Atlas Air Worldwide Holdings

Ethiopian Airlines is adding Boeing 767 freighters in a transaction with Atlas Air Worldwide.

It has taken Atlas Air’s parent company five years to complete the integration of Southern Air. The transition is now complete.

FedEx doesn’t operate any 747 freighters itself but is hiring Atlas Air to use jumbo jets on its behalf.

Atlas Air pilots are peeved that an outside arbitrator jammed a new labor contract down their throat. Union says many are threatening to leave.

DHL Express is one of Atlas Air’s biggest customers. It just renewed leases for 20 planes.

Atlas Air is keeping eight jumbo jets by buying them from leasing companies. It doesn’t want to turn them in because it would have fewer assets available to meet customer demand.

Icelandair is raising capital with a sale-leaseback of two large jets and then turning them into freighters. It’s an innovative move.

Boeing is pulling the plug on its 747-8 production line, and Atlas Air is snapping up the last planes. DHL Express is also ordering 777 freighters.

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Atlas Air says it faced hardships during the coronavirus pandemic, making it eligible for emergency airline aid from Congress despite a massive growth in business.

Atlas Air rode the rising tide for air cargo to higher profits in the third quarter.

Air cargo companies are raking in revenues this year. It might be a bad time to ask for a handout from the government.

Alibaba is taking on Amazon around the world. Its latest move is in South America, with a new dedicated air service to speed up shipments.

Atlas Air Worldwide’s big cargo planes have been in flying full tilt since the novel coronavirus metastasized in March. Combine that with high rates and you’ll understand why r revenue and profit grew so much in the second quarter.

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.

Recipe for disaster: a pilot who made serious mistakes, panicked, had a history of reacting poorly under stress and lied about it to his employer – Atlas Air.

U.S. safety investigators will hold a hearing in July as they try to find out why a big cargo jet carrying Amazon packages crashed last year.

The COVID-19 pandemic has created choppy conditions in the airfreight market, but air cargo companies like Atlas Air are mostly seeing upside for their business.

Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.

Atlas Air and DHL operate at CVG, and it’s the site of Amazon’s Air Hub.

Atlas Air World Wide Holdings has a lot of debt on its books, so its dry leasing arm Titan Aviation got an outside injection of money to help it grow.

More substantive talks could ensue in the four-year-old labor saga between Atlas Air and its pilots’ union after a federal appeals court ruled the union must abide by arbitration procedures.

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 […]

Amazon, following a model in the U.S., will take an equity stake in Canadian cargo airlines Cargojet.

How Flexport is managing the challenges of todays air cargo environment

ATSG and Atlas Air continue to fight a contract battle with their pilots union as Amazon, which uses both airlines, watches closely with peak season approaching