ACMI specialist, Atlas Air Worldwide Holdings posted 2016 second-quarter net income of US$20.6 million, down 27.5 per cent from the $28.4 million net profit the company reported a year earlier. The drop is a result of the group’s preparation for its contract with e-commerce giant, Amazon, to operate 20 freighters on its behalf. US-based Atlas Air Worldwide is parent company to Atlas Air, Southern Air Holdings and Titan Aviation Holdings, and majority owner of Polar Air Cargo. “The second … [Read more...] about Atlas Air’s Amazon service to take flight this quarter
ACMI
Atlas Air's Amazon service to take flight this quarter
ACMI specialist, Atlas Air Worldwide Holdings posted 2016 second-quarter net income of US$20.6 million, down 27.5 per cent from the $28.4 million net profit the company reported a year earlier. The drop is a result of the group’s preparation for its contract with e-commerce giant, Amazon, to operate 20 freighters on its behalf. US-based Atlas Air Worldwide is parent company to Atlas Air, Southern Air Holdings and Titan Aviation Holdings, and majority owner of Polar Air Cargo. “The second quarter … [Read more...] about Atlas Air's Amazon service to take flight this quarter
Atlas Air Worldwide completes Southern Air acquisition
Atlas Air Worldwide Holdings, Inc. said it has completed its acquisition of privately held Southern Air Holdings, Inc., a premier provider of intercontinental and domestic CMI (crew, maintenance and insurance) services, for cash consideration of approximately US$110 million. "The strategically compelling, highly complementary combination," provides Atlas Air Worldwide immediate entry into B777 and B737 aircraft operating platforms with opportunities for additional growth and enhancing Atlas … [Read more...] about Atlas Air Worldwide completes Southern Air acquisition
Etihad Cargo adds third B747 from Atlas Air
Etihad Cargo has expanded its fleet of freighter aircraft with the placement of a third B747 freighter from Atlas Air Worldwide as part of a multi-year Aircraft, Crew, Maintenance and Insurance (ACMI) agreement. The 747-400 freighter is the third aircraft to be operated by Atlas Air on behalf of Etihad Cargo, and complements existing lease agreements previously signed by Etihad Cargo for B747 freighter aircraft in May 2012 and May 2013. Scheduled to come into service this month, the … [Read more...] about Etihad Cargo adds third B747 from Atlas Air
Airwork orders seven AEI B737-400SF conversions
New Zealand-based Airwork has ordered two firm and five optional B737-400SF eleven pallet configuration passenger-to-freighter conversions from Aeronautical Engineers Inc. (AEI). Airwork will make the freighter aircraft available to its ACMI and dry lease customers. The first aircraft, built in 1992 has already been modified at Commercial Jet Services’ Dothan, Alabama facility and was successfully redelivered to Airwork on August 14th. It has since been placed with one of … [Read more...] about Airwork orders seven AEI B737-400SF conversions
Etihad Cargo, Atlas Air begin ’round-the-world’ service
Etihad Cargo has announced its first round-the-world freighter routing in conjunction with Atlas Air Worldwide. The jointly operated service began on 30 May 2013, connecting Etihad Cargo’s Abu Dhabi hub with destinations in Asia, the US, South America and Europe. Miami (US), Viracopos (Brazil), and Quito (Ecuador) will become part the round-the-world Abu Dhabi-Hong Kong-Chicago-Miami-Viracopos-Quito-Amsterdam-Abu Dhabi freighter service offered with an Etihad Cargo-liveried B747-8 … [Read more...] about Etihad Cargo, Atlas Air begin ’round-the-world’ service
