Post Tagged with: "Atlas Air Worldwide Holdings"

Overheard at Cargo Facts Symposium

Overheard at Cargo Facts Symposium

Aircraft, Capacity & Demand, Carriers, Conversions, E-Commerce, News October 4, 2017 at 10:57 am

MIAMI – A bustling crowd of senior executives from all links in the air cargo supply chain gathered at the Mandarin Oriental for the 23rd annual presentation of the Cargo Facts Symposium. Delegates were delighted to be greeted with news that worldwide air freight volumes for the month of AugustRead More

Suparna's first 747-400ERF

Suparna Airlines’ growing widebody fleet

Aircraft, Carriers, News September 22, 2017 at 10:39 am

Earlier this week, we reported that Shanghai-based Suparna Airlines (formerly Yangtze River Airlines) leased a 747-400ERF (35235, ex-ASL Airlines Belgium opf Emirates) from Aircastle. We have since learned that the aircraft was not leased, but in fact purchased. In addition, Cargo Facts believes that this was the first of twoRead More

Suparna adds 747-400F, ultimately bound for Cargolux’s China venture?

Suparna adds 747-400F, ultimately bound for Cargolux’s China venture?

Aircraft, Airports, Asia, Carriers September 19, 2017 at 10:46 am

Update, 21 September 2017: Cargolux confirmed to Cargo Facts that there is in fact, no connection between Henan Cargo Airlines and Suparna’s recent 747-400F acquisition.  Last month, ASL Airlines Belgium returned a 747-400F (35235) to lessor Aircastle, and today the aircraft arrived in Hong Kong, where it is now onRead More

Atlas Air will operate a 747-400F on an ACMI basis for Yangtze River Airlines in the  HNA Modern Logistics network.

Cargo Facts Symposium to feature fireside chat with Atlas CEO, William Flynn

Carriers, E-Commerce, News June 13, 2017 at 10:23 am

Cargo Facts is pleased to announce that the 23rd Annual Cargo Facts Symposium will feature an exclusive Fireside Chat with: William (‘Bill’) Flynn, President and Chief Executive Officer, Atlas Air Worldwide Holdings. Flynn’s career in transportation and supply chain management spans forty-years, during which he has held a variety ofRead 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

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

Peak season boosts volumes and costs for FedEx

Peak season boosts volumes and costs for FedEx

Earnings, Express, News December 21, 2016 at 10:54 am

FedEx reported operating income up 2.6% in the second quarter of its 2017 fiscal year, driven primarily by the inclusion of TNT Express, which added revenues of $1.9 billion during the quarter. The charts at right show FedEx’s results as reported, with net income up 1.3% to $700 million, asRead More