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 […]

All eyes on Amazon… and Brazil

After a severe three-year recession that began in 2014, Brazil’s economy appears to be on the rebound, with GDP growth of 0.7%, y-o-y in 2017, and expected growth of 1.9% this year, according to the IMF. Although this will not be nearly enough to reverse contractions of 3.8% in 2015, 3.6% in 2016, it is […]

Tianjin Air Cargo outlines plans to become a major integrator

Last week, Shanghai-based Suparna Airlines announced it was selling two 737-400Fs to its sister carrier, Tianjin Air Cargo (previously translated from Chinese into English as Tianjin Cargo Airlines) in a transaction valued at US $14.5 million [FATs 004302 – 4303]. Once the aircraft transfer is complete, Tianjin Air Cargo will have the three aircraft it […]

The next big freighter?

What are the widebody freighter options going to be five years from now? As things stand today, those options look to be diminishing rapidly. There are currently four active production freighter programs: Airbus offers the A330-200F, while Boeing offers the 767-300F, 777F and 747-8F. But not only is the clock ticking on all four of […]
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