Post Tagged with: "Amazon"

e-Atlas

e-Atlas

Carriers, E-Commerce, Express, News, Strategy June 16, 2016 at 10:46 am

In 2009, Atlas Air Worldwide Holdings was a 747 freighter operator with a twenty-eight unit fleet that still included six 747-200Fs alongside its twenty-two -400Fs. It was focused almost entirely on ACMI-leasing those 747s to other airlines, and the big news was the recent sale of a 49% stake inRead More

Atlas was once known primarily as an ACMI operator of 747 freighters, but its fleet and operations are becoming increasingly diverse.

Atlas looks beyond weak Q1 towards brighter future

News May 10, 2016 at 10:41 am

With net income falling to nearly zero ($471,000), and total operating revenues down 5.9% to $418 million, it’s no wonder Atlas Air Worldwide Holdings (AAWW) chose to announce its new tie-up with Amazon concurrently with the release of its first-quarter 2016 results (see Atlas scores deal with Amazon for 20Read More

Atlas scores deal with Amazon for 20 freighters, 20% stake

Atlas scores deal with Amazon for 20 freighters, 20% stake

Aircraft, Conversions, E-Commerce, Express, News May 5, 2016 at 7:07 am

It’s déjà vu all over again! The dust still hasn’t settled from the Amazon/ATSG deal, and now the e-commerce giant has done it again, this time with Atlas Air Worldwide Holdings Inc. Simultaneously with the release of its first-quarter results, Atlas [ticker: AAWW] announced the signing of an agreement with AmazonRead More

Details emerge regarding Amazon’s ATSG Warrants

Details emerge regarding Amazon’s ATSG Warrants

Aircraft, Capacity & Demand, Carriers, E-Commerce, News March 21, 2016 at 12:54 pm

News of Amazon’s planned foray into the air express network broke on March 8 when Air Transport Services Group (ATSG) announced it would operate twenty 767 freighters on Amazon’s behalf out of its Wilmington, OH hub. The deal however, was not limited to planes, it also granted Amazon warrants exchangeableRead More

FedEx calls out ‘fantastical’ news reports

FedEx calls out ‘fantastical’ news reports

E-Commerce, Earnings, Express, Strategy March 17, 2016 at 10:33 am

FedEx reported fiscal third-quarter net income down 19.3% y-o-y to $507 million, as revenue rose 8.5% to $12.7 billion. Operating income for the quarter was down 16.8% to $864 million. But, as usual, the reported figures mask the impact of one-time charges – in this case, expenses related to legalRead More

Amazon gains right to own 19.9% of ATSG as 20-freighter network is confirmed

Amazon gains right to own 19.9% of ATSG as 20-freighter network is confirmed

E-Commerce, Earnings, Express, Premium Newswire March 9, 2016 at 10:42 am

One day after reporting excellent fourth-quarter results, Air Transport Services Group (ATSG) finally broke the news we have been expecting for some time: it has signed a deal with e-commerce giant Amazon to operate an express air network based on twenty ATSG-owned 767 freighters. No huge surprise there, as itRead More

ATSG ups guidance – where does Amazon fit in?

ATSG ups guidance – where does Amazon fit in?

Carriers, E-Commerce, Express, News, Strategy February 11, 2016 at 10:26 am

US-based Air Transport Services Group issued guidance for stronger fourth-quarter and full-year 2015 results than it had earlier predicted. At the beginning of this week, the company said it now expected that 2015 EBITDA would be “in a range of $196 – $200 million.” This is up 2.5% over itsRead More

Amazon Airlines? Maybe, but maybe not.

Amazon Airlines? Maybe, but maybe not.

Express, Strategy February 4, 2016 at 10:53 am

Amazon seems to be saying “maybe not,” but in a way that is open to a wide variety of interpretation. We have covered Amazon’s move into the air freight business extensively. You can read our most recent analysis here, but the condensed version is that, in September 2015, Amazon set upRead More