Top News on Polar Air Cargo

  • Atlas Air confirms $3.4bn order for 12 Boeing 747-8 freighters

    <P>Atlas Air Worldwide has placed an order for up to 26 Boeing 747-8 freighters.</P> <P>The deal, <A href="" target=_blank>which <EM>Flight</EM> first reported in August</A>, includes 12 firm orders at a value of $3.4 billion at list prices. Atlas Air also has options and purchase rights on an additional 14 aircraft.</P> <P>Deliveries are scheduled to start in 2010, and all 12 firm orders are expected to be in service by the end of 2011, the US cargo operator says in a statement.</P> <P>“With this order, [Atlas Air Worldwide] continues its market leadership by launching the next generation 747 freighter for its customers,” notes Atlas Air.</P> <P>President and chief executive William Flynn adds: “Worldwide air cargo traffic is projected to grow by over six percent annually for the next two decades, tripling over current traffic level

  • Other News for Polar Air Cargo

  • US charter and cargo carriers question proposed Afghanistan flight restrictions

    A proposed rule that would limit civilian and commercial flights within Afghanistan airspace could pose financial...

  • Atlas Air agrees 747-8F rescheduling

    Atlas Air Worldwide Holdings, parent of freight carriers Atlas Air and Polar Air Cargo, has rescheduled the delivery of...

  • Atlas seeks compensation for 747-8F delays

    <p>Atlas Air is in talks with Boeing over compensation for delivery delays to the 12 Boeing 747-8Fs it has on order and...

  • News Listings for Polar Air Cargo

  • Polar Air to operate two more 747s for DHL

    News | 23 Oct 2014 14:03 | Jon Hemmerdinger

    ​Polar Air Cargo will begin operating another two Boeing 747 freighters for shipping company DHL Express on 26 October, Polar’s parent company Atlas Air announces.
  • China Airlines pays $90m to settle cargo price-fixing case

    News | 09 May 2014 15:02 | Kristin Majcher

    ​Taiwan’s China Airlines will pay $90 million to firms that purchased air cargo shipping services to settle out of a cargo price fixing case, a release from Washington-based law firm Hausfeld shows.
  • Atlas Air places two 747-8s with DHL Express

    News | 01 May 2014 23:34

    ​Atlas Air has placed two Boeing 747-8F with DHL Express under aircraft, crews, maintenance and insurance (ACMI) agreements, says the carrier's  president and chief executive William Flynn during a 1 May earnings call.
  • Air Incheon to begin Tokyo Narita freighter services

    News | 15 Apr 2014 07:35 | Firdaus Hashim

    South Korean freight carrier Air Incheon will begin a Seoul Incheon-Tokyo Narita service from 21 April.
  • Hong Kong Airlines adds Incheon to freighter network

    News | 03 Mar 2014 03:56 | Ellis Taylor

    ​Hong Kong Airlines commenced a three times weekly freighter service from Hong Kong to Seoul-Incheon on 27 February.
  • Atlas Air narrows Q3 net profit to $23.7 million

    News | 07 Nov 2013 22:14 | Kristin Majcher

    ​Atlas Air Worldwide Holdings narrowed its reported net profit to $23.7 million in the third quarter, compared to $33.9 million in the same three months of 2012.