Higher fuel prices are triggering fleet changes in cargo airlines.

June 9, 2006 by SwizStick  
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Via Air Cargo World:

Polar Air Cargo, Japan Airlines, Nippon Cargo Airlines, MASKargo and Northwest Airlines are among the Pacific-focused carriers that have decided or are considering moving beyond the 747-200s that have carried much of Asia’s intercontinental cargo over the years.
The fleet decisions figure to reverberate across the Asia-Pacific market, potentially changing longstanding routes and the shipping prices built on the economics of the older aircraft.
Polar Air Cargo already is moving away from the 747-200 freighter. By July the cargo airline intends to stop using six older 747 freighters, concentrating instead on the more efficient 747-400 for its scheduled operations.
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The re-ordering of fleet economics from the inside is an attempt to stay ahead of new operating realities being imposed on airlines. Oil prices around $70 a barrel have derailed the economics of gas-guzzling older cargo planes on many longhaul sectors.
This is accelerating carriers’ plans to phase out their 747-200 freighters, says George Hamlin of Arlington, Va.-based air cargo research and consulting firm MergeGlobal.

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