of 747-400 aircraft to other business segments.

In AMC Charter, a reduction in cargo and passenger block hours, lower average cargo and passenger revenue per block hour, and a reduction in the number of one-way AMC missions led to a decline in segment contribution. Lower average passenger revenue per block hour during the period stemmed from a higher proportion of passenger flying on smaller-gauge 767 aircraft, which we added to supplement our wide-body 747-400 passenger service and enhance our share of military passenger business.

Segment results in Commercial Charter primarily related to a reduction in yields driven by soft second-quarter global charter-market conditions.

Results in the second quarter were also affected by a reduction in capitalized interest on 747-8F aircraft that entered service.

Income Taxes

Adjusted and reported earnings for the second quarter of 2013 included an effective income tax rate of 32.3%, reflecting the ongoing beneficial impact of lower taxes for certain foreign subsidiaries in our Dry Leasing business.

Half-Year Results

For the six months ended June 30, 2013, adjusted net income attributable to common stockholders totaled $26.3 million, or $1.01 per diluted share, compared with $44.9 million, or $1.69 per diluted share, for the six months ended June 30, 2012.

On a reported basis, first-half 2013 net income attributable to common stockholders totaled $40.1 million, or $1.54 per diluted share, compared with $43.7 million, or $1.65 per diluted share, in the first half of 2012.

Free cash flow in the first six months of 2013 increased to $107.0 million from $55.2 million in the first half of 2012.

Cash, Cash Equivalents and Short-Term Investments

At June 30, 2013, our cash, cash equivalents and short-term investments totaled $367.5 million, compared with $419.9 million at December 31, 2012.

The change in cash, cash equivalents and short-term investments reflected cash provided by operating and financing activities offset by cash used for investing activities.

Net cash used for investing activities in the first six months of 2013 primarily related to the purchase of two 747-8F aircraft as well as a 777-200LRF aircraft for our Dry Leasing business.

Net cash provided by financing activities primarily reflected proceeds from the issuance of debt in connection with the acquisitions of these aircraft. These proceeds were partially offset by payments on debt obligations and net payments under accelerated share repurchase (“ASR”) programs.

Share Repurchases

In mid-May, we entered into an ASR with a financial institution for the repurchase of our common stock for an aggregate purchase price of a minimum of $35.0 million up to a maximum of $44.0 million. As of June 30, 2013, we received delivery of an initial 615,791 shares pursuant to the program. This ASR is expected to conclude no later than mid-October.

Through the first six months of 2013, we repurchased a total of 1,519,092 shares, or 5.7%, of our outstanding common stock.

Future repurchases may be made at our discretion, and the actual timing, form and amount will depend on company and market conditions.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 747-47UF N408MC (msn 29261) taxies past the camera at Amsterdam.

Atlas Air: AG Slide Show

The GCAA of the United Arab Emirates issues its final accident report on the UPS Boeing 747-44AF N571UP on September 3, 2010 near Dubai

UPS Airlines‘ (UPS-United Parcel Service) (Atlanta and Louisville) Boeing 747-44AF N571UP (msn 35668) crashed shortly after takeoff from Dubai on September 3, 2010. The General Civil Aviation Authority (GCAA) of the United Arab Emirates (UAE) has issued its final accident report.

Accident Synopsis:

On September 3rd 2010, a Boeing 747-44AF departed Dubai International Airport [DXB] on a scheduled international cargo flight [SCAT-IC] to Cologne [CGN], Germany.

Twenty two minutes into the flight, at approximately 32,000 feet, the crew advised Bahrain Area East Air Traffic Control [BAE-C ] that there was an indication of an on-board fire on the Forward Main Deck and
declared an emergency.

Bahrain Air Traffic Control advised that Doha International Airport [DOH] was ‘at your ten o’clock and one hundred miles, is that close enough?’, the Captain elected to return to DXB, configured the aircraft for the return to Dubai and obtained clearance for the turn back and descent.

A cargo on the main cargo deck had ignited at some point after departure. Less than three minutes after the first warning to the crew,the fire resulted in severe damage to flight control systems and caused the upper deck and cockpit to fill with continuous smoke.

