Atlas Air, DHL termina la empresa conjunta de carga de aire polar

Atlas Air y DHL Express disolverán su empresa conjunta de carga aérea polar después de 18 años. ATLAS continuará brindando servicio de transporte aéreo para su socio comercial desde hace mucho tiempo bajo los arreglos de proveedores tradicionales, confirmó Freightwaves. Atlas Air es el operador...

https://fullavantenews.com/atlas-air-dhl-termina-la-empresa-conjunta-de-carga-de-aire-polar/?lang=es

Atlas Air, DHL terminate Polar Air Cargo joint venture

Atlas Air and DHL Express will disband their Polar Air Cargo joint venture after 18 years. Atlas will continue to provide air transport service for its long-time commercial partner under traditional vendor arrangements, FreightWaves has confirmed.

Atlas Air is the world’s largest operator of Boeing 747 freighter aircraft. The decision to exit the Polar Air Cargo venture is consistent with Atlas Air’s new strategic focus of diversifying its customer base and concentrating on high-margin,...

https://www.freightwaves.com/news/atlas-air-dhl-to-terminate-polar-air-cargo-joint-venture

Another Polar Air Cargo executive gets time behind bars for fraud

Abilash Kurien, a former vice president of marketing, revenue management and network planning at Polar Air Cargo, was sentenced Tuesday to two years and eight months in prison for participating in a scheme that defrauded the company of $32 million in revenue.

Judge Jesse Furman of the U.S. District Court for the Southern District of New York also sentenced Kurien, 46, to three years of supervised release and ordered him to forfeit $7.2 million and make restitution to Polar Air Cargo in the...

https://www.freightwaves.com/news/another-polar-air-cargo-executive-gets-time-behind-bars-for-fraud

Former Polar Air Cargo executive sentenced to 6 months for fraud

Another former executive at Polar Air Cargo was sentenced in federal court on Tuesday to six months in prison for his role in a scheme to defraud the company of $33 million dollars over more than a decade.

Carlton Llewellyn, who served as Polar’s vice president in charge of operations systems performance and quality, 

pleaded guilty in January to one count of wire fraud. He also agreed to forfeit $348,000 and repay Polar nearly $306,000.

Judge Jesse Furman of the U.S. District Court for the...

https://www.freightwaves.com/news/former-polar-air-cargo-executive-sentenced-to-6-months-for-fraud

Former Polar Air Cargo executive receives 18-month jail sentence

A former executive at Polar Air Cargo was sentenced in federal court on Tuesday to 18 months in prison for his role in a scheme to defraud the company of $33 million dollars over more than a decade.

Robert Schirmer, who was senior director of customer service for the Americas at Polar, pleaded guilty last October to one count of conspiracy to commit wire fraud and fraud for denial of honest services.

Polar Air Cargo is a joint venture between New York-based cargo airline Atlas Air and DHL...

https://www.freightwaves.com/news/former-polar-air-cargo-executive-receives-18-month-jail-sentence

Former Polar Air Cargo COO sentenced to 4 years in prison

A former high-ranking executive at Polar Air Cargo was sentenced on Thursday to four years in prison for participating in a scheme to defraud the company of nearly $33 million in revenue over more than a decade, the Department of Justice announced.

Lars Winkelbauer, who was chief operating officer for three years until July 2021 and held various leadership roles at DHL and Polar Air Cargo over a 16-year period, was the biggest fish for prosecutors in a conspiracy that involved nine people. He...

https://www.freightwaves.com/news/former-polar-air-cargo-coo-sentenced-to-4-years-in-prison

Former Polar Air Cargo exec pleads guilty to wire fraud

A former vice president at Polar Air Cargo pleaded guilty last week to participating in a scheme to defraud the company of $52 million for more than a decade. Six of nine individuals charged in the plot have presented guilty pleas so far.

Polar Air Cargo is a joint venture between privately held Atlas Air Worldwide and DHL Express. According to aircraft database Planespotters.net, the airline has a fleet of 15 large Boeing cargo jets: six 747-8s, two 767-300s and seven 777s.

Carlton Llewellyn,...

https://www.freightwaves.com/news/former-polar-air-cargo-exec-pleads-guilty-to-wire-fraud

Former Polar Air Cargo exec pleads guilty to swindling employer

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A former executive at Polar Air Cargo pleaded guilty on Tuesday to defrauding the company by...

https://www.freightwaves.com/news/former-polar-air-cargo-exec-pleads-guilty-to-swindling-employer

Former Polar Air Cargo executives charged in $52M fraud scheme

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Federal law enforcement officials on Wednesday arrested nine individuals in connection with a plot...

https://www.freightwaves.com/news/former-polar-air-cargo-executives-charged-in-52m-fraud-scheme

DHL Express renews agreement with Atlas Air for 20 freighters

Polar Air Cargo jumbo jets side-by-side at airport being loaded with cargo.

Atlas Air will continue to fly 20 large freighters for DHL Express after the express delivery company extended an existing contract, the companies announced Tuesday.

The arrangement ensures DHL Express has continued access to outsourced airlift to support its fast-growing express business that is increasingly driven by e-commerce.

The aircraft are operated globally by Atlas Air Worldwide Holdings (NASDAQ: AAWW) subsidiaries Atlas Air, Polar Air Cargo and Southern Air. Polar Air Cargo is a...

https://www.freightwaves.com/news/dhl-express-renews-agreement-with-atlas-air-for-20-freighters