A strong quarter ends Atlas’ “historic” year

2016 was quite a year for Atlas Air Worldwide Holdings (AAWW). During the year, the company: Acquired Southern Air Holdings, including subsidiary carrier Southern Air, with its five 777Fs and five 737-400Fs, all in CMI operation for DHL, and Signed an agreement with Amazon, under which Atlas agreed to lease twenty 767-300 freighters to Amazon, […]
  • David Harris
  • February 23, 2017

DP-DHL denies forwarding business for sale

Deutsche Post-DHL has been prominent here at CargoFacts.com in the last week, so it seems fitting to cap things off with a final bit of news, and then some related videos for your weekend viewing pleasure. Today’s news, or perhaps anti-news, is that Frank Appel, DP-DHL’s CEO, issued a denial that the company’s troubled forwarding business […]
  • David Harris
  • February 19, 2016

Atlas looks ahead to 2016

On an operational basis, Atlas Air Worldwide Holdings (AAWW) had a solid fourth quarter and a very strong year in 2015. It’s reported fourth-quarter financial results were hit by a one-time charge related to settling an antitrust class action lawsuit, but operationally, both fourth-quarter and full-year performance was strong. After adjusting for the $100 million settlement, […]
  • David Harris
  • February 18, 2016

Atlas to acquire Southern Air – but it’s all about DHL

Atlas Air Worldwide Holdings (AAWW) signed a definitive agreement to acquire Southern Air Holdings, a privately held US company with two airline subsidiaries – Southern Air, and Florida West International Airways – for US$110 million. Atlas said it expected the acquisition to close “in the next few months,” assuming regulatory approval by the US Department […]
  • David Harris
  • January 19, 2016

Southern Air parent to acquire Florida West

Southern Air Holdings today announced that recently created subsidiary Worldwide Air Logistics Group has agreed to acquire Miami-based Florida West International Airways (FWIA). The deal is subject to regulatory approval, but when completed will see FWIA join Southern Air under the Worldwide Air Logistics Group umbrella. Southern currently operates four 777Fs and six 737-400Fs on […]
  • David Harris
  • February 18, 2015

ATSG enters 5-year agreement with DHL

US-based Air Transport Services Group (ATSG) completed a new five-year agreement with DHL. Under the agreement, which the two companies have been working toward for some time, ATSG will extend its flying in support of DHL’s US operations through March 2019. ATSG said some of the principal elements of the agreement were: Extended dry leases […]
  • David Harris
  • January 28, 2015

DHL continues to revamp its US air operations

DHL Express ended its disastrous attempt to compete in the US domestic express market in 2008, but since that time, its US international business has grown strongly. The company requires a considerable amount of dedicated lift to support this US business, including domestic feeder service as well as international lift. In the period immediately following […]
  • David Harris
  • August 28, 2014

Mystery freighter

Almost three years after it was parked, one of the former Jade Cargo 747-400ERFs looks like it may fly again. But for whom? In December 2011 Jade Cargo International, a joint venture of Air China and Lufthansa, ceased operation and grounded all six of its 747-400ERFs. These were relatively new aircraft, and despite the difficult […]
  • David Harris
  • July 15, 2014
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