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UPS Airlines is a major American cargo airline based in Louisville, Kentucky, US. [8] One of the largest cargo airlines worldwide in terms of freight volume flown, UPS Airlines flies to 815 destinations worldwide. [9] It has been a wholly owned subsidiary of United Parcel Service since its launch in 1988.
Key Lime Air is a United States airline with corporate headquarters at Denver International Airport in Denver, Colorado, within the Denver metropolitan area. [2] Established in 1997, Key Lime Air operates scheduled air service, various types of public and private charter (under its Denver Air Connection brand), and United Parcel Service cargo feeder operations.
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
Because of UPS, Louisville is the sixth-busiest cargo airport in the world, and the third busiest in the United States. [ 12 ] [ 23 ] Although UPS has had a hub at Louisville since 1980, the term was not used officially by the company until 2002, after a $1 billion, five-year expansion. [ 24 ]
TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [1] The company was founded in 1935 as Overnite Transportation, [2] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS.
In 2018 the airport had 337,947 aircraft operations, averaging 925 per day: 89% general aviation, 10% air taxi, and 2% military. 840 aircraft were then based at this airport: 569 single-engine, 104 multi-engine, 147 jets, and 20 helicopters. [1] Key Lime Air has its corporate headquarters on the airport property.
The airline was established and started operations as Contract Air Cargo in 1983 and is wholly owned by the IFL Group Inc, operating the Dassault Falcon under part 135 as IFL Group Inc., and the Boeing 727 and Convairs under part 121 as Gulf and Caribbean Cargo.
Air freight rates rose as a consequence, from $0.80 per kg for transatlantic cargoes to $2.50-4 per kg, enticing passenger airlines to operate cargo-only flights through the use of preighters, while cargo airlines bring back into service fuel-guzzling stored aircraft, helped by falling oil prices.