Atlas Air cruised to record revenue and profits in 2021 with a strong fourth quarter that reflected the all-cargo airline’s ability to command higher rates amid ongoing capacity tightness due to reduced passenger belly space and ocean shipping congestion and increase the fuel surcharge in response to higher fuel costs.
The announcement of new dedicated charter deals with Cainiao, the logistics arm of Alibaba, and Kuehne + Nagel, the largest airfreight forwarder in the world, underscored...
https://www.freightwaves.com/news/dedicated-charters-high-yields-push-atlas-air-to-record-profit