Top News on Polar Air Cargo

  • Atlas Air confirms $3.4bn order for 12 Boeing 747-8 freighters


    <P>Atlas Air Worldwide has placed an order for up to 26 Boeing 747-8 freighters.</P> <P>The deal, <A href="http://www.flightglobal.com/Articles/2006/08/21/208519/Atlas+Air+and+Polar+Air+Cargo+parent+group+maps+out+plan+to+order+Boeing+747-8Fs+for+its+fleet.html" target=_blank>which <EM>Flight</EM> first reported in August</A>, includes 12 firm orders at a value of $3.4 billion at list prices. Atlas Air also has options and purchase rights on an additional 14 aircraft.</P> <P>Deliveries are scheduled to start in 2010, and all 12 firm orders are expected to be in service by the end of 2011, the US cargo operator says in a statement.</P> <P>“With this order, [Atlas Air Worldwide] continues its market leadership by launching the next generation 747 freighter for its customers,” notes Atlas Air.</P> <P>President and chief executive William Flynn adds: “Worldwide air cargo traffic is projected to grow by over six percent annually for the next two decades, tripling over current traffic level


  • Other News for Polar Air Cargo

  • US charter and cargo carriers question proposed Afghanistan flight restrictions


    A proposed rule that would limit civilian and commercial flights within Afghanistan airspace could pose financial...


  • Atlas Air agrees 747-8F rescheduling


    Atlas Air Worldwide Holdings, parent of freight carriers Atlas Air and Polar Air Cargo, has rescheduled the delivery of...


  • Atlas seeks compensation for 747-8F delays


    <p>Atlas Air is in talks with Boeing over compensation for delivery delays to the 12 Boeing 747-8Fs it has on order and...


  • News Listings for Polar Air Cargo

  • China Airlines pays $90m to settle cargo price-fixing case

    News | 09 May 2014 15:02 | Kristin Majcher

    ​Taiwan’s China Airlines will pay $90 million to firms that purchased air cargo shipping services to settle out of a cargo price fixing case, a release from Washington-based law firm Hausfeld shows.http://www.flightglobal.com/news/articles/China-Airlines-pays-90m-to-settle-cargo-price-fixing-case-399105/
  • Atlas Air places two 747-8s with DHL Express

    News | 01 May 2014 23:34

    ​Atlas Air has placed two Boeing 747-8F with DHL Express under aircraft, crews, maintenance and insurance (ACMI) agreements, says the carrier's  president and chief executive William Flynn during a 1 May earnings call.http://www.flightglobal.com/news/articles/Atlas-Air-places-two-747-8s-with-DHL-Express-398812/
  • Air Incheon to begin Tokyo Narita freighter services

    News | 15 Apr 2014 07:35 | Firdaus Hashim

    South Korean freight carrier Air Incheon will begin a Seoul Incheon-Tokyo Narita service from 21 April.http://www.flightglobal.com/news/articles/Air-Incheon-to-begin-Tokyo-Narita-freighter-services-398239/
  • Hong Kong Airlines adds Incheon to freighter network

    News | 03 Mar 2014 03:56 | Ellis Taylor

    ​Hong Kong Airlines commenced a three times weekly freighter service from Hong Kong to Seoul-Incheon on 27 February.http://www.flightglobal.com/news/articles/Hong-Kong-Airlines-adds-Incheon-to-freighter-network-396480/
  • Atlas Air narrows Q3 net profit to $23.7 million

    News | 07 Nov 2013 22:14 | Kristin Majcher

    ​Atlas Air Worldwide Holdings narrowed its reported net profit to $23.7 million in the third quarter, compared to $33.9 million in the same three months of 2012.http://www.flightglobal.com/news/articles/Atlas-Air-narrows-Q3-net-profit-to-237-million-392723/
  • Atlas Air profitability challenged by cargo market

    News | 01 Nov 2013 20:38

    ​Pressure on yields in the commercial airfreight market and a decline in military cargo volumes will challenge Atlas Air Worldwide's expected profitability in the second half of the year, says the cargo company in a statement released ahead of its third quarter earnings call on 7 November.http://www.flightglobal.com/news/articles/Atlas-Air-profitability-challenged-by-cargo-market-392484/