Is Southern Air nearing bankruptcy again?
11-19-2015, 06:36 AM
#21
New Hire
Joined APC: Dec 2010
Position: None
Posts: 3
This was just released.
FLORENCE, KY – NOVEMBER 17, 2015 – Southern Air, Inc., an operating subsidiary of Worldwide Air Logistics Group, Inc., has added two additional freighters to its fleet, including a fifth Boeing 777 and a fifth Boeing 737-400, bringing the total to 10 aircraft in operation for DHL Express, the world’s leading international air express shipping and logistics provider.
Southern Air’s fifth Boeing 777 adds to the company’s nine-year 777 flight services agreement with DHL Express, announced last year. The Boeing 737-400 expands a separate long-term flight services arrangement that Southern Air has with DHL Express. “With these latest additions to our growing fleet, we are honored to serve as a trusted provider to DHL Express for both domestic and international network airlift operations,” said Dan McHugh, Chief Executive Officer of Worldwide Air Logistics Group, Inc. “This fleet expansion further enhances our support of the growing needs of DHL Express and its customers worldwide,” McHugh added.
Southern Air was the first ACMI operator in the world to fly the Boeing 777, the most technologically advