Atlas Air
Atlas Air
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| Founded | 1992 | ||||||
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| Fleet size | 118 | ||||||
| Destinations | 426 | ||||||
| Parent company | Atlas Air Worldwide Holdings | ||||||
| Traded as | NASDAQ: AAWWS&P 600 Component | ||||||
| Headquarters | 2000 Westchester Avenue, Purchase, New York 10577 United States | ||||||
| Key people | William J. Flynn (CEO, President) | ||||||
| Revenue |  US$2.156B (FY 2017)[1] | ||||||
| Operating income | US$241.9M (FY 2017)[1] | ||||||
| Net income |  US$223.4M (FY 2017)[1] | ||||||
| Total assets | US$4.95B (FY 2017)[1] | ||||||
| Total equity | US$1.79B (FY 2017)[1] | ||||||
| Employees | 2870 | ||||||
| Website | http://www.atlasairworldwide.com | ||||||
Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, is a cargo airline, passenger charter airline, and aircraft lessor based in Purchase, New York.[2] The airline was named after Atlas, a Titan in Greek mythology, who carried the heavens on his shoulders. Their symbol on the plane's tail is a golden man carrying a golden world. With a total combined fleet of 54 Boeing 747 aircraft, Atlas is the world's largest operator of this iconic fleet type. The airline has 2870 employees and operates to 425 destinations in 119 countries.[3]
Contents
1 History
2 Operations
3 Destinations
4 Fleet
5 Passenger Service
6 Aircraft Leasing
7 Safety Issues
8 References
9 External links
History[edit]
B747-400F
Atlas Air began operations in 1992. The airline's founder, the late Michael Chowdry, started by leasing aircraft to other airlines on an Aircraft, Crew, Maintenance, and Insurance (ACMI) contract basis. The first customer, China Airlines, contracted one airplane to start ACMI service in 1993. By 1995, Atlas Air began trading publicly and in 1997, Atlas placed an order for 10 new Boeing 747-400 Freighters (Boeing 747-400F). Two additional 747-400 aircraft orders were placed in 1998.
On January 30, 2004, Atlas Air Worldwide entered Chapter 11 bankruptcy. In July 2004, the parent company completed its restructuring plan and emerged from Chapter 11 bankruptcy protection.[4]
In March 2010, Atlas Air was awarded a nine-year contract for the operation of the Boeing 747 Large Cargo Freighter (LCF) 'Dreamlifter' for transporting aircraft parts to Boeing from suppliers around the world. It commenced operation in September 2010 under a CMI (Crew, Maintenance and Insurance) contact.
In 2011, Atlas Air took the first North American delivery of the Boeing 747-8 Freighter (Boeing 747-8F).
In September 2012, Atlas Air renewed a training contract with the United States Air Force to continue to provide training for the pilots of Air Force One. The contract also provides training for the Presidential Airlift Group for a five-year period.[5]
On April 7, 2016, Atlas Air Worldwide Holdings purchased Southern Air for $110 million in an all-cash deal.[5] The transaction included Worldwide Air Logistics Group, Inc. and its two operating subsidiaries, Southern Air, Inc. and Florida West International Airways, Inc.
On May 5, 2016, Amazon.com and Atlas Air announced a deal for Amazon.com to lease 20 Boeing 767s in order to fuel growth to their new Amazon air freight service, branded as Amazon Air. The deal also warrants Amazon the ability to buy up to 30% stake in the company over the next 7 years. Under the agreement, Atlas Air Inc. will provide aircraft, crew, maintenance, and insurance that will last for 7 years.[6] This move comes after Amazon's similar deal with Air Transport International for 20 aircraft, also to be branded under Amazon Air.
In March 2017, Atlas Air Worldwide Holdings shut down Florida West International Airways and cancelled the operating certificate.
Operations[edit]
A 747-8F lines up on Runway 27 at CVG as a 747-400F lands on 18C
Atlas Air Worldwide Holdings is made up of Atlas Air, Inc., Polar Air Cargo., Southern Air Inc., and Titan Aviation Leasing. The airline headquarters is in Purchase, New York and it operates flights on an ACMI (Aircraft, Crew, Maintenance and Insurance) and Air Charter basis for some of the world's leading airlines, express operators, freight forwarders, charter brokers, global shippers and the U.S. Military, along with a dry-leasing freighter aircraft. Atlas Air has global operations established in Africa, Asia, the Pacific, Europe, the Middle East, North America and South America.
Crew bases are located at Miami International Airport, New York's John F. Kennedy International Airport, Los Angeles International Airport, Chicago O'hare International Airport, Seattle Paine Field, Cincinnati/Northern Kentucky International Airport, Anchorage International Airport, Houston's George Bush Intercontinental Airport, and Huntsville International Airport.[7]
Destinations[edit]
Loading Cargo in Miami
Atlas Air operates globally, with destinations throughout North America, South America, Europe, Asia, Africa, and Oceania. Specific destinations vary due to changing customer's needs and seasonal trends.
