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
Southern Air Holdings
First B777 freighter for Southern Air
Wet-lease operator Southern Air Holdings has taken delivery of its first B777 freighter, which will provide capacity under a block-space agreement for Thai Cargo. The second, also for use by Thai, will be delivered on 2 March. CEO Daniel McHugh said: “The addition of these two B777s is a defining moment in the history of Southern Air that begins the next phase of the company’s growth. The combination of the B777s and our 16 B747s makes Southern Air the first ACMI operator to … [Read more...] about First B777 freighter for Southern Air