All Atlas Air articles
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NewsAtlas CEO Dietrich retires; to be replaced by CCO Michael Steen
Atlas Air Worldwide Holdings has said chief commercial officer Michael Steen will succeed retiring CEO John Dietrich next month.
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News
Investment group completes Atlas Air acquisition
An investment group led by Apollo Global Management has completed its acquisition of US cargo and charter airline Atlas Air Worldwide Holdings, closing a deal announced last August.
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News
US regulators approve deal to take Atlas Air private
US cargo carrier Atlas Air has received regulatory approval to be acquired by an investor group led by Apollo Global Management, which would de-list Atlas from the Nasdaq stock exchange.
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News
Soon-to-be-acquired Atlas Air posts profitable Q4, but cargo demand slips from 2021
US air cargo company Atlas Air Worldwide made $126 million during its fourth quarter of 2022 and $356 million for the full year – “one of the best years in Atlas’ history”, chief executive John Dietrich said on 23 February. The freight hauler’s results were down from 2021, however.
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News
Boeing 747 Freighters will maintain value: Atlas Air CEO
Atlas Air Worldwide Holdings, the buyer of Boeing’s final four 747s, expects the jumbo jets will maintain their value over time – and plans to operate them for up to half a century.
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News
Final Boeing 747 departs Everett for its new home
The final Boeing 747 to be built left the airframer’s Everett, Washington plant on 1 February, closing a five-decade-long era for the US airframer.
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In depth
‘Magic here’: Boeing delivers final iconic Queen of the Skies
Current and former employees bid the iconic Boeing 747 a fond and tearful farewell, as the US airframer delivers its final “Queen of the Skies” to Atlas Air.
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News
FAA issues Airworthiness Directive for Boeing 747 fuel tank issue
The Federal Aviation Administration has issued an airworthiness directive (AD) for certain Boeing 747 models following safety concerns about a pump in the aircraft type’s horizontal stabilizer fuel tank.
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News
Atlas Air shareholders approve acquisition by Apollo Global Management
US air cargo company Atlas Air Worldwide came closer to going private on 29 November as shareholders voted to approve a pending acquisition by an investor group led by Apollo Global Management.
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News
MSC Mediterranean launches air cargo operation with first Boeing 777 freighter
MSC Mediterranean Shipping stepped into the air cargo industry on 28 November as its operating partner Atlas Air took delivery of a Boeing 777-200 freighter, which Atlas will operate on behalf of MSC.
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News
Atlas Air posts $60.1 million Q3 profit with acquisition looming
Third-quarter profits were down year-on-year for Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, as the airline grappled with “operational disruptions”.
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News
Boeing 747-400LCF Dreamlifter sheds wheel on take-off from Taranto
One of the modified Boeing 747-400s used by the airframer for 787 aerostructure transport has apparently suffered a landing-gear malfunction during take-off from Taranto. Video footage circulating on social media purportedly shows one of the aircraft’s main landing-gear wheels detaching and falling, trailing smoke, to the ground as the jet ...
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News
Atlas Q2 revenue climbs to $1.2b due to greater cargo demand
Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, profited from greater cargo volumes amid restricted capacity in the second quarter of 2022.
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News
Apollo-led investor group to acquire Atlas Air Worldwide for $5.2bn
US freight and passenger carrier Atlas Air Worldwide Holdings has agreed to be acquired by an investor group led by Apollo Global Management in an all-cash deal worth $5.2 billion.
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News
Atlas takes another 747-8F, bringing Boeing’s 747 backlog to just three
Boeing has delivered to Atlas Air another 747-8 Freighter, leaving the airframer with just three undelivered 747-8Fs and bringing the jumbo jet’s 50-year-plus production run one step nearer to the end.
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News
Atlas’ long-term dedicated-freighter contracts drives higher earnings
Atlas Air Worldwide Holdings, the parent of Atlas Air, says long-term contracts for dedicated freighter capacity are fueling growth and profits, and driving fleet expansion.
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News
Atlas posts Q4 profit as demand remains high
Atlas Air Worldwide Holdings, the parent of Atlas Air, reported a healthy profit for the fourth quarter of 2021 which it attributes to high demand, increased aircraft utilisation, lower maintenance costs and new and extended long-term customer contracts.
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Analysis
Atlas Air Worldwide orders another four 777Fs
US air cargo company Atlas Air Worldwide Holdings has ordered four Boeing 777 Freighters, handing the airframer another in a string of recent freighter wins.
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News
Atlas transitions Southern Air onto a single operating certificate
Atlas Air Worldwide Holdings has completed the transition to bring its subsidiary Southern Air onto a single operating certificate.
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News
Atlas Air tops $1b in quarterly revenues for first time
Atlas Air Worldwide Holdings reported strong third-quarter results as the demand for air freight transportation continues to outstrip supply, and problems with ground-based shipping networks are slowing down the global supply chain.
