Impact Publications : Aircargo_241
AirCArgo AsiA-PACifiC • FEB-MARCH 2016 • Page 11 B734Fs start to replace CV580s in NZ The big change in nZ domestic air freight services – announced last year - featured prominently in the december 31 half-year financial re- sults of nZX-listed freightways. It was a great half for the still-expand- ing group, with the information man- agement division – which is operational in both Australia and NZ - helping to lift consolidated operating revenue to a record high of NZ$255 million, up five per cent on the prior comparative pe- riod (pcp) which had four extra trading days. An interim dividend of 12.75cps, fully imputed at 28 per cent, was a six per cent increase on the pcp. The transition from Convair 580 turboprops – dependable but ageing and also limited in uplift – to B734 jet freighters is currently a work in pro- gress and had little impact on the latest financial results. Managing director Dean Bracewell reported the project is “running to schedule with the first Boeing having arrived in time to assist with peak Christmas volumes”. Two further B734 freighters are ex- pected to be operational by May. Bracewell reported negotiations have been completed with Christchurch International Airport to lease a new purpose-built facility to enable the consolidation of operations from three separate facilities into one, with airside access to the B734 fleet. This new facility will be fully automated, enabling a reduction in the manual handling and sorting of freight. The cost of approximately NZ$11 million will be invested progressively throughout the next 14 months, with the completed facility expected to be fully operational early in the second half of the 2017 financial year. As we explained in mid-2015 news reports, the new fleet will be operated by Fieldair Holdings, a Freightways subsidiary, and Airwork Holdings which provides B737F services in several countries as part of a wide-ranging operational portfolio. This includes linehaul for Toll in Australia, a contract which was renewed last year. Airwork will lease freighters to the JV. The CV580s will be sold; they are said to be in good condition and CV580s are still well regarded especial- ly in Canada. The sole CV5800 is being returned to its owners. It is planned that as the JV in NZ evolves, customers will migrate to it not only from Freightways’ extensive express packages divisions but also NZ Post’s Express Couriers business. Aircraft utilised by Air Post, the current NZ Post/Airwork 50/50 JV will also be withdrawn, including a B733F and two Fokker F27 Friendships. On the web: www.freightways.co.nz Convair freighters on the way out Airbus boosts A-P sales - and deliveries - in 2015 AIRBUS strengthened its position in Asia-Pa- cific in 2015, winning 421 net orders from 17 airlines and lessors in the region. This was 39 per cent of the company’s net orders in 2015 for a total 1,080 aircraft. In addition, the manufacturer delivered 232 new aircraft to 40 operators across the region - either direct or via leasing compa- nies, equal to 44 per cent of the company’s total output of 635 aircraft during the year, reflecting the importance of the region to the manufacturer. Airbus expects the Asia-Pacific region to continue to lead demand for new aircraft over the next 20 years. The company’s latest forecast for the region sees an annual increase in pas- senger traffic of 5.6 per cent, some 12,800 new aircraft valued at US$2 trillion. This represents 40 per cent of global demand for 32,600 aircraft over the next 20 years and includes almost half of all wide-body deliveries world wide plus more than a third of all single aisle aircraft.