Atlas 3Q earnings take hit from tariffs and trade tensions

While total block hours were up 7.7% year-over-year, Atlas Air Worldwide Holdings reported an operating loss of $0.88 million for the third quarter of 2019, a 102% drop year-on-year. Adjusted net income was $9.5 million, 78% lower than 3Q 2018. Block-hour growth was mainly driven by CMI flying. During the third quarter of 2019, Atlas […]

CFS 2019: Outsized cargo transportation after the 747-8F

SAN DIEGO  – “We don’t see a clear successor to the 747-8F, the 747-400F or the An-124,” said Michael Steen, COO, Atlas Air Worldwide during a discussion about widebody freighters at Cargo Facts Symposium 2019. Atlas Air is currently the operator of the world’s largest fleet of nose-loading freighters, which are used not only for […]

Cargo Facts Symposium Day 1: key takeaways

SAN DIEGO – A crowd of distinguished air cargo executives gathered for Cargo Facts Symposium 2019, held at the Intercontinental San Diego. Although the air cargo industry faces uncertainty on multiple fronts such as trade and political headwinds, and aircraft program complications, delegates remain overwhelmingly upbeat on long-term growth prospects for the industry. A few […]

ATSG will start flying for Amazon 767Fs previously operated by Atlas

Amazon is shifting 767-300Fs from Atlas Air to ATSG affiliate carrier Air Transport International (ATI) for CMI flying, Cargo Facts has learned. Although Atlas’ leasing affiliate, Titan Aviation Holdings, will continue to lease nineteen freighter-converted 767-300Fs to Amazon, CMI operations for at least two aircraft will be “assigned by Amazon to another provider,” Atlas confirmed […]

Atlas Air adds another 767-300BCF

Atlas Air Worldwide Holdings has taken redelivery of a 767-300BCF (27568, ex-Neos) from Boeing and this week put it into commercial service with Atlas Air [FAT 005122]. Although the aircraft is currently utilized for routes that are consistent with Amazon’s own-controlled network, the 767-300BCF is not dry leased to Amazon like the other nineteen 767Fs […]

Second Atlas 747-8F begins flying for Qantas

Atlas Air put a second 747-8F into ACMI service for Qantas Freight [FAT 004829]. The aircraft is unit 37566, one of the two 747-8Fs that we predicted would operate for the Australian carrier, joining unit 37561. Unit 37566 positioned to New York (JFK) from Miami (MIA) on Aug, 28 and today started flying to Sydney (SYD) […]

Atlas puts first 747-8F into service for Qantas Freight

Atlas Air has placed the first of two 747-8Fs into operations for Qantas Freight [FAT 004828]. The aircraft arrived at the carrier’s hub in Sydney (SYD) today. Unit 37561, which was delivered to Atlas in Nov. 2011, was ferried from Miami (MIA) to New York (JFK) on Aug. 25 prior to its entry into ACMI […]
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