Primed for cargo growth

To understand the scope of Atlas Air Worldwide Holdings' ongoing business transformation, look no further than Amazon One -- a Boeing 767-300ER Freighter with registration N1997A. In August 2016, the 22-year-old aircraft, painted in the colours and logo of Amazon, became a symbol of a broad pla...

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Bibliographic Details
Published in:Airline Business 2017-09, Vol.33 (7), p.20
Main Author: Hemmerdinger, Jon
Format: Article
Language:English
Subjects:
Agreements
Air cargo transportation
Air freight service
Aircraft industry
Airlines
Alliances
Aviation
Electronic commerce
Freight forwarding
Labor contracts
Market segments
Pilots
Regulatory approval
Workforce
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Summary:To understand the scope of Atlas Air Worldwide Holdings' ongoing business transformation, look no further than Amazon One -- a Boeing 767-300ER Freighter with registration N1997A. In August 2016, the 22-year-old aircraft, painted in the colours and logo of Amazon, became a symbol of a broad plan by Atlas chief executive Bill Flynn to align the company with fast-growing e-commerce and express package delivery businesses. They have focused and pivoted the company where the majority of our freighter fleet is deployed in the faster-growing market segments, Flynn says from the corner office of Atlas's headquarters in suburban New York, about 50km from midtown Manhattan. This express segment is growing at a rate double of heavy freight. By 2018, Flynn expects at least 60 of Atlas's aircraft -- roughly 70% of the freighter fleet -- will serve express shipping and e-commerce customers, up from six aircraft 10 years ago.
ISSN:2632-6604
2632-7856