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… Czytaj dalej Atlas Air Worldwide Announces Agreement with Amazon to Provide Air Transport Service

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… Czytaj dalej Atlas Air Worldwide Acquires Southern Air

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… Czytaj dalej Atlas Air Worldwide to Acquire Southern Air

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

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

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,… Czytaj dalej Atlas Air Worldwide Announces New 747-400 ACMI Contract with Astral Aviation