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 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