ATSG’s new pipeline for 767 feedstock

Yesterday, when Ohio-based Air Transport Services Group, Inc. (ATSG) made the surprise announcement that it would be acquiring Oklahoma-based Omni Air, entry into the 777 operating platform stood out as the most interesting opportunity for ATSG – particularly at a time when some of the company’s current CMI clients, like DHL Express, are poised to […]

• Charles Kauffman
• October 3, 2018

Atlas Air revenue, guidance rise again in 2Q

Atlas Air Worldwide Holdings (AAWW) reported a second-quarter net loss of $21.2 million, down from net income of $38.9 million for 2Q 2017, due to an unrealized $50 million loss on outstanding warrants. However, after adjustments, the company saw a 70.8% increase in adjusted net income, to $49.7 million. Operating income rose 4.2% to $60.9 […]

• Caryn Livingston
• August 3, 2018

Previously unreported freighter aircraft transactions

We try to keep up-to-date on transactions involving freighter aircraft, publishing a list of recent transactions every week in Cargo Facts Update, and then a comprehensive summary in the monthly issue of Cargo Facts. However, particularly in the case of used passenger aircraft being acquired and put into conversion to freighter configuration, it is easy […]

• David Harris
• May 24, 2018

Atlas reports an exceptional first quarter, and ups full-year guidance

Atlas Air Worldwide Holdings (AAWW) reported first-quarter net income of $9.6 million, up from a reported loss of $752,000 a year earlier. Adjusting for a variety of one-time impacts, net income was up 187.4% y-o-y to 23.8 million, while total revenue rose 24.1% to $590 million. Operating income for the quarter jumped 68.8% to $40.6 […]

• David Harris
• May 3, 2018

First freighter aircraft transactions of February 2018

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• Charles Kauffman
• February 5, 2018

Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]

• David Harris
• November 7, 2017

HNA’s Suparna commits to Xi’an and Hahn as air freight hubs

On 28 August, a Suparna Airlines (previously Yangtze River Express, then Yangtze River Airlines) 747-400F departed the central-Chinese city of Xi’an, and headed for Frankfurt-Hahn Airport in Germany, where it landed eight hours later, formally inaugurating the carrier’s newest Xi’an – Hahn – Ordos, scheduled cargo route. Although Suparna, in its previous Yangtze River incarnation […]

• Charles Kauffman
• August 29, 2017

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

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 how is our best estimate different […]

• David Harris
• August 9, 2017