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”. The Purchase, New York-based airline said on 3 November that ...

Turkish Airlines has taken delivery of its ninth B777 freighter as the air cargo sector continues to show resilience despite challenging economic conditions

An Atlas Air Boeing 747 was headed to Luis Muñoz Marin International Airport in Puerto Rico when it caught fire. File Photo by Paul Weatherman/Boeing/UPI Jan. 19 (UPI) --The Federal Aviation Administration announced it was investigating an Atlas Air ...

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. The deal, which would de-list Atlas from the Nasdaq stock ...

PURCHASE, N.Y.--(BUSINESS WIRE)--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 signed an agreement to operate a VIP ...

I believe that the deal is a good one for Apollo Global Management in its effort to expand its business in the airline industry. In 2019, Apollo acquired PK AirFinance, which is a specialized aircraft and aircraft engine lending business. Earlier this year ...

MIAMI -- A Boeing cargo plane was caught on video appearing to spark after reporting an engine failure over Florida, according to the Federal Aviation Administration and video. Atlas Air Flight 95, a Boeing 747 cargo plane, returned safely to Miami ...

Atlas Air Worldwide Cargo is getting a new headquarters in White Plains. The cargo shipping airline's current headquarters is expected to move from Purchase to White Plains in January 2024. Atlas said the company will invest more than $4 million in the ...

PURCHASE, N.Y., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced an agreement to extend its long-standing partnership with Qantas Freight, the leading air freight carrier ...

Atlas Air has reportedly agreed to be acquired by private equity giant Apollo, with a deal announcement possible in the next few days. Atlas shares have been climbing all week as takeover chatter intensified. Although a bidding war is always possible, the ...