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Silk Way West Airlines Extends GE Aerospace Partnership

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Silk Way West Airlines has extended its strategic services agreement with GE Aerospace, a move that underscores the carrier’s ambitions for growth and modernization in the global air cargo market. The comprehensive agreement covers maintenance for five Boeing 747-8F powered by GEnx-2B engines, six Boeing 777F with GE90-115B engines, and up to four upcoming Boeing 777-8F with GE9X engines. This collaboration secures long-term technical support while providing predictable cost…

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ANA Finalizes Acquisition of Nippon Cargo Airlines and Adds B747Fs

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ANA Holdings has finalized the acquisition of Nippon Cargo Airlines (NCA) from Nippon Yusen Kabushiki Kaisha (NYK Line), officially integrating the cargo operator and its Boeing 747 freighter fleet into the ANA Group. This strategic consolidation marks a significant milestone in Japan’s air cargo industry and positions ANA as a more formidable player in international freight operations.

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Air Belgium To Retire A330 Freighters

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Air Belgium has announced plans to phase out its two A330-200F aircraft by the end of August 2025, marking a significant change in the airline’s cargo operations. These aircraft have been operating under a lease agreement with Altavair AirFinance, a U.S.-based lessor specializing in commercial aircraft financing and leasing solutions.

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Atlas Air Explores More B747F Acquisitions Amid Jumbo Fleet Focus

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Atlas Air Worldwide Holdings, a leading provider of outsourced aircraft and aviation operating services, has confirmed its ongoing commitment to the Boeing 747 freighter, signaling that it is open to acquiring additional B747Fs. The statement comes at a time when many carriers are phasing out older widebody aircraft in favor of newer, more fuel-efficient models, but Atlas…

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ANA Postpones Full Acquisition Of Nippon Cargo To July 2025

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ANA Holdings, the parent company of All Nippon Airways, has delayed the effective date for its full acquisition of Nippon Cargo Airlines (NCA) for the seventh time, now setting the new timeline for 1 July 2025. The repeated postponements highlight the complexities involved in integrating a major cargo operator into ANA’s broader corporate structure.

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Cargolux Profit Surges 56.6% On $3.3B Revenue In 2024

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Cargolux, the Luxembourg-based all-cargo airline, reported a strong financial performance for 2024, with revenues climbing 12.9% year-on-year to $3.3 billion. More notably, the airline achieved a 56.6% increase in net profit, reaching $448 million, underscoring the carrier’s successful adaptation to a post-pandemic global cargo market.

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HALO AirFinance Closes B747-8F Mezzanine Deal With SMBC

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HALO AirFinance (US) has announced the successful closing of a mezzanine loan transaction in collaboration with Sumitomo Mitsui Banking Corporation (Japan), secured by a Boeing 747-8F freighter. The deal supports a US-based air cargo operator and highlights continued interest in structured aircraft financing solutions for widebody freighter assets.