10.2% per cargo uplift at Sea-Tac in 2016
Seattle-Tacoma (Sea-Tac) International Airport saw cargo surge for the fifth consecutive year in 2016 as it handled 366,000 tonnes – an increase of 10.2 per cent on 2015. The gateway welcomed four new airfreight carriers last year in the shape of DHL Express, AeroLogic, PrimeAir for Amazon, and AirBridgeCargo Airlines, which helped boost the total. […]
Atlas Air upbeat on future of air cargo as it looks to e-commerce
This year has been a busy one for Atlas Air with the $106 million acquisition of Southern Air and the landmark agreement to provide air cargo services for Amazon. Last month, Atlas posted a loss from continuing operations, net of taxes, of $7.5 million for the third quarter (Q3) ending 30 September 2016, better than […]
Amazon carries out first UK Prime Air drone delivery
Amazon has made its first successful Prime Air drone delivery service to homes in Cambridge – in the UK. The trial is only open to two customers in UK who have huge gardens, live close to an Amazon depot and want items that weigh less than 2.6 kilogrammes, but the online retail giant says it hopes to […]
Atlas Air posts pre-tax loss of $7.5 million in Q3
Atlas Air Worldwide has announced a loss from continuing operations, net of taxes, of $7.5 million for the third quarter (Q3) ending 30 September 2016. Atlas says results for Q3 were primarily due to the impact of non-deductible expenses triggered by shareholder approval of warrants granted to Amazon in connection with long-term agreements to dry lease […]
Amazon facing fourth fine of the year from FAA for hazmat breaches
Amazon.com is facing another fine from the Federal Aviation Administration (FAA) for breaching hazardous materials regulations, its fourth civil penalty of the year. The Department of Transportation’s FAA is proposing a fine of $78,000 for allegedly offering FedEx a shipment containing flammable liquids from Ruskin, Florida to Algonquin, Illinois on 7 August 2015. The package […]
Amazon fined £65,000 for breaching dangerous goods regulations
Online retailer Amazon has been fined £65,000 ($85,000) for breaching dangerous goods regulations in the UK. Amazon was sentenced at Southwark Crown Court for four counts ‘of causing dangerous goods to be delivered for carriage in an aircraft’ under the Air Navigation (Dangerous Goods) Regulations 2002. In addition to the £65,000 fine, Amazon was also […]
Amazon guilty of shipping dangerous goods in the UK
Amazon has been found guilty in the UK of shipping dangerous goods by air following a prosecution by the Civil Aviation Authority (CAA). The online retailer was found guilty by a jury at Southwark Crown Court on 20 September 2016 on four counts ‘of causing dangerous goods to be delivered for carriage in an aircraft’ […]
Revenues rise in Q2 of 19% for ATSG
Air Transport Services Group (ATSG) has seen revenues rise 19 per cent to $176.5 million in the second quarter (Q2) ending 30 June, compared to the same quarter last year. ATSG says the increase included contributions from 35 Boeing 767 cargo aircraft leased to external customers at 30 June, six more than a year earlier. Eight […]
Amazon shows off first freighter aircraft at Seafair Air Show
Amazon has showcased its first branded freighter aircraft, named Amazon One, at the Seafair Air Show in Seattle. The Atlas Air provided Boeing 767-300 Freighter is the first of 40 aircraft the online retailer has agreed to lease through Atlas Air and ATSG. The aircraft is branded Prime Air, the name of its experimental drone […]
First Atlas Air provided Amazon freighter due in the next quarter
Atlas Air is hoping to provide online retailer, Amazon with its first aircraft in the next quarter as it announced its first half profits fell to $21 million due to acquisitions and investments. The aircraft outsourcer signed a deal with Amazon earlier this year to provide 20 Boeing 767-300s by the end of 2018 and […]
Amazon to team up with UK Government to test drones
Online retail giant Amazon is teaming up with the UK Government to start testing flying drones – also known as unmanned aerial vehicles – to deliver small parcels. Amazon’s is stumping up the money for the programme, which will look at the best way to allow drones to fly safely in UK airspace. It says […]
ATSG posts revenues rise of 21% in Q1
Air Transport Services Group (ATSG) has seen revenues increase by 21 per cent in first quarter (Q1) of 2016 to $177.4 million. The aircraft lessor says results are up to 31 March, 2016 and excluding revenues from reimbursed expenses, revenues rose 18 per cent. This increase included contributions from five more dry leases of Boeing 767 cargo aircraft […]
Atlas Air Worldwide sees net income fall in Q1
Atlas Air Worldwide Holdings has recorded a net income of $7.7 million for the three months ended 31 March, 2016, compared with $25.8 million in the first quarter (Q1) last year. Total operating revenue in Q1 2016, was $418 million, down on the $444 million in Q1 2015. Atlas says in the charter market, results on […]
Atlas Air strikes air cargo services agreement with Amazon
Atlas Air Worldwide will provide air cargo services to support Amazon’s package deliveries to its customers, which the carrier expects will boost earnings and cash flows over time. The long-term commercial agreements will include the operation of 20 Boeing 767-300 converted freighters for Amazon on a CMI (crew, maintenance and insurance) basis by Atlas Air […]
ATSG confirms freighter operation deal with Amazon
Air Transport Services Group (ATSG) has announced today agreements with Amazon Fulfillment Services, an affiliate of Amazon.com – to operate an air cargo network to serve Amazon customers in the USA. The network from Wilmington, Ohio, will see the aircraft lessor lease 20 ATSG-owned Boeing 767 Freighter’s, logistics support while online retail giant Amazon has […]
ATSG forecasts better than expected results for 2015
Air Transport Services Group (ATSG) says that due primarily to better-than-expected results from its airline operations in the fourth quarter (Q4), its financial results for 2015 are likely to exceed management’s earlier guidance. The aircraft lessor and air cargo transportation firm now projects its Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) from continuing operations, […]
Amazon to launch own air service, reports claim
Amazon.com is negotiating to lease 20 Boeing 767 Freighter aircraft to use as part of a US domestic air service, according to reports in the US. Media outlets claim that the online retail giant wants to build its own cargo operations to avoid delays from other carriers, which reports claim if feel have struggled to keep up […]
Amazon to build facility in Rickenbacker
Online retail giant Amazon has announced plans to build a one-million-square-foot fulfillment center in the Rickenbacker Global Logistics Park, on the doorstep of Rickenbacker International Airport. This gives a boost to Rickenbacker Inland Port’s growing reputation as a prime location for businesses to move goods through the US and around the world. Rickenbacker airport continues […]
