Court rules in favour of Atlas Air and against union
Atlas Air Worldwide Holdings has succeeded in its legal dispute with the pilot union, ordering them to negotiate a new deal. The decision by the US Court of Appeals for the Second Circuit upholds a 13 March 2018 decision by the Southern District Court of New York compelling the union, the International Brotherhood of Teamsters […]
Atlas Air faces tough questions about Q3 results
Atlas Air Worldwide Holdings faced tough questions about how the business was being run during its third quarter earnings call. Adjusted income from continuing operations net of taxes was down 78.3% in the third quarter to $9.5 million and 64.8% to $41.3 million in the nine months to 30 September. The third quarter performance was […]
Hactl to handle Southern Air flights in Hong Kong
Cargo handler Hong Kong Air Cargo Terminals (Hactl) has been awarded the contract to provide ramp handling for freighter operator Southern Air. The Kentucky-based subsidiary of Atlas Air Worldwide Holding operates 21 rotations a week through Hong Kong, serving Anchorage, Cincinnati, New York, Miami, Los Angeles, Leipzig, Milan, Sharjah, Bahrain and Seoul. All services to […]
Atlas Air extends lease on New York headquarters
Atlas Air Worldwide Holdings has renewed and extended the lease on its Purchase, New York corporate headquarters. The plans include creating 100 additional jobs and enhancing the offices to accommodate its growing employee base and business growth. Purchase has been its headquarters since 2000 and Atlas Air employs 568 employees in New York. Eric Gertler, […]
Atlas Air pilots ordered to negotiate new agreement
Atlas Air pilots have been ordered to negotiate for a joint collective bargaining agreement (JCBA) following an arbitration decision on Monday 26 August. The collective bargaining agreement (CBA) applies to Atlas Air’s acquisition of Southern Air, and Atlas says it confirms their position that the union, Airline Professionals Association – Teamsters Local 1224 violated the […]
Atlas Air chairman Robert Agnew passes away
Robert Agnew, chairman of the board of directors for Atlas Air Worldwide Holdings passed away early last week. Board member since July 2004 and chairman of the board since 2017, Agnew served on the nominating and governance committee, and previously was the chair of the audit committee. The aviation leader was also president and chief […]
Atlas Air to open Kentucky global operations centre
Atlas Air Worldwide Holdings will expand operations in Kentucky with the opening of a global operations centre in Erlanger. The facility is located near Cincinnati/Northern Kentucky International Airport and having secured a long-term lease, it is expected to open in 2021. Atlas Air employs 318 professionals, including 182 Kentuckians at facilities in northern Kentucky including […]
Pilots dispute court ruling and demand a rehearing
Pilots flying for Atlas Air and Polar Air Cargo have demanded a rehearing after the US Court of Appeals ordered them to stop an “intentional and illegal work slowdown”. The lawsuit was filed in September 2017 by the airlines alleging the International Brotherhood of Teamsters and the Airline Professionals Association, Teamsters Local 1224 were responsible […]
Southern Air claims arbitration victory over pilots
Atlas Air Worldwide Holdings has claimed victory over unions after Southern Air pilots were ordered to negotiate a new joint collective bargaining agreement, much to the anger of the pilots. On 12 June, Southern Air pilots represented by the Airline Professionals Association, Teamsters Local 1224 were ordered to proceed with the negotiations relating to the […]
Unhappy pilots picket Amazon shareholder meeting
Amazon investors and board members gathering at the annual shareholder meeting were greeted by pilots flying for Amazon Air contracted carriers raising concerns about working conditions. The pilots who work for Atlas Air, Southern Air and ABX Air protested outside the meeting on Wednesday 22 May, holding picket signs and running a mobile billboard that […]
ALTA welcomes Atlas Air as newest member
Atlas Air Worldwide Holdings has joined the Latin American and Caribbean Air Transport Association (ALTA), making it the fourth airline to join ALTA in 2018. The airline owns the world’s largest fleet of Boeing 747 Freighters and provides customers with Boeing 737s, 747s, 757s, 767s and 777s for domestic, regional and international cargo and passenger […]
Atlas Air gains injunction against IBT but union warns problems remain
Atlas Air and Polar Air Cargo’s request for an injunction against the International Brotherhood of Teamsters (IBT) to stop its “illegal work slowdown” has been granted, but the union warn this will not solve problems. The subsidiaries of Atlas Air Worldwide Holdings requested the injunction accusing the IBT of engaging an in “unlawful, concerted work […]
Atlas Air losses increase in Q3 despite volume and revenue growth
Atlas Air Worldwide has seen losses increase to $24.1 million in the third quarter despite significant growth in revenue and volumes. The losses are up from $7.9 million in the same period of 2016, though revenue rose from $448 million in 2016 to $535.7 million this year. Year to date profits were up from $13 […]
Atlas Air and Polar Air Cargo seek preliminary injunction to stop “illegal slowdown”
Atlas Air and Polar Air Cargo – subsidiaries of Atlas Air Worldwide Holdings – announced yesterday they are seeking a preliminary court injunction to stop what they say is an “illegal slowdown” of work. The injunction accuses the trade unions representing pilots – the International Brotherhood of Teamsters, the International Brotherhood of Teamsters, Airline Division, and […]
Atlas Air off to an “exciting start” in Q1
Atlas Air Worldwide has reported income from continuing operations, net of taxes, in the first quarter of 2017 was $8.3 million compared with $7.7 million in Q1 last year. President and chief executive officer, William J. Flynn (pictured below) says the company is off to an “exciting start in 2017” and is building on its 2016 achievements and growing earnings […]
TIACA’s Air Cargo Forum coming to Paris
The City of Lights – Paris – will be the stage for The International Air Cargo Association’s (TIACA) 28th Air Cargo Forum (ACF) & Exhibition and it is set to be the biggest yet. ACF will be held from 26-28 October at Porte de Versailles in the centre of the French capital and the nation’s […]
Atlas Air to provide FedEx with five B747-400Fs
Atlas Air Worldwide Holdings has signed a five-year agreement with FedEx Express to provide it with five Boeing 747-400 Freighters for peak flying seasons beginning in 2017 and lasting through to 2021. Peak season flying generally occurs in the month of December and potentially earlier. An agreement to provide five aircraft for the 2016 peak season […]
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 […]