Atlas Air Archives - The Loadstar Making sense of the supply chain Fri, 01 Nov 2024 13:41:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 Air cargo capacity squeeze could linger ‘until the end of the decade’ https://theloadstar.com/air-cargo-capacity-squeeze-could-linger-until-the-end-of-the-decade/ https://theloadstar.com/air-cargo-capacity-squeeze-could-linger-until-the-end-of-the-decade/#respond Fri, 01 Nov 2024 12:22:38 +0000 https://theloadstar.com/?p=284005 Air cargo’s capacity shortage “will not be resolved any time soon”, and could linger “until the end of the decade”, exacerbated by ICAO’s 2028 sustainability targets, delegates at Aviation Connect in Istanbul heard this week. 
Martin Drew, chief strategy and transformation officer at Atlas Air, said: “Certainly from a capacity perspective, there is a severe shortage of widebody freight capacity. 
“Without doubt, demand is outweighing supply, and that’s thanks to companies such ...

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]]> https://theloadstar.com/air-cargo-capacity-squeeze-could-linger-until-the-end-of-the-decade/feed/ 0 284005 Final defendant in Polar Air Cargo case pleads guilty before trial begins https://theloadstar.com/final-defendant-in-polar-air-cargo-case-pleads-guilty-before-trial-begins/ https://theloadstar.com/final-defendant-in-polar-air-cargo-case-pleads-guilty-before-trial-begins/#respond Thu, 24 Oct 2024 15:22:07 +0000 https://theloadstar.com/?p=283457 The final defendant in the Polar Air Cargo corruption case changed his plea to guilty, just days before his trial was due to begin. 
Skye Xu’s company, Sky X Airlines, was contracted by Polar Air Cargo between September 2020 and July 2021, at the height of the pandemic. Sky X offered Polar capacity on charter flights that Mr Xu had secured with passenger aircraft.
But Mr Xu paid kickbacks to Polar ...

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]]> https://theloadstar.com/final-defendant-in-polar-air-cargo-case-pleads-guilty-before-trial-begins/feed/ 0 283457 Polar Air Cargo’s Carlton Llewellyn jailed for role in ‘kickback’ scheme https://theloadstar.com/polar-air-cargos-carlton-llewellyn-jailed-for-role-in-kickback-scheme/ https://theloadstar.com/polar-air-cargos-carlton-llewellyn-jailed-for-role-in-kickback-scheme/#respond Thu, 26 Sep 2024 12:19:36 +0000 https://theloadstar.com/?p=281292 Carlton Llewellyn, former VP operations, system performance and quality for Polar Air Cargo, has been jailed for his “mid-level” role in the Polar corruption case. 
Mr Llewellyn admitted conspiracy to commit wire fraud, but claimed he had got involved in the scheme because he felt he had been underpaid in comparison with other executives.  
While the government pushed for a sentence of one year and a day, Mr Llewellyn received a ...

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]]> https://theloadstar.com/polar-air-cargos-carlton-llewellyn-jailed-for-role-in-kickback-scheme/feed/ 0 281292 Forwarders told to ‘brace for impact’ as ecommerce bags air capacity https://theloadstar.com/forwarders-told-to-brace-for-impact-as-ecommerce-shippers-bag-air-cargo-capacity/ https://theloadstar.com/forwarders-told-to-brace-for-impact-as-ecommerce-shippers-bag-air-cargo-capacity/#respond Wed, 11 Sep 2024 10:13:27 +0000 https://theloadstar.com/?p=279996 General cargo shippers, fighting for space against ecommerce giants, should “brace for impact” as the industry heads towards “one of the highest peaks ever in the industry of air cargo”, with a shortage of capacity likely to see airlines prioritising profits.  
Head of global airfreight at DSV, Stefan Krikken, told delegates at today’s EU CBEC ecommerce forum in Liege: “When it comes to the peak this year, I think everyone ...

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]]> https://theloadstar.com/forwarders-told-to-brace-for-impact-as-ecommerce-shippers-bag-air-cargo-capacity/feed/ 0 279996 News in Brief Podcast | Week 26 2024 | Strike action, rate increases and Atlas Air turbulence https://theloadstar.com/news-in-brief-podcast-week-26-2024-strike-action-rate-increases-and-atlas-air-turbulence/ https://theloadstar.com/news-in-brief-podcast-week-26-2024-strike-action-rate-increases-and-atlas-air-turbulence/#respond Mon, 24 Jun 2024 03:00:02 +0000 https://theloadstar.com/?p=274889 In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news, including the latest updates on strike action looming in Europe and North America. She also offers a preview of stories that might appear on The Loadstar this week.
The Loadstar’s managing editor, Gavin van Marle, details yet another rise in ocean freight rates, and how he thinks the US east coast ...

