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The air freight market is noisy with the sound of all-cargo carriers battling against the odds. With demand resolutely refusing to climb, and capacity in no short supply, passenger revenues are propping up the operations of the combination carriers, leaving the freighter-only crowd struggling to make ends meet.

But so far Atlas Air Worldwide, the world’s largest widebody freighter operator, appears to have kept out of the spotlight ? although industry speculation is mounting on its prospects.

On paper, it doesn’t look ...

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