Atlas Air Worldwide, Ameriflight launch pilot pathway program

New York-based Atlas Air Worldwide Holdings, Inc. said that its subsidiary airlines, Atlas Air and Southern Air, have entered into an arrangement with Dallas-based cargo carrier Ameriflight to offer qualified candidates among its pilots a “guarantee” to interview for positions at Atlas and Southern. The program aims to address an increase in demand for the […]
  • Caryn Livingston
  • November 16, 2018

4 airlines that could end up with NCA’s 747-400Fs

At least two of Nippon Cargo Airlines’ three idled 747-400 freighters (36133, 36135) were reportedly ferried for storage at Victorville (VCV) this week, lending support to rumors that the all-cargo carrier is now looking to sell or lease out the freighters. In mid-June of this year, NCA was forced to ground its entire eleven-unit 747F […]
  • Caryn Livingston
  • November 8, 2018

Freighter aircraft transactions through the end of October

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
  • November 5, 2018

Atlas 3Q performance, peak season expectations strong

Atlas Air Worldwide Holdings (AAWW) reported third-quarter net income of $71.1 million, up from a net loss of $24.2 million for 3Q 2017, and expects strong performance for the fourth quarter on expectations of a record peak season. Operating income was up by 3.3% year-over-year during the quarter, to $54.5 million, while total operating revenues […]
  • Caryn Livingston
  • November 1, 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

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
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