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

Rates under pressure as NCA freighter audit continues and trade war looms

Nippon Cargo Airlines’ (NCA) fleet of eleven 747Fs has now been grounded for more than a week as government authorities continue to audit the carrier’s maintenance records. This sudden loss of capacity ex-Asia, combined with a number of shippers rushing to fortify inventories of Chinese goods ahead of new duties scheduled to be imposed as […]
  • Caryn Livingston and Charles Kauffman
  • June 26, 2018

Freighter aircraft transactions through mid-June

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 […]
  • Caryn Livingston
  • June 19, 2018

Cargolux adding three 747-400Fs next year, but where will they come from?

Last week, Cargo Facts sat down with Cargolux President & CEO Richard Forson to discuss what the all-cargo carrier’s fleet might look in the future, when 747Fs are no longer available.  Today, however, 747Fs can still be acquired, and the Luxembourg-based all-cargo airline is planning to add three used 747-400Fs next year. The source of […]
  • Charles Kauffman
  • May 25, 2018

Freighter aircraft transactions through mid-May

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 […]
  • Caryn Livingston
  • May 14, 2018

Just what is Amazon carrying on its Prime Planes? [VIDEO]

In the twenty-month period since “Amazon One“, the first 767F donning “Prime” livery was unveiled to the public, Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW), the CMI operators of Amazon’s freighter network, have put a total of thirty-three 767Fs into service for the e-commerce giant.  Apart from the types of freighters in […]
  • Charles Kauffman
  • May 11, 2018

Overheard at Cargo Facts Asia Part II: Carriers tell OEMs ‘Focus on Freighters’

    SHANGHAI – Yesterday, we started our two-part coverage of our annual “Overheard at Cargo Facts Asia” review. You can revisit that story here. Today, in part II we shift away from the air cargo market for a look at developments related to freighter aircraft: Carriers lobby OEMs to focus on freighters. The future supply […]
  • Charles Kauffman
  • May 8, 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

Freighter aircraft transactions through mid-April

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 […]
  • David Harris
  • April 13, 2018

LATAM fleet rebalance sees 777 freighters shift to Atlas

Chile-based LATAM Airlines’ cargo division has finally offloaded the 777 freighters it planned to remove from its fleet by the end of 2017. Atlas Air Worldwide Holdings acquired the freighters and announced that its Southern Air subsidiary will operate both freighters on an ACMI basis for DHL Express. Southern Air has operated one of the […]
  • Caryn Livingston
  • March 7, 2018
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