2025 is 'all about cargo', says Amazon operator Sun Country Airlines
Apollo Global Management, owner of Atlas Air, has sold its remaining 12% of Sun Country ...
By Alex Lennane
Twelve US airlines yesterday won US defence contracts worth more than $480m, with the lion’s share going to Atlas Air.
The task orders mean the carriers, all part of the Civil Reserve Air Fleet (CRAF), must provide international long- and short-range charter services for the Department of Defense over the next year.
Atlas Air won more than half the total value of the contracts, at $287m. Rival ATSG’s subsidiaries, Omni Air, which specialises in passenger movements, won a $77m contract, and ABX Air one for ...
Comment on this article
Stephen
October 02, 2019 at 5:14 pmWorth noting that not just Omni, but ABX and ATI are also subsidiaries of ATSG. Major coup for them.
Of course the stock was down almost 2% today. Figure that one out.