The crew then advised Bahrain East Area Control [BAE-C] that the cockpit was ‘full of smoke’ and that they ‘could not see the radios’, at around the same time the crew experienced pitch control anomalies during the turn back and descent to ten thousand feet.

The smoke did not abate during the emergency impairing the ability of the crew to safely operate the aircraft for the duration of the flight back to DXB.

On the descent to ten thousand feet the captains supplemental oxygen supply abruptly ceased to function without any audible or visual warning to the crew five minutes and thirty seconds after the first audible warning. This resulted in the Captain leaving his position. The Captain left his seat and did not return to his position for the duration of the flight due to incapacitation from toxic gases.

The First Officer[F.O], now the Pilot Flying [PF] could not view outside of the cockpit, the primary flight displays, or the audio control panel to retune to the UAE frequencies.

Due to the consistent and contiguous smoke in the cockpit all communication between the destination [DXB] and the crew was routed through relay aircraft in VHF range of the emergency aircraft and BAE-C. BAE-C then relayed the information to the Emirates Area Control Center (EACC) in the UAE via landline, who then contacted Dubai ATC via landline.

As the aircraft approached the aerodrome in Dubai, it stepped down in altitude, the aircraft approached DXB runway 12 left (RWY 12L), then overflew the northern perimeter of the airport at 4500 ft at around 340 kts . The PF could not view the Primary Flight Displays [PFD] or the view outside the cockpit.

The PF was advised Shajah International Airport [SHJ] was available at 10 nm. This required a left hand turn, the aircraft overflew DXB heading East, reduced speed, entering a shallow descending right-hand turn to the south of the airport before loss of control in flight and an uncontrolled descent into terrain, nine nautical miles south west of Dubai International Airport.

There were no survivors.

Read the full report including the causes: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. N571UP is pictured departing from Anchorage International Airport prior to the accident in Dubai.

Silk Way Airlines orders two Boeing 747-8 Freighters

Silk Way Airlines (Baku, Azerbaijan) and Boeing today announced an order for two Boeing 747-8 Freighters valued at $704 million at current list prices.

Silk Way Airlines currently operates Boeing 747-400 Freighters (see above) and 767-300 Freighters. It is considered as one of the leading cargo airlines in Central Asia providing full-fledged services to Europe and the United Kingdom and the Middle East, as well as the Far East including Korea, China and Hong Kong. In addition, it also serves international destinations through a network of alliances.

Copyright Photo: OSDU/AirlinersGallery.com. Boeing 747-4R7F 4K-800 (msn 29729) prepares to land at Moscow (Shereyetyevo).

Silk Way Airlines: AG Slide Show

Cargolux launches Atlanta-Munich cargo service via Luxembourg

Cargolux Airlines International (Luxembourg) on June 3 launched a new service between Atlanta and Munich via Luxembourg. The new weekly cargo route with be operated with Boeing 747-400F freighters.

The airline issued this statement:

Cargolux Airlines International S.A. on June 4 announced the introduction of a regular service between Atlanta and Munich via Luxembourg. Starting on June 3, 2013, at the eve of the Air Cargo Munich Exhibition and Conference, the latest addition to Cargolux’s expanding network of worldwide destinations will be served every Monday with a Boeing 747-400 Freighter.

The main import customer for the new Cargolux service is the German freight forwarder Senator International Spedition GmbH, a leading international freight forwarding company specialized in international freight, shipping, packaging and logistics. ‘Cargolux is a trusted and reliable partner who supports us in delivering first class global logistics services to our own customers. The Cargolux network offers us a wide array of options to accommodate with this weekly operation’, said Tim-Oliver Kirschbaum, CEO of Senator International based at the company’s headquarters in Hamburg.

While Cargolux has previously flown a number of charter flights from the Bavarian capital, this is the airline’s first regular airfreight service to and from Munich. Until now, the airline has relied on its trucking services to transport freight between its Luxembourg hub and Munich and earmarked for farther connections within its worldwide network.

Copyright Photo: Jens Polster/AirlinersGallery.com. Boeing 747-4R7F LX-SCV (msn 29733) arrives at Bangkok.

Cargolux: AG Slide Show