21 Air to begin US-Mexico cargo ops

After receiving approval from the United States Department of Transportation, North Carolina-based cargo carrier 21 Air plans to begin scheduled cargo operations between the U.S. and Mexico. The carrier operates two 767 freighters and “looks forward to entering into a long-term ACMI contract with a multi-billion airline group and a global player,” the carrier said […]

Atlas to fly 747-8Fs on behalf of Qantas Freight

Atlas Air Worldwide Holdings, which has had a long-standing ACMI lease agreement with Qantas Freight for the operation of two 747-400 freighters, said in a statement today that the agreement will be upgauged to cover ACMI leases of two 747-8Fs. According to flight tracking software FlightAware, the two -400Fs have flown trans-Pacific routes connecting Australia, […]

Atlas Air’s Q1 net income down, but Amazon deal raises spirits

Soon after announcing its blockbuster 20 freighter/20 percent stake deal today with Amazon, Atlas Air Worldwide Holdings (AAWW) released its first-quarter results for 2016, showing a drastic dip in net income from US$25.8 million in Q1 2015 to just $7.7 million in three months ended March 31, 2016. CEO William Flynn, however, remained upbeat, saying […]

Atlas Air reports improved cargo demand

Atlas Air Worldwide Holdings announced adjusted net income of US$15.9 million (11.8 million euros) for Q2, compared with US$20.4 million (15.2 million euros) for Q2 of 2013. “We are off to a good start in 2014. Airfreight demand is improving, and we are encouraged about our full-year outlook,” William J. Flynn, president and CEO, said. […]

New air cargo ACMI company formed

Two weeks ago, 21 Air began service as an ACMI and charter company. The company, based in North Carolina, plans to target small- to medium-size airlines and air cargo companies. 21 Air is starting with a B767-200ERSF. It will add a second aircraft by the end of May. These two planes will be based at Miami International […]
  • May 8, 2014