Atlas Air Hiring
#4751
On Reserve
Joined APC: Aug 2012
Posts: 20
That is the way the pool at Atlas works...and btw, also the way the pool used to work at UPS. So, our folks are not the only ones that do the selection for class dates...it is a competitive pool, and the higher your total score (from the minute you pick up the phone call from 914 area code to the time you walk out of the interview in Miami), the shorter you will need to swim.
And actually, polarfr8dog, I had forgotten the retirements that are going to start soon...I was just referring to the expansion. But thanks for the reminder about retirements...
Good luck.
And actually, polarfr8dog, I had forgotten the retirements that are going to start soon...I was just referring to the expansion. But thanks for the reminder about retirements...
Good luck.
Thank you so much for the information guys. One more question, for now, is there a way to find out how one ranks in the pool as compared to others? Thanks.
#4752
New Hire
Joined APC: Sep 2012
Position: First Officer
Posts: 6
#4753
In The Clouds
Joined APC: Apr 2011
Posts: 119
777: I learned the hard way that using a MAC may not be best. I learned that my PAQ was not received----- so I resubmitted everything on a Windows-based PC.
As many of us found, the Atlas Engage Us section has been modified several times since the application window opened. It is my hope that updating our information (now via a PC) will be viewed favorably.
I am confident my info is now in a pile----trying to get it in the correct pile and cracking the HR Code is now the key. If anyone has any codebreaking skills, apply within.
Continue luck to all.
As many of us found, the Atlas Engage Us section has been modified several times since the application window opened. It is my hope that updating our information (now via a PC) will be viewed favorably.
I am confident my info is now in a pile----trying to get it in the correct pile and cracking the HR Code is now the key. If anyone has any codebreaking skills, apply within.
Continue luck to all.
#4754
Line Holder
Joined APC: Jul 2012
Position: 74FO
Posts: 31
For anyone who hasn't seen it yet...
Atlas Air Worldwide Holdings
Atlas Air Worldwide Reports Double-Digit Earnings Increase, Updates 2012 EPS Expectation
• 3Q12 Reported Net Income Up 20% to $33.9 Million, $1.27 per Share
• 3Q12 Adjusted Net Income Up 10% to $33.4 Million, $1.26 per Share
• Adjusted and Reported 2012 EPS Expected to Exceed $4.65, 13% Growth from 2011 Adjusted EPS
Atlas Air Worldwide Holdings
Atlas Air Worldwide Reports Double-Digit Earnings Increase, Updates 2012 EPS Expectation
• 3Q12 Reported Net Income Up 20% to $33.9 Million, $1.27 per Share
• 3Q12 Adjusted Net Income Up 10% to $33.4 Million, $1.26 per Share
• Adjusted and Reported 2012 EPS Expected to Exceed $4.65, 13% Growth from 2011 Adjusted EPS
#4755
In The Clouds
Joined APC: Apr 2011
Posts: 119
Just bought some stock on the 8% loss. Proving once again, I am not a smart man investing in an air carrier. More of principal for the moment.
Analyst just reading one factor in the presentation. Everything so far shows good execution.
Analyst just reading one factor in the presentation. Everything so far shows good execution.
#4756
Gets Weekends Off
Joined APC: Sep 2009
Posts: 611
Interesting points from the call:
Growth of revenue 13% over 2011 3Q.
10% Adjusted net income increase over 2011 3Q.
Good growth but not as much as forecasted.
Atlas has been increasing their cash position
-for rainy day worst case market scenarios
-to better position themselves for growth when an opportunity presents itself i.e. acquisitions of aircraft or competitors.
Atlas is increasing debt because of new aircraft purchases (747-8)
- goal is to balance increase in debt with increased earnings
- earnings are rising even faster than debt which leads to a better leverage position.
Global cargo demand is improving but not as fast as originally expected.
Military cargo demand is falling. This has a bit of a negative impact on Atlas, but a more significant impact on competitors using 747-200s.
Military contracts are a cost plus payout. Atlas 747-400s and 747-8s are in demand in the global charter market whereas there is little to no demand for the competitors 747-200s which will have to be parked.
As of October 1st, U.S. military will no longer charter 747-200s.
There are 42 747-200s worldwide in use that Atlas believes will be parked rather rapidly.
There are 11 747-400F's that are parked worldwide and are available for lease or purchase (CEO could list all of them and their former operators from memory).
There are 4-6 747BCF's that are parked worldwide and are available for lease. Atlas stated that these aircraft were not desirable as they have more maintenance due to their age, burn more fuel, and can carry less payload.
Growth of revenue 13% over 2011 3Q.
10% Adjusted net income increase over 2011 3Q.
Good growth but not as much as forecasted.
Atlas has been increasing their cash position
-for rainy day worst case market scenarios
-to better position themselves for growth when an opportunity presents itself i.e. acquisitions of aircraft or competitors.
Atlas is increasing debt because of new aircraft purchases (747-8)
- goal is to balance increase in debt with increased earnings
- earnings are rising even faster than debt which leads to a better leverage position.
Global cargo demand is improving but not as fast as originally expected.
Military cargo demand is falling. This has a bit of a negative impact on Atlas, but a more significant impact on competitors using 747-200s.
Military contracts are a cost plus payout. Atlas 747-400s and 747-8s are in demand in the global charter market whereas there is little to no demand for the competitors 747-200s which will have to be parked.
As of October 1st, U.S. military will no longer charter 747-200s.
There are 42 747-200s worldwide in use that Atlas believes will be parked rather rapidly.
There are 11 747-400F's that are parked worldwide and are available for lease or purchase (CEO could list all of them and their former operators from memory).
There are 4-6 747BCF's that are parked worldwide and are available for lease. Atlas stated that these aircraft were not desirable as they have more maintenance due to their age, burn more fuel, and can carry less payload.
Last edited by JonnyKnoxville; 11-01-2012 at 08:53 AM.
#4757
The full press release is linked below...
Atlas Air Worldwide Reports Double-Digit Earnings Increase, Updates 2012 EPS Expectation - Yahoo! Finance
Atlas Air Worldwide Reports Double-Digit Earnings Increase, Updates 2012 EPS Expectation - Yahoo! Finance
#4758
Gets Weekends Off
Joined APC: Jan 2009
Posts: 381
Quote: There are 42 747-200s worldwide in use that Atlas believes will be parked rather rapidly
Doesn't sound good for Kallita.
The future of air cargo/freight is the B767 and B777.
The future cargo market is the Americas; Canada, USA Mexico, Latin America, South America. An ideal market for thr B767.
Doesn't sound good for Kallita.
The future of air cargo/freight is the B767 and B777.
The future cargo market is the Americas; Canada, USA Mexico, Latin America, South America. An ideal market for thr B767.
#4759
Gets Weekends Off
Joined APC: Jul 2008
Position: Ex USAF, ex-ATA , currently Atlas Air 747 CA
Posts: 324
Quote: There are 42 747-200s worldwide in use that Atlas believes will be parked rather rapidly
Doesn't sound good for Kallita.
The future of air cargo/freight is the B767 and B777.
The future cargo market is the Americas; Canada, USA Mexico, Latin America, South America. An ideal market for thr B767.
Doesn't sound good for Kallita.
The future of air cargo/freight is the B767 and B777.
The future cargo market is the Americas; Canada, USA Mexico, Latin America, South America. An ideal market for thr B767.
#4760
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