Post Tagged with: "AAWW"

The World’s top 50 cargo carriers Part II — what’s with the data?

The World’s top 50 cargo carriers Part II — what’s with the data?

Carriers, News, Strategy, Traffic August 9, 2017 at 9:56 am

Yesterday, in Part I of this analysis we included a chart showing our best estimate of the international, domestic, and total cargo traffic (including mail and both scheduled and charter freight) flown by the top fifty carrier groups worldwide. But why do we call it our “best estimate,” and howRead More

Green grass and high tides for Atlas

Green grass and high tides for Atlas

Asia, Capacity & Demand, E-Commerce, Earnings, Express, News August 2, 2017 at 10:56 am

Not only did Atlas Air Worldwide Holdings (AAWW) report an extremely strong second quarter and first half, CEO Bill Flynn said the company expected the good momentum “to carry through 2017, into 2018, and beyond.” In the second quarter, Atlas reported net income up 89.3% over 2Q16 to $40 million,Read More

An (adjusted) flying start for Atlas in 2017

An (adjusted) flying start for Atlas in 2017

Capacity & Demand, E-Commerce, Earnings, Express, News May 3, 2017 at 10:54 am

Atlas Air Worldwide Holdings (AAWW) reported a net first-quarter loss of $752,000 (compared to a $471,000 profit in 1Q16), as total revenues rose 13.6% y-o-y to $475 million. Operating income for the quarter was up 19.8% to $24 million. Given the net loss, why was Atlas so pleased with theRead More

A strong quarter ends Atlas’ “historic” year

A strong quarter ends Atlas’ “historic” year

Aircraft, Carriers, E-Commerce, Earnings, News, Strategy February 23, 2017 at 10:51 am

2016 was quite a year for Atlas Air Worldwide Holdings (AAWW). During the year, the company: Acquired Southern Air Holdings, including subsidiary carrier Southern Air, with its five 777Fs and five 737-400Fs, all in CMI operation for DHL, and Signed an agreement with Amazon, under which Atlas agreed to leaseRead More

Amazon's Prime Air Network began to have an impact on the cargo carrier rankings in 2016, and that impact will increase in the coming years.

Amazon’s Prime Air to commence operations at CVG beginning in spring 2017

Airports, Conversions, E-Commerce, News February 20, 2017 at 10:44 am

At the beginning of the month, Seattle-based Amazon announced plans to shutter its Prime Air operations at Wilmington Air Park (ILN) in Ohio, and construct a new “centralized air hub” at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. (For a more detailedRead More

Asiana and Atlas in trans-Pac ACMI agreement

Asiana and Atlas in trans-Pac ACMI agreement

Aircraft, Asia, Carriers, News, Strategy February 14, 2017 at 10:54 am

Asiana Cargo, the cargo arm of South Korea-based Asiana Airlines, signed an agreement to ACMI lease a 747-400F from Atlas Air, one of the airline subsidiaries of Atlas Air Worldwide Holdings (AAWW). Atlas will operate the freighter, beginning this month, on trans-Pacific routes connecting South Korea “with several destinations inRead More

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Airports, E-Commerce, Express, News, Strategy February 1, 2017 at 9:41 am

Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’sRead More

Kalitta Air pilots agree to new contract

Kalitta Air pilots agree to new contract

Carriers, E-Commerce, Express, News, Photos+Videos December 27, 2016 at 10:44 am

Pilots at US-based ACMI and charter operator Kalitta Air voted overwhelmingly to ratify a new contract. The International Brotherhood of Teamsters, which represents the Kalitta pilots, said a twenty-one day voting period ended on 20 December, with 234 pilots voting in support of the new deal, and 17 voting against.Read More