Atlas Air

Eric Kulisch Tuesday, September 26, 2023

Atlas Air snags ex-Etihad cargo chief for C-suite role

Another top-level cargo executive for a Middle Eastern airline has found a new job. Atlas Air, which leases and flies cargo and passenger aircraft for airlines, logistics companies, sports teams and the U.S. military, on Monday named former Etihad Airways cargo chief Martin Drew as chief strategy and transformation officer. Last week, airport services company […]

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Eric Kulisch Friday, July 17, 2020

Pilots blame Atlas Air, FAA for 2019 freighter crash

Blame game: The National Transportation Safety Board says an incompetent co-pilot caused an Atlas Air cargo plane to crash. Contributing factors were an inattentive captain, poor pilot vetting by the company and the FAA’s slowness developing a database for pilot records. The pilots union only points the finger at the company and the FAA.

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Eric Kulisch Wednesday, October 30, 2019

Atlas Air loses money from Q3 operations

Updated at 8:40 p.m. Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), buffeted by a weak global airfreight market exacerbated by trade disputes and disruptions from a labor dispute with its pilots, lost $879,000 in the fiscal third quarter from operations, compared with a $54.5 million operating profit in the same period a year ago. Operating […]

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Eric Kulisch Friday, September 13, 2019

Amazon shifts two freighters from Atlas Air to ATSG operation

Amazon.com Inc. (NASDAQ:AMZN) has transferred flying responsibility for two leased Boeing 767-300 freighters from Atlas Air Worldwide to Air Transport International, a charter airline owned by Air Transport Services Group (ATSG), Amazon and ATSG officials confirmed. Both companies lease and operate planes on behalf of the Amazon Air network, which the e-commerce giant launched in […]

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John Gallagher Wednesday, May 8, 2019

Cargo plane leases lift ATSG in first quarter

Freighter aircraft deployments and additional business handled for the U.S. Department of Defense helped raise first quarter earnings and revenue by double-digits for cargo aircraft leasing company Air Transport Services Group (NASDAQ: ATSG). Wilmington, Ohio-based ATSG reported earnings from continuing operations of $26 million in the first quarter of 2019, up 26 percent over the […]

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