Fleet[edit]
Aircraft | In Service | Orders | Notes |
|---|---|---|---|
Boeing 737-300F | 1 | — | Leased to customer by Titan |
Boeing 737-400SF | 5 | — | Operated by Southern Air. |
Boeing 737-800 | 2 | — | Leased to customer by Titan (One Stored) |
Boeing 747-400 | 6 | — | Operated for passenger charter equipped with 474 seats. |
Boeing 747-400F | 11 | 4 | Operate Miami-South American routes or other ad hoc and military charters. |
| 6 | — | In hybrid Polar Air Cargo / DHL livery. | |
| 1 | In standard Polar Air Cargo livery.[8][9] | ||
| 3 | Operated for Qantas Freight. | ||
Boeing 747-400BCF | 1 | — | |
Boeing 747-400BDSF | 5 | — | Former EVA Air Cargo fleets |
Boeing 747-400ERF | 2 | — | Former Korean Air Cargo fleets |
Boeing 747-8F | 3 | — | Operating for Atlas Air |
| 1 | Operated for Panalpina | ||
| 6 | Operated for DHL Aviation. | ||
Boeing 747 Dreamlifter | 4 | — | Boeing owned in CMI service |
Boeing 757-200F | 1 | — | Operated for DHL Express. Owned by Titan Aviation dry-leasing subsidiary |
Boeing 767-200 | 1 | — | MLW Air owned in CMI service |
Boeing 767-200ER/BDSF | 9 | — | Operating for DHL Aviation |
Boeing 767-300ER | 6 | 1 | Operating ad hoc charter. |
Boeing 767-300ER/BCF | 18 | 4 | Operating for Amazon Air. |
| 6 | 6 | ||
Boeing 767-300ERF | 2 | — | Operating for DHL Aviation.[10] |
Boeing 777F | 6 | 1 | Operated by Southern Air. |
| 6 | — | Leased to customer by Titan. | |
| Total | 112 | 16 |
Passenger Service[edit]
In May 2010, Atlas Air began operating a premium passenger private charter service for the U.S.-Africa Energy Association (USAEA) in conjunction with Sonair. The charter service consisted of two customized Boeing 747-400 aircraft provided by SonAir. The aircraft were laid out to serve 189 passengers and consisted of a three class configuration. The charter service, which has become known as the "Houston Express", included three dedicated weekly non-stop flights between Houston and Luanda, Angola. Due to low global oil prices, demand diminished and the Houston Express ceased operations.
Today, Atlas Air operates four Boeing 747 passenger aircraft and six Boeing 767 passenger aircraft for commercial and military passenger charters.[11]
Aircraft Leasing[edit]
Atlas Air Worldwide Holdings owns and operates Titan Aviation Holdings, an aircraft dry-leasing company.[12] Through Titan Aviation, Atlas Air currently owns 17 planes for dry-leasing - six Boeing 777 freighters, one Boeing 757 freighter, eight Boeing 767 freighters (leased to parent Atlas Air), one Boeing 737-800 passenger aircraft, and one Boeing 737-300 freighter.[13] Titan is the world's third largest freight aircraft lessor as measured by asset value.
Safety Issues[edit]
During early 2010, an Atlas Air aircraft was involved in a safety and maintenance incident. In February, the cover of part of the flap assembly on a Boeing 747 detached from the aircraft, which was in the process of landing in Miami, Florida. On 17 May, a similar incident occurred; in this case, part of the inboard flaps on the right wing of a Boeing 747 separated from the aircraft. Due to alleged improper maintenance practices, the US Federal Aviation Administration on 5 May proposed a roughly $500,000 fine against the airline. The airline is fighting the allegations.[14]
On January 24, 2005, Atlas Air Flight 8995 overran the runway while landing at Düsseldorf Airport.
In March 2016, a safety slide fell off of an Atlas Air 767 in the Mesa, Arizona area.[15]
References[edit]
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^ "Investor Information." Atlas Air. Retrieved on August 6, 2011. "AAWW Investor Relations 2000 Westchester Avenue Purchase, NY 10577-2543"
^ "Archived copy" (PDF). Archived from the original (PDF) on 2016-03-09. Retrieved 2016-04-10.CS1 maint: Archived copy as title (link)
^ "Directory: World Airlines". Flight International. 2007-03-27. p. 80.
^ "Atlas Air Worldwide Wins Air Force One Training Contract". Archived from the original on 21 December 2014. Retrieved 22 November 2014.
^ Jamerson, Joshua. "Amazon Partners with Atlas Air Worldwide for Cargo Services". WSJ.com. Retrieved 15 September 2016.
^ "Atlas | Charter". Airline Pilot Central. 2012-05-10. Retrieved 2012-05-17.
^ "Photos: Polar Air Cargo". airliners.net. Retrieved 2012-12-15.
^ "Photos: Boeing 747-46NF/SCD Aircraft Pictures". Airliners.net. 2011-12-18. Retrieved 2012-05-17.
^ Business Wire, Motley Fool. "Atlas Air Worldwide Expands CMI Service". Daily Finance. Retrieved 20 December 2012.
^ https://www.atlasair.com/passenger-services/overview/
^ "Titan Aviation Holdings - Home". www.titanaviationltd.com.
^ "Atlas Air Corporate Fact Sheet" (PDF). Atlasair.com. Archived from the original (PDF) on 2014-12-13. Retrieved 2014-11-23.
^ "Miami flight signals more mechanical issues for Atlas Air". Flightglobal.com. 19 May 2010. Archived from the original on 23 May 2010. Retrieved 19 May 2010.
^ "Emergency escape slide from jumbo jet falls from plane and hits Mesa home".
External links[edit]
Media related to Atlas Air at Wikimedia Commons
Official website
Jon Hemmerdinger (15 Aug 2017). "Interview: Bill Flynn, chief executive, Atlas Air". Flightglobal.
Categories:
- Airlines of the United States
- IATA members
- Airlines established in 1992
- Airlines for America members
- Cargo airlines of the United States
- Companies based in Westchester County, New York
- Companies listed on NASDAQ
- 1992 establishments in New York (state)
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