E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.
The Teamsters union has patched things up with one of Amazon’s main air transport providers. Talks remain stalled with the other cargo airline.
Many transport providers besides FedEx and UPS are performing roles in the COVID vaccine distribution. Not everyone is moving vaccines. Find out what Air Transport International is doing.
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
UPS is one of nine companies that have leased lots of freighters from Air Transport Services Group this year. Find out who else is leasing these popular aircraft.
The A321 has a lot of potential in the air cargo market because of its efficiency and payload. Companies are beginning to convert passenger planes into cargo freighters.
When some passenger planes get long in the tooth, they get a second life in cargo. The latest candidate for conversion in the Airbus A321. It offers more shipping space than a Boeing 737 and could be flying to an airport near you soon with your online order.
Amazon has outsourced aircraft operations again to long-standing vendor Air Transport Services Group. But Amazon is diversifying how it operates, adding an owned aircraft to its fleet.
Air Transport Services Group is becoming a one-stop service shop for outsourced airline services, especially for cargo operators.
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.
Air Transport Services Group
The FAA recently gave Pemco Conversions approval to convert 737 passenger jets into freighters, with the added flexibility of carrying pallets and passengers in the main cabin area at the same time.
Air Transport International will operate a big cargo plane for an express carrier in the Pacific region on a route in and out of Hong Kong.
ir Transport Services Group is making money from its aircraft leasing and outsourced transportation businesses as express carriers and other customers seek more aircraft to support supply chains.
Profits grew in the fourth quarter and full-year 2019 at ATSG as its leasing and airline subsidiaries both performed well.
Air Transport Services Group (NASDAQ: ATSG) reported a 219% increase in third-quarter operating profit of $105 million. The outsourced provider of air cargo services for Amazon.com’s Prime network and other customers generated $366 million in revenue, up 79% from the same period in 2018. The gains mostly came from one-time occurrences: earnings from operations benefited […]
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 […]
Operating performance bolstered by contracts with Amazon and U.S. government, said company CEO.
Amazon to add 15 B737800 freighters through lease with GE’s Aircraft leasing unit
Air Transport Services Group deepens its credit line as it prepares for increased demand for its aircraft and services
