Post Tagged with: "ACMI"

Full speed ahead for ATSG

Full speed ahead for ATSG

Aircraft, Carriers, Earnings, Strategy November 9, 2015 at 10:48 am

Air Transport Services Group (ATSG) reported its third-quarter results, but the real news is what is coming next. The company reported third-quarter net income down 33.8% to $6.5 million, as net revenue from customers rose 2.8% to $142 million. At first glance, a one-third drop in net income might seemRead More

A new partner for lonely ABC?

A new partner for lonely ABC?

Carriers, Premium Newswire, Strategy, Traffic October 13, 2015 at 9:15 am

Russia’s Volga-Dnepr Group has been largely silent on plans for its newest offspring, UK-based startup carrier Cargologicair. The Russian parent company has no explicit documented ties to the new carrier, which sources say will start ACMI services by the end of the year. However, Cypriot businessman and president of Volga-DneprRead More

ATSG, the evolution continues

ATSG, the evolution continues

Carriers, Earnings, Express, News, Strategy August 10, 2015 at 10:49 am

US-based Air Transport Services Group (ATSG) reported second-quarter net income up 13.4% to $10.8 million, despite a slight (0.8%) decline in revenue to $148.4 million. Operating income (EBIT) for the quarter was up 9.3% to $19.8 million. The story behind these big increases in income is interesting, and reflects theRead More

Freighter operation: Jet Airways in, Thai out

Freighter operation: Jet Airways in, Thai out

Carriers, News, Strategy March 24, 2015 at 10:56 am

With regulatory approval in place from the Indian aviation authority, Jet Airways plans to launch freighter operations in April with an A330-200F ACMI-leased from Abu Dhabi-based Etihad Airways. At almost the same time, just across the Bay of Bengal, Thai Airways International will exit the main-deck freighter business and parkRead More

ATSG reports 3Q profit up, extends DHL agreement

ATSG reports 3Q profit up, extends DHL agreement

Carriers, News, Premium Newswire, Traffic November 11, 2014 at 9:35 am

US-based Air Transport Services Group (ATSG) reported third-quarter net income up 27.0% y-o-y to $10 million, as total revenue rose 3.1% to $185 million. Operating income for the quarter was up 10.1% to $18 million, and CEO Joe Hete said “I’m confident that we’re heading for one of the bestRead More

3Q net income up 16% for Atlas

3Q net income up 16% for Atlas

Carriers, News, Premium Newswire November 7, 2014 at 10:22 am

Atlas Air Worldwide Holdings reported third-quarter net income up 16.2% y-o-y to $26 million, as revenue rose 14.9% to $486 million. Operating income (EBIT) for the quarter was up 5.7% to $61 million. The chart at right gives a detailed look at the company’s financial and operational performance, but here areRead More

Atlas answers the big question

Atlas answers the big question

Carriers, Strategy May 1, 2014 at 10:48 am

Atlas Air Worldwide Holdings’ first quarter net income was either up 90% or down 60% depending on whether you look at the adjusted or as-reported figures. On an as-reported basis, Atlas saw net income for the first quarter of 2014 fall 60.4% y-o-y to $7.9 million. However, after adjusting forRead More

A new player in the 767-200F ACMI and charter market

A new player in the 767-200F ACMI and charter market

Carriers April 25, 2014 at 10:28 am

The medium widebody charter and ACMI business just got a little more complicated. A US company, 21 Air, acquired two 767-200Fs (23801, 23803, both ex-TAMPA Cargo) and says it will market them for ACMI or charter service, on the operating certificate of Greensboro-based passenger charter operator Dynamic Airways.            Read More