Precision and ATSG set up A321 freighter conversion joint venture

Precision Aircraft Solutions (PAS) and Air Transport Services Group have formed a joint venture company to develop a passenger-to-freighter conversion for the Airbus A321-200. The company, called 321 Precision Conversions has been set up by PAS and ATSG’s subsidiary Cargo Aircraft Management, aims to gain supplemental type certification for the conversions in 2019, and aims […]

LATAM makes Q1 profit despite cargo struggling

LATAM Airlines Group has made a profit of $102.2 million in the first quarter of 2016, despite cargo continuing to struggle due to weakness in Brazil. The group, which consists of LAN and TAM, and affiliates, turned the result around from a $39.9 million loss in the same period last year, helped by lower fuel […]