News / GSS sees turnover and profits on the up as it searches for the next big lease deal

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Only a few days after Atlas Air beat market estimates, and saw its net income rise 11.5% in the third quarter, year-on-year, we have placed the spotlight on its chain of control, which includes subsidiaries such as Global Supply Systems (GSS) and Titan, Atlas Air’s dry leasing division.

Of particular interest is the situation of GSS, which is 49%-owned by Atlas Air, and 51% owned by trustees of the GSS Employee Benefit Trust.

GSS lost the IAG ACMI contract for three 747-8Fs ...