Atlas Air takes delivery of final 747 to be produced by Boeing » 05:2502/0102/01/23
Atlas Air (AAWW)…
Atlas Air (AAWW) announced it has taken delivery of the final 747 ever to be produced by Boeing (BA). The delivery of this aircraft is the last of four new Boeing 747-8 Freighters Atlas ordered in January 2021. Atlas Air will operate this aircraft for Apex Logistics, a Kuehne+Nagel company, under a long-term agreement.
Atlas Air takes delivery of Boeing's final 747 production aircraft » 21:3001/3101/31/23
Atlas Air, Inc., a…
Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, (AAWW) "announced it has taken delivery of the final 747 ever to be produced by Boeing (BA). The delivery of this aircraft is the last of four new Boeing 747-8 Freighters Atlas ordered in January 2021. Atlas Air will operate this aircraft for Apex Logistics, a Kuehne+Nagel company, under a long-term agreement."
|Over a week ago|
Unusually active option classes on open January 26th » 09:4001/2601/26/23
AAWW, CRK, KOLD, CVX, CS, XLF, VLO, RIVN, SQQQ, ET
Unusual total active…
Unusual total active option classes on open include: Atlas Air (AAWW), Comstock Resources (CRK), ProShares UltraShort DJ-UBS Natural Gas (KOLD), Chevron (CVX), Credit Suisse (CS), Financial Sector SPDR ETF (XLF), Valero (VLO), Rivian (RIVN), ProShares UltraPro Short QQQ (SQQQ), and Energy Transfer (ET).
|Over a month ago|
Titan Aircraft, Georgian Airlines announce long-term agreement for a Boeing 737 » 08:2612/1512/15/22
Titan Aircraft Investments announced the placement of one Boeing (BA) 737-800SF converted freighter on long-term dry lease with Georgian Airlines to support its network. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings (AAWW), will manage this asset. "We are delighted to welcome Georgian Airlines and appreciate their trust in Titan as we support their growing business," said Michael Steen, President and Chief Executive Officer of Titan Aviation Holdings and Chief Commercial Officer of Atlas Air Worldwide.
Atlas Air Worldwide shareholders approve of proposed acquisition by Apollo » 16:3611/2911/29/22
Atlas Air Worldwide…
Atlas Air Worldwide (AAWW) announced that its shareholders voted to approve the Company's pending acquisition by an investor group led by funds managed by affiliates of Apollo Global Managemen (APO), together with investment affiliates of J.F. Lehman & Company and Hill City Capital at its special meeting of shareholders held earlier."We are pleased to receive overwhelming support from Atlas Air Worldwide shareholders, who recognize this transaction provides compelling value to them while giving us the opportunity to execute our strategic plan," said John Dietrich, President and Chief Executive Officer of Atlas Air Worldwide. "This is another step forward to completing the transaction as we advance our leadership in airfreight and deliver high-quality services to our customers around the world." The Company expects to complete the transaction in the first quarter of 2023, subject to customary closing conditions and receipt of regulatory approvals. Upon closing, Atlas Air Worldwide will become a privately held company and shares of Atlas Air Worldwide common stock will no longer be listed on the Nasdaq stock exchange.
Atlas Air takes delivery of four Boeing 777-200 Freighters » 09:2311/2811/28/22
Atlas Air announced it…
Atlas Air announced it has taken delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI agreement.The 777-200 Freighter will complement MSC's container shipping solutions and expand service to key trade lanes for various industries, including those which traditionally have significant air cargo transportation needs. This aircraft is the first of four new Boeing 777 Freighters that Atlas will operate for MSC.
Atlas Air takes delivery of new Boeing 747-8 Freighter » 08:0411/2311/23/22
Atlas Air, a subsidiary…
Atlas Air, a subsidiary of Atlas Air Worldwide (AAWW), announced it has taken delivery of a Boeing (BA) 747-8 Freighter. This aircraft is the third of four new Boeing 747-8 Freighters Atlas Air ordered in January 2021 and is the first of two 747-8Fs Atlas Air will operate for its customer Kuehne+Nagel under a long-term agreement. "This 747-8F delivery underscores the importance of our long-term strategic partnership with Kuehne+Nagel and our commitment to support their continued growth and expansion," said John Dietrich, President and Chief Executive Officer, Atlas Air Worldwide. "We are pleased to provide their first dedicated aircraft which will proudly fly in a custom Kuehne+Nagel livery. The two 747-8Fs we will operate for Kuehne+Nagel will add more capacity and versatility for their network."
Greenlight takes new stake in Intel, exits position in Atlas Air » 16:5411/1411/14/22
INTC, AAWW, CC, INSW, PLBY, ASTS, CEIX, LIVN, SWN, KD, CNXC, GPN, VSCO, BHF, GRBK, TECK
David Einhorn's Greenlight Capital disclosed in an SEC filing its holdings as of September 30, 2022. Greenlight's two new buys during the quarter included, by size of position, Intel (INTC). Greenlight exited seven positions during the quarter, including by size of previous position, Atlas Air (AAWW), Chemours (CC), International Seaways (INSW), Plby Group (PLBY), and AST SpaceMobile (ASTS). Greenlight increased its stake in nine holdings, including by size of previous position, Consol Energy (CEIX), LivaNova (LIVN), Southwestern Energy (SWN), KynDryl Holdings (KD), and Concentrix (CNXC). Greenlight reduced its stake in six holdings, including by size of previous position, Global Payments (GPN), Victoria's Secret (VSCO), Brighthouse Financial (BHF), and Green Brick Partners (GRBK). Greenlight 's top holdings as of September 30, in order of size, were Green Brick, Brighthouse, Consol Energy, Teck Resources (TECK), and Kyndryl Holdings.
Atlas Air awarded extension of Air Force One pilot training agreement » 08:3411/0711/07/22
Atlas Air Worldwide…
Atlas Air Worldwide announced that the United States Air Force, USAF, has extended its agreement with Atlas Air to train pilots and flight engineers for Air Force One. Under the five-year extension of the agreement, which Atlas Air has held since 2007, crews for the Air Force's VC-25, a modified version of the Boeing 747-200, will receive ground and flight-simulator training at Atlas Air's world-class training center in Miami, Florida. "Air Force One," the designated call sign of the aircraft when the President is on board, consists of two specially configured Boeing 747-200B aircraft. "It is an honor to continue to provide this critical training to the pilots and crews of Air Force One and the Presidential Airlift Group," said John Dietrich, President and Chief Executive Officer, Atlas Air Worldwide. "Atlas Air's partnership with the USAF is a source of tremendous pride for all of us. We are privileged to be entrusted to meet the high standards for safety, professionalism, efficiency and security that this contract demands."
|Over a quarter ago|
Atlas Air reports Q3 adjusted EPS $2.69, consensus $4.26 » 08:1211/0311/03/22
Reports Q3 revenue…
Reports Q3 revenue $1.124B, consensus $1.19B. "We continued to see strong demand for our services during the third quarter," said Atlas Air Worldwide President and Chief Executive Officer John W. Dietrich. "We were also pleased to announce a long-term ACMI agreement under which all four of our new and incoming 777-200 freighters are placed with MSC Mediterranean Shipping Company SA." Dietrich continued: "Notwithstanding this strong demand, our third-quarter performance was impacted by operational disruptions related to an increase in COVID-19 cases, particularly in July and August, as well as the effects of Hurricane Ian at the end of the quarter. I would like to thank our Atlas team for working together through these challenges on behalf of our customers."