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GLA Daily News

Time:2023-02-02 Publisher:Kevin Num:2375

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UPS Q4 net profit increased by 11.6% year-on-year
    

United Parcel (UPS) announces fourth quarter 2022 results. The financial report shows that the company’s Q4 revenue was US$27 billion, a year-on-year decrease of 2.7%, lower than market expectations of US$28.09 billion; net profit was US$3.453 billion, an increase of 11.6% year-on-year; adjusted earnings per share were US$3.62, a year-on-year increase 0.8%, above market expectations of $3.59. (Source: UPS)


A number of listed companies in the logistics field released their 2022 annual performance forecasts


A number of listed express delivery companies have successively disclosed their performance forecasts for 2022. SITC International issued a positive profit forecast. It is expected that the net profit in 2022 will exceed US$1.9 billion, a significant increase from approximately US$1.1672 billion in the previous year; %-46%, and the net profit after deducting non-existing expenses reached 5.25 billion to 5.45 billion yuan, a year-on-year increase of 186%-197%. YTO Express released its 2022 annual performance report on January 9: the net profit in 2022 will be 3.92 billion yuan, an increase of 86.34% over the same period of the previous year. (Source: Baixiao.com)


Boeing Delivers Last Boeing 747 Freighter


Boeing delivered the last Boeing 747, and the "queen of the sky" officially ended. Thousands of current and former Boeing employees will gather at the Boeing Factory in Everett, Wash., for a final send-off celebration alongside the delivery of the last Boeing 747-8 Freighter to Atlas Air.


It is understood that the aircraft will be operated by Apex International Logistics, a subsidiary of Kuehne & Nagel, which is the fulfillment of the long-term charter agreement signed by Kuehne & Nagel and Atlas Air. As a landmark model in the aviation industry, the last Boeing 747-8F will be put into operation on the trans-Pacific route, strengthening Apex International Logistics' air freight logistics network in the Asia-Pacific region. (Source: Aviation Home, Apex International Logistics)


Aercap Signs Lease Agreement for Four B777-300ERSF Aircraft with Fly Meta


AerCap, the world's largest aircraft leasing company, has signed a lease agreement for four Boeing B777-300ERSF aircraft with Fly Meta, a global air cargo charter company headquartered in Hong Kong. The leasing program will be delivered from 2024 to 2025.


The B777-300ERSF, also known as the "big twin", is the first passenger-to-freighter conversion program of the B777-300ER, which will be the largest twin-engine freighter when it enters service this year. AerCap recently completed the delivery of its 50th Boeing Converted Freighter (BCF). (Source: aircargo news)


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