Aviation business
Cargo
10 case studies in how cargo and freight operators compete — integrators running their own fleets, ACMI wet-lease carriers flying for other airlines and retailers, the build-vs-outsource bets behind Amazon's air network, and the real aging-freighter economics forcing operators to make hard fleet calls.
CGO · SECTION BOARD
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The Airline That Isn’t an Airline: Amazon Air’s Unresolved Bet on Operating Control
Amazon Air · United States
The Destruction of Monopoly: Hostomel, the Loss of Mriya, and Antonov Airlines’ Pivot
Antonov Airlines (ADB) · Ukraine
The Silent Carrier: How Atlas Air Built a $5.2B ACMI Monopoly in Widebody Air Cargo
Atlas Air Worldwide (5Y) · United States
Forced Aging and the $85M Jumbo Hedge: Inside Cargolux’s Dual-Fleet Bet
Cargolux (CV) · Luxembourg
The Leipzig Engine: Inside DHL Express’s High-Yield Network and Joint-Ventured Wings
DHL Express · Germany
Emirates SkyCargo’s Dual-Fleet Masterclass: Scaling Main-Deck Power from Dubai
Emirates SkyCargo (EK) · United Arab Emirates
FedEx Express: How the World’s Largest Cargo Airline Shrinks to Win
FedEx Express (FX) · United States
Dual Engine Logistics: How Qatar Airways Cargo Scaled Main-Deck and Belly Capacity Into Global Dominance
Qatar Airways Cargo (QR) · Qatar
UPS Airlines: Shrinking Amazon Volume to Build a High-Yield Air Network
UPS Airlines (5X) · United States
Shattered Bridge: How Sanctions Dismantled Volga-Dnepr’s Global Freight Empire
Volga-Dnepr Group (VI) · Russia