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Delta’s fourth-quarter net income surges $221 million

DeltaCargo

Freight revenue for Delta Airlines improved 8 percent, year-over-year, in the fourth quarter of 2011, rising by $20 million to $256 million. This cargo increase is incorporated into the U.S. carrier’s impressive total net income for the quarter, which surged $221 million, year-over-year, to $379 million.

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AirBridgeCargo acquires first 747-8F

Boeing handed over the first of five 747-8 freighters to AirBridgeCargo Airlines on January 26. The airline manufacturer and the Russian freight carrier celebrated the initial delivery at Boeing’s Everett, Wash., production facility.

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Asian freight demand slides in 2011

Demand for airfreight services in the Asia-Pacific took a nosedive in 2011, plunging 4.8 percent, year-over-year. Load factor in this region also declined considerably last year, falling to 66.6 percent, despite no capacity changes from 2010.

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747-8F, 787 deliveries propel Boeing’s Q4 profit boost

747-8

Boeing’s net income surged to $1.4 billion in the fourth quarter of 2011, a 20-percent, year-over-year, increase. Of all business segments, Boeing Commercial Airplanes saw the highest revenue growth during this period, driven by the deliveries of the first 747-8Fs and 787 Dreamliners.

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