All Atlas Air articles – Page 2
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News
Atlas Air posts $60.1 million Q3 profit with acquisition looming
Third-quarter profits were down year-on-year for Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, as the airline grappled with “operational disruptions”.
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Boeing 747-400LCF Dreamlifter sheds wheel on take-off from Taranto
One of the modified Boeing 747-400s used by the airframer for 787 aerostructure transport has apparently suffered a landing-gear malfunction during take-off from Taranto. Video footage circulating on social media purportedly shows one of the aircraft’s main landing-gear wheels detaching and falling, trailing smoke, to the ground as the jet ...
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Atlas Q2 revenue climbs to $1.2b due to greater cargo demand
Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, profited from greater cargo volumes amid restricted capacity in the second quarter of 2022.
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Apollo-led investor group to acquire Atlas Air Worldwide for $5.2bn
US freight and passenger carrier Atlas Air Worldwide Holdings has agreed to be acquired by an investor group led by Apollo Global Management in an all-cash deal worth $5.2 billion.
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Atlas takes another 747-8F, bringing Boeing’s 747 backlog to just three
Boeing has delivered to Atlas Air another 747-8 Freighter, leaving the airframer with just three undelivered 747-8Fs and bringing the jumbo jet’s 50-year-plus production run one step nearer to the end.
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Atlas’ long-term dedicated-freighter contracts drives higher earnings
Atlas Air Worldwide Holdings, the parent of Atlas Air, says long-term contracts for dedicated freighter capacity are fueling growth and profits, and driving fleet expansion.
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Atlas posts Q4 profit as demand remains high
Atlas Air Worldwide Holdings, the parent of Atlas Air, reported a healthy profit for the fourth quarter of 2021 which it attributes to high demand, increased aircraft utilisation, lower maintenance costs and new and extended long-term customer contracts.
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Atlas Air Worldwide orders another four 777Fs
US air cargo company Atlas Air Worldwide Holdings has ordered four Boeing 777 Freighters, handing the airframer another in a string of recent freighter wins.
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Atlas transitions Southern Air onto a single operating certificate
Atlas Air Worldwide Holdings has completed the transition to bring its subsidiary Southern Air onto a single operating certificate.
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Atlas Air tops $1b in quarterly revenues for first time
Atlas Air Worldwide Holdings reported strong third-quarter results as the demand for air freight transportation continues to outstrip supply, and problems with ground-based shipping networks are slowing down the global supply chain.
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Effective scan could stop inadvertent go-around escalation: FAA
US authorities are stressing the importance of proper instrument cross-checks on Boeing 757s and 767s to prevent escalation of incidents caused by inadvertent activation of go-around mode on the types. The warning follows the fatal accident involving an Atlas Air 767 freighter on approach to Houston in February 2019, the ...
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US military activates civil aviation for humanitarian airlift
The US military has asked airlines to participate in the humanitarian and diplomatic airlift from Afghanistan.
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Atlas Air’s Q2 profit rises as airfreight remains in high demand
Atlas Air Worldwide Holdings boosted its second quarter earnings as demand for air cargo services remains high.
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Porpoising and bounced landing badly damaged Atlas Air 767
US investigators have determined that improper flare technique led to a porpoised and bounced landing at Portsmouth, New Hampshire, badly damaging an Atlas Air Boeing 767-300ER. The aircraft had been arriving on a charter service from Frankfurt’s secondary Hahn airport, transporting 240 passengers with a crew of 10, on 27 ...
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Atlas posts $90m profit as cargo business soars
Atlas Air Worldwide Holdings continues to profit from higher freight demand during the global health crisis, as long-haul passenger flights - and the belly cargo that is transported in them - are still far from pre-pandemic levels.
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Two Icelandair 767s to be converted to freighters in leaseback deal
Icelandair Group has reached a sale-and-leaseback agreement for a pair of Boeing 767-300ER which will be converted into freighters. The aircraft are being sold to Atlas Air Worldwide Holdings’ associated joint venture Titan Aircraft Investments. Icelandair Group says the 767s will be converted in spring next year and be re-introduced, ...
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Atlas reports $495 million profit for 2020
Atlas Air Worldwide Holdings generated an operating profit of $495 million for the full year 2020 despite the coronavirus pandemic downturn making it the worst year in history for air cargo demand, reversing its fortunes from an operating loss of $461 million in 2019.
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Atlas orders the final four production 747-8 freighters
The parent company of Atlas Air has ordered four new Boeing 747-8 freighters amid the ongoing shortage of air freight capacity that increases demand for cargo services during the coronavirus pandemic. Atlas will dry lease the 747s through its subsidiary Titan Aviation Leasing, reasserting its claim to be the world’s ...
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Atlas completes transatlantic flight using sustainable aviation fuel
Cargo carrier Atlas Air Worldwide has completed a test flight from Europe to Latin America using sustainable aviation fuel (SAF) sourced from fresh vegetable oil.
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Virgin Atlantic’s last 747-400 set to be recruited as troopship
UK long-haul airline Virgin Atlantic Airways is preparing to withdraw its final Boeing 747-400, which is set to be transformed into a US-operated troop carrier. The aircraft (G-VROY), parked at the airline’s London Heathrow maintenance hangar, has undergone an acceptance check by its lessor. FlightGlobal understands that the aircraft is ...
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