CMI

Atlas posts $400M loss, parks four converted 747Fs

Atlas Air Worldwide Holdings today reported a net loss of $410.2 million for the fourth quarter of 2019, partly resulting from a non-cash special charge of $485.2 million related to the write-down of the company’s whole 747-400F fleet due to lower cargo yields and aircraft utilization. Atlas posted the loss despite block hours in the […]

DHL hands over third converted 767-300F to Kalitta

DHL Express has taken redelivery of a 767-300BDSF (27686, ex-Royal Air Maroc) and subsequently handed it over to U.S.-based Kalitta Air to be operated on a CMI basis [FATs 005264-005265]. The 767 was ferried to Mexico City (MEX) in March 2019 to be inducted for conversion into freighter configuration by Israel Aerospace Industries (IAI) at the Mexicana MRO Services facility. […]

Amazon reassigns second 767F to ATSG

Air Transport Services Group (ATSG) affiliate carrier Air Transport International (ATI) has begun operating for Amazon another 767-300BDSF (28495, ex-S7 Airlines) that was previously flown for the e-tailer by Atlas Air [FATs 005250-005251]. This is the second aircraft that Amazon has transferred from Atlas to ATSG. On Sept. 25, unit 28495 flew from Jacksonville (VQQ) to […]

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 […]

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 […]
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