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Airline news

Atlas Air Worldwide Announces Agreement with Amazon to Provide Air Transport Service

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced today that it will provide air cargo services to support Amazon’s (Nasdaq: AMZN) package deliveries to its customers. The new agreements are expected to be meaningfully accretive to Atlas Air Worldwide’s earnings and cash flows over time. “We are excited to begin a strategic long-term relationship with Amazon to support […]

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Airline news

Atlas Air Worldwide Acquires Southern Air

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today (07.04) said it has completed its acquisition of privately held Southern Air Holdings, Inc., a premier provider of intercontinental and domestic CMI (crew, maintenance and insurance) services, in an immediately accretive transaction for cash consideration of approximately $110 million, subject to customary adjustments. The company did not […]

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Airline news

Atlas Air Worldwide to Acquire Southern Air

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today (19.01) said that it has entered into a definitive agreement to acquire privately held Southern Air Holdings, Inc., a premier provider of intercontinental and domestic air cargo services, in an immediately accretive, all-cash, debt-free transaction valued at approximately $110 million. The transaction is subject to customary closing […]

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Civil company news

Atlas Air Worldwide Announces Placement of Two Additional Boeing 747 Freighters in ACMI Service for DHL Express

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the placement of two incremental Boeing 747 freighters into ACMI service. The two aircraft, a 747-8F and a 747-400F, will be operated in Polar Air Cargo Worldwide’s express network under an ACMI arrangement for the benefit of DHL Express, the world’s leading international express shipping company, […]

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Civil company news

Atlas Air Worldwide Announces New 747-8F ACMI Contract with BST Logistics (Hong Kong) Company Limited

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today announced that its Atlas Air, Inc. unit has entered into a contract with BST Logistics (Hong Kong) Company Limited (BST Logistics), a business partner of Navitrans International Freight Forwarding Co., Ltd., to provide Boeing 747-8 Freighter […]

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Airline news

Atlas Air Worldwide Announces New 747-400 ACMI Contract with Astral Aviation

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today announced that its Atlas Air, Inc. unit has entered into a contract with Astral Aviation Limited, a Kenya-based cargo airline, to provide Boeing 747-400 Freighter service. The contract is for one aircraft under an ACMI (Aircraft, […]