Post Tagged with: "charter"

Atlas expands its fleet

Atlas expands its fleet

Aircraft, Asia, Capacity & Demand, Carriers, News September 11, 2017 at 10:33 am

Atlas Air Worldwide Holdings (AAWW) acquired a 747-400ERF (33515) on lease from Altavair. The freighter was originally delivered to Korean Air in 2003, and has been operated by Korean until now. Altavair acquired it, along with a sister ship, in a forward sale late last year. The second of theRead 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

Invisible cargo connections

Invisible cargo connections

Aircraft, Carriers, News, Strategy September 8, 2016 at 10:10 am

Sometimes things just don’t make any sense. Maybe you read a story and came away scratching your head, wondering “Why would they do that?” Sometimes it’s more than one story or report. Sometimes it seems like you must be reading news about the air freight industry on another planet. AndRead More

Peeking ahead to peak season

Peeking ahead to peak season

Airports, Asia, News, Photos+Videos, Strategy July 29, 2016 at 10:27 am

Yes, it is still mid-summer, but news out of China today has us looking ahead to the fourth quarter. Peak season may not be quite the massive boost to air freight volumes that it once was, but it is still important. Retailers still make mistakes with inventory planning, and thereRead More

Peak season hit by Chinese charter ban

Peak season hit by Chinese charter ban

Capacity & Demand, Carriers, Strategy November 10, 2015 at 10:45 am

Just as peak season demand was beginning to grow, the Civil Aviation Administration of China has imposed a ban on charter flights from three of the country’s major airports for the entire month of November. While the 2015 peak season is not shaping up to be a record-setter, it is atRead More

Qatar Airways goes big in the charter market

Qatar Airways goes big in the charter market

Aircraft, Carriers, News, Photos+Videos August 14, 2015 at 10:10 am

Qatar Airways acquired another freighter, this one specifically for use in the rapidly growing project cargo market. Qatar Airways ACMI-leased a 747-400BDSF (24998) from Turkey-based myCargo Airlines. The term of the lease is three months, after which Qatar will replace the converted freighter with a production 747-400F noseloader, also toRead More

Flying the Fan Jet Falcon

Flying the Fan Jet Falcon

Photos+Videos September 29, 2014 at 7:56 am

This vintage-1969 Falcon Fan Jet 20 is arriving at Boeing Field from Fairbanks for a fuel stop en route to its regular base in Texas. Flown by charter operator Cherry Air, it operates on an ad-hoc basis flying time critical shipments. Although Falcons were at one time used in scheduledRead 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