Atlas to be sold? Hmmm...
12-14-2022, 07:33 AM
#351
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Joined APC: Oct 2021
Posts: 48
Apparently we’re losing 2 DHL 767 birds at the start of the new year. 1 going to a carrier in Budapest, and another going to Oscoda MI.
12-15-2022, 02:54 PM
#353
Gets Weekends Off
Joined APC: Apr 2015
Posts: 2,583
Not sure why the 767s are dismissed so quickly. From a simple search you'll find that the average 767 freighter costs $17.5 million. The average A350 or 777 costs $366 million (in 2018) and the 747-8 costs $400 million.
Yes the 767 carries half the tonnage and doesn't have the same range but it's a solid and cheap workhorse. I mean smaller start-up air freight companies use the 767 and can turn enough of a profit to stay in business.
If anything the 76 should remain a solid support for the bigger wide-bodies. And as our supply chain moves to central and south America, do we really need the range benefits in the end? What about the airports and their limitations?
Personally I hope that Atlas reconsiders its stance on the 76. At least put us on some of the posters lol.
The only benefit that comes with the wider widebodies is that it takes less pilots to fly more tonnage. In a world of less pilot supply this makes sense.
Yes the 767 carries half the tonnage and doesn't have the same range but it's a solid and cheap workhorse. I mean smaller start-up air freight companies use the 767 and can turn enough of a profit to stay in business.
If anything the 76 should remain a solid support for the bigger wide-bodies. And as our supply chain moves to central and south America, do we really need the range benefits in the end? What about the airports and their limitations?
Personally I hope that Atlas reconsiders its stance on the 76. At least put us on some of the posters lol.
The only benefit that comes with the wider widebodies is that it takes less pilots to fly more tonnage. In a world of less pilot supply this makes sense.
12-16-2022, 05:23 AM
#354
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Joined APC: Jul 2017
Posts: 1,409
Still, the fleet is shrinking. Who knows what the future holds?
12-16-2022, 04:26 PM
#355
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Joined APC: May 2013
Position: No Hats No Jackets No PAX
Posts: 1,581
Not good to aggressively invest in the lowest profit margin companies as a whole if great opportunities exist. Maybe they do exist maybe they don’t it’s not like am in “the business” sales side, either way it didn’t seem like a good idea to push much farther than we did into baby blue territory. Totally understand that having a larger fleet brings in more coin collectively, but their top management/owner doesn’t take prisoners and doesn’t do unions, etc., historically proven time and time again. That previous statement has no teeth, just that odd feeling one gets when surveying the land. We were in a decent position (still are) and it’s unfortunate to lose another tail or two and they weren’t even part of the Big “A” that I was squinting at. Like several mentioned before there aren’t really 76s just laying around. Having a non-pure inventory helps in many cases (not MX nearly as much) with the diversity of flying (portfolio) we have so the balances seem to do well. Overall, that is so true - “Who knows what the future holds.” No one here resides within that pay scale although it has been quite decent for the time being fleet specific at times. Get it while you can as nothing lasts forever is a known quantity.
Last edited by C17B74; 12-16-2022 at 04:43 PM.
03-10-2023, 01:44 PM
#356
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Joined APC: Jun 2006
Position: Frm. DHLAirways. Blue & White Boeing's Now. YEA!!
Posts: 611
https://theloadstar.com/atlas-air-ta...H9RDvFXFObTyPM
“Yesterday, the US Department of Justice (DoJ) said its focus on “potentially illegal interlocking directorates” had forced a number of directors to resign from corporate boards owing to “interlocking” interests.
Two Apollo-related directors of Amazon Air supplier Sun Country Airlines were among them.”
“Apollo is one of a number of PE firms under investigation by the DoJ for its strategy of placing directors on corporate boards, which “may not be in the best interests of consumers”.”
“Despite noting other legal risks in its results, (its 2022 results filing last month) there was no mention of the corruption found at 51%-subsidiary Polar, nor the related court case. DHL, the 49% shareholder in Polar, also failed to mention it in its results yesterday.”
What does all this mean for AWWH and Apollo deal?
What “corruption” was found at Polar?
“Yesterday, the US Department of Justice (DoJ) said its focus on “potentially illegal interlocking directorates” had forced a number of directors to resign from corporate boards owing to “interlocking” interests.
Two Apollo-related directors of Amazon Air supplier Sun Country Airlines were among them.”
“Apollo is one of a number of PE firms under investigation by the DoJ for its strategy of placing directors on corporate boards, which “may not be in the best interests of consumers”.”
“Despite noting other legal risks in its results, (its 2022 results filing last month) there was no mention of the corruption found at 51%-subsidiary Polar, nor the related court case. DHL, the 49% shareholder in Polar, also failed to mention it in its results yesterday.”
What does all this mean for AWWH and Apollo deal?
What “corruption” was found at Polar?
03-10-2023, 06:23 PM
#357
Gets Weekends Off
Joined APC: Jun 2017
Position: 777 Left window seat
Posts: 685
https://theloadstar.com/atlas-air-ta...H9RDvFXFObTyPM
“Yesterday, the US Department of Justice (DoJ) said its focus on “potentially illegal interlocking directorates” had forced a number of directors to resign from corporate boards owing to “interlocking” interests.
Two Apollo-related directors of Amazon Air supplier Sun Country Airlines were among them.”
“Apollo is one of a number of PE firms under investigation by the DoJ for its strategy of placing directors on corporate boards, which “may not be in the best interests of consumers”.”
“Despite noting other legal risks in its results, (its 2022 results filing last month) there was no mention of the corruption found at 51%-subsidiary Polar, nor the related court case. DHL, the 49% shareholder in Polar, also failed to mention it in its results yesterday.”
What does all this mean for AWWH and Apollo deal?
What “corruption” was found at Polar?
“Yesterday, the US Department of Justice (DoJ) said its focus on “potentially illegal interlocking directorates” had forced a number of directors to resign from corporate boards owing to “interlocking” interests.
Two Apollo-related directors of Amazon Air supplier Sun Country Airlines were among them.”
“Apollo is one of a number of PE firms under investigation by the DoJ for its strategy of placing directors on corporate boards, which “may not be in the best interests of consumers”.”
“Despite noting other legal risks in its results, (its 2022 results filing last month) there was no mention of the corruption found at 51%-subsidiary Polar, nor the related court case. DHL, the 49% shareholder in Polar, also failed to mention it in its results yesterday.”
What does all this mean for AWWH and Apollo deal?
What “corruption” was found at Polar?
AAWW quietly cleaned house of some JFK based Polar management types that were charging “extra fees” that were not necessarily being passed on to Polar. The companies on the other side are trying to recoup some of the extra $ they paid. Weird that kind of thing would happen in New York (sarcasm emoji).
03-21-2023, 11:17 AM
#359
Line Holder
Joined APC: Apr 2022
Posts: 80
Oh there’s endless amounts of Kremlinology going on trying to parse meaning out of nothing. It was a good presentation on what Apollo is all about but absolutely nothing of any practical importance like new planes or customers. But they were never going to use today for that anyway.
03-21-2023, 11:22 AM
#360
Gets Weekends Off
Joined APC: Oct 2018
Posts: 300
Oh there’s endless amounts of Kremlinology going on trying to parse meaning out of nothing. It was a good presentation on what Apollo is all about but absolutely nothing of any practical importance like new planes or customers. But they were never going to use today for that anyway.
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