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In April 2023, former Polar Air Cargo COO Lars Winkelbauer was arrested in Thailand and charged, along with 10 others, with defrauding the company of an estimated $52m. [5] In February 2025, Atlas Air and DHL announced that Polar Air Cargo would be dissolved, with the 4 747-8s and 2 777Fs in Polar’s fleet continuing to be operated by Atlas. [6]
Air freight rates rose as a consequence, from $0.80 per kg for transatlantic cargoes to $2.50-4 per kg, enticing passenger airlines to operate cargo-only flights through the use of preighters, while cargo airlines bring back into service fuel-guzzling stored aircraft, helped by falling oil prices.
Bunker adjustment factor, bunker surcharge or BAF refers to the floating part of sea freight charges which represents additions due to oil prices. [1] BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. The European Commission banned Carrier Conferences as of October 17, 2008 ...
Air India Cargo; Aryan Cargo Express; Crescent Air Cargo; Deccan 360; Elbee Airlines; Hinduja Cargo Services Indonesia. Megantara Air Iran. Fars Air Qeshm Japan. ANA & JP Express; Orange Cargo Kazakhstan. Almaty Aviation Malaysia. Transmile Air Services Philippines. Pacific East Asia Cargo Airlines Singapore. Jett8 Airlines Vietnam. Trai Thien ...
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
An Atlas Air Boeing 747-8F lines up on Runway 27 at Cincinnati/Northern Kentucky International Airport as one of the airline's 747-400Fs lands on Runway 18C. Atlas Air Worldwide Holdings owns Atlas Air, Polar Air Cargo, and Titan Aircraft Investments. The company headquarters are in Purchase, New York.
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