Tag: William J. Flynn

Atlas Air wins arbitration ruling in pilot dispute

Atlas Air Worldwide Holdings has said that its subsidiary Atlas Air has prevailed in an arbitration between the company and the union that represents its pilots, the Airline Professionals Association, Teamsters Local 1224. Atlas said the 26 August 2019 arbitration ruling affirms the merger provi...

Atlas Air chairman Robert Agnew passes away

Atlas Air Worldwide Holdings has announced that Robert (Bob) Agnew, the chairman of the board of directors, passed away earlier this week. “Bob was a wonderful director and even finer human being,” said William J. Flynn, chief executive officer of Atlas Air Worldwide. “We are saddened by t...

Atlas Air reports revenue and earnings fell below expectations

Atlas Air Worldwide has reported that its revenue and earnings fell below their targets in the second quarter with senior decision-makers blaming tariffs and trade concerns. Revenue for the three months ending 30 June 2019 came in at $663.9 million, down from the $666.1 million reported for the...

Atlas Air Worldwide to expand in Kentucky

Atlas Air Worldwide Holdings is to expand its operations in northern Kentucky to accommodate its growing workforce in the area. Atlas’ plans include a commitment to a long-term lease in a new facility in Erlanger, Kentucky, near the Cincinnati/Northern Kentucky International Airport (CVG) to ...

Atlas Air pilots ordered to stop “illegal slowdown”

Atlas Air and Polar Air Cargo Worldwide - subsidiaries of Atlas Air Worldwide Holdings - today said striking pilots have been ordered to stop the "illegal shutdown". The US Court of Appeals for the District of Columbia has affirmed a federal district court ruling that ordered the International B...

William Flynn to retire as CEO of Atlas Air at the end of 2019, John Dietrich to take the helm

Atlas Air Worldwide said today that president and chief executive officer (CEO) William Flynn will retire from the company effective 1 January, 2020 and will be replaced by John Dietrich – current executive vice president (EVP) and chief operating officer (COO). On his retirement, Flynn (pictu...

Atlas Air posts record financial figures and forecasts more growth in 2019

Atlas Air Worldwide Holdings (AAWW) has reported record fourth quarter (Q4) and full-year volumes, revenue and earnings in 2018 and is forecasting more growth in 2019. Volumes in Q4 of 2018 increased 17 per cent to 83,437 block hours, with revenue growing 22 per cent to a record $765 million. ...

Atlas Air reports strong Q3 results

Atlas Air Worldwide Holdings has announced strong third-quarter (Q3) earnings growth and raised its outlook for full-year 2018 - driven by ongoing market strength, customer demand and business development. Volumes in Q3 increased 14 per cent to a record 73,672 block hours, with revenue growing 23...

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