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]]> https://theloadstar.com/news-in-brief-podcast-week-26-2024-strike-action-rate-increases-and-atlas-air-turbulence/feed/ 0 274889 Atlas Air suffers third aircraft incident this month, closing Hong Kong runway https://theloadstar.com/atlas-air-suffers-third-aircraft-incident-this-month-closing-hong-kong-runway/ https://theloadstar.com/atlas-air-suffers-third-aircraft-incident-this-month-closing-hong-kong-runway/#respond Mon, 17 Jun 2024 11:44:33 +0000 https://theloadstar.com/?p=274433 Atlas Air has suffered its third aircraft ‘incident’ this month, causing Hong Kong International Airport (HKIA) to close a runway and delaying some 186 flights this morning. The airport managed to re-open its dual-runway operation at 3.45pm local time.
An Atlas 747-400F, on route from Hong Kong to Chicago, via Anchorage, suffered a hydraulic failure near Taiwan. The crew decided to return to Hong Kong and landed two hours later.
However, the ...

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]]> https://theloadstar.com/atlas-air-suffers-third-aircraft-incident-this-month-closing-hong-kong-runway/feed/ 0 274433 Polar’s Winkelbauer gets four years in prison for corruption https://theloadstar.com/polars-winkelbauer-gets-four-years-in-prison-for-corruption/ https://theloadstar.com/polars-winkelbauer-gets-four-years-in-prison-for-corruption/#respond Mon, 03 Jun 2024 12:09:38 +0000 https://theloadstar.com/?p=273428 The first sentence in the Polar Air Cargo corruption case has been doled out, to Lars Winkelbauer, its former chief operating officer. His more-than-decade-long scheme to take kickbacks, along with other management, caused Polar to lose more than $32m in revenue. He received four years in prison, must forfeit $6.7m, and make restitution to Polar in the amount of $32,902,847.
Polar is jointly owned by Atlas Air and DHL – neither ...

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]]> https://theloadstar.com/polars-winkelbauer-gets-four-years-in-prison-for-corruption/feed/ 0 273428 Atlas Air says split from Amazon ‘all part of the plan’ https://theloadstar.com/atlas-airs-split-from-amazon-all-part-of-the-plan/ https://theloadstar.com/atlas-airs-split-from-amazon-all-part-of-the-plan/#respond Thu, 30 May 2024 17:44:52 +0000 https://theloadstar.com/?p=273205 Atlas Air has confirmed that it is phasing out operations for Amazon, but will continue to dry lease 767s via its Titan subsidiary,
The carrier said yesterday the split was all part of the plan.
“We completed a negotiation with Amazon to exit domestic 737 and 767 CMI service flying for Amazon, in line with our strategic plan,” it said.
Atlas explained that, in connection with the Amazon agreement, it had also entered into ...

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]]> https://theloadstar.com/atlas-airs-split-from-amazon-all-part-of-the-plan/feed/ 0 273205 Exclusive: Atlas to end Amazon flying after ‘woefully’ low utilisation https://theloadstar.com/exclusive-atlas-to-end-amazon-flying-after-woefully-low-utilisation/ https://theloadstar.com/exclusive-atlas-to-end-amazon-flying-after-woefully-low-utilisation/#respond Wed, 29 May 2024 13:10:09 +0000 https://theloadstar.com/?p=272992 Pilots have reported that Amazon and Atlas Air have ended their CMI contract. 
Next month, Atlas will reportedly begin phasing-out flying its 17 767-300Fs for Amazon, to cease entirely by June next year, while the eight 737-800Fs will be phased out between March and June 2025. 
According to pilots at a ‘town hall’ meeting this week, the 767s will go to new customers in South America and Pan Pacific – Hong Kong, ...

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]]> https://theloadstar.com/exclusive-atlas-to-end-amazon-flying-after-woefully-low-utilisation/feed/ 0 272992 Airlines make freighter and aircraft capacity moves https://theloadstar.com/airlines-make-freighter-and-aircraft-capacity-moves/ https://theloadstar.com/airlines-make-freighter-and-aircraft-capacity-moves/#respond Wed, 22 May 2024 12:30:05 +0000 https://theloadstar.com/?p=272597 There has been a raft of freighter and aircraft news this week, as airlines work to get in capacity for later in the year – and others are stymied by supply chain and other issues.
Atlas has acquired two 747s; Challenge Group is threatening to back out of a deal for three 777s; Kenya Airways has parked two 787s; and MSC has taken delivery of a 777.
Having reached an agreement with ...

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