Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 […]
Atlas Air has apparently cleared the final hurdle for its sale to Wall Street hedge funds.
Atlas Air, a large cargo airline and lessor, is one step closer to becoming a private company after a shareholder vote.
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It’s a long trip, but it can make economic sense now to make that flight without a stopover.
Freight haulers across transport modes join effort to raise awareness.
At 10:30 a.m., its price was down almost 16 percent.
