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.
More than 200 breeder hogs were flown this week from St. Louis to Sao Paulo. Midwestern airport hopes it is the beginning of more livestock exports.
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.
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.
