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Apollo-led investors acquire cargo airline Atlas Air for $5.2B
After rumors all week, Atlas Air confirmed a sale to a powerful private equity group that sees air cargo as a winner in the next couple decades. (www.freightwaves.com) Daha Fazlası...
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Shark smelled blood and is now starting to feed
I assume that with the Russia-Ukraine conflict there is no more cabotage, i.e., flying GE engines from Cincinnati to Spokane on foreign flagged aircraft.
True, Russian cargo carrier used by Boeing in the past is out of service in U.S, most of world. So, yes, that is no longer happening due to sanctions.
Apollo took over Sun Country and fired the ground crew employees and replaced them with a contractor who subsequently withdrew. Delta then flew in ground crew positive space from regional airports to help Sun Country out, which I though was odd.
Interesting
