Atlas Air, Sharp Technics K Partner For MRO Facility At Incheon International Airport
Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) subsidiary Atlas Air, Inc. has signed a Memorandum of Agreement to enter into a joint venture with Sharp…
Atlas Air Worldwide Reports Its Atlas Air Subsidiary Signed Memorandum Of Understanding To Enter Joint Venture With Sharp Technics K To Develop Maintenance, Repair, Overhaul Facility In Incheon Int’l. Airport In South Korea, No Terms Disclosed
Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) announced today that its wholly-owned subsidiary Atlas Air, Inc. has signed a Memorandum of Agreement to enter into a joint venture with Sharp Technics K to develop a
Stealing Your Own Freight: O’Hare Cargo Delays Force Drastic Measures
Desperate logistics service providers in Chicago are resorting to a number of new tactics, including bribery and undercover extraction missions, to avoid worsening congestion that is trapping shipments for more than a week at O'Hare International Airport's cargo terminals, according to industry executives.
US Orders Six Commercial Airlines, Including Delta, American And United To Help In Afghanistan Evacuations
U.S. Defense Secretary Lloyd Austin has asked commercial airlines in the U.S. to provide planes to help in Afghanistan evacuation efforts.
Shanghai Airport Facility In COVID Lockdown, Cargo Backlog Expected
Multiple logistics companies are reporting that authorities have suspended operations in a major warehouse at Shanghai Pudong International Airport because of a COVID outbreak, putting a halt to most freighter activity at China's largest cargo airport.
Cargo Airlines Cancel Hundreds Of China Flights Amid COVID Outbreak
Chinese restrictions to control a spike in COVID infections have severely curtailed cargo operations at several airports and reduced crew availability, forcing airlines to cancel hundreds of flights as the peak shipping season kicks into high gear in a sector already struggling to keep up with high demand.
Understanding Atlas Air Worldwide Hldgs’s Unusual Options Activity
Shares of Atlas Air Worldwide Hldgs (NASDAQ:AAWW) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $71.79.
ATSG To Invest In A330 Passenger-To-Freighter Conversions
Air Transport Services Group said Thursday it will begin procuring Airbus A330 passenger jets and convert them into freighters as part of a broader strategy to expand its leasing business in support of express network operators that need bigger fleets to keep up with volume growth.
Atlas Air Buys Eight 747 Freighters Off Lease To Maintain Capacity
Atlas Air Worldwide (NASDAQ: AAWW) said Thursday it is purchasing eight Boeing 747-400 freighters as their leases expire between this summer and the end of 2022 to ensure capacity as strong air cargo volumes collide with supply shortages.
Atlas Air Worldwide Hldgs Q2 Adj. EPS $4.10 Beats $3.34 Estimate, Sales $990.40M Beat $949.27M Estimate
Atlas Air Worldwide Hldgs (NASDAQ:AAWW) reported quarterly earnings of $4.10 per share which beat the analyst consensus estimate of $3.34 by 22.75 percent. This is a 12.95 percent decrease over earnings of $4.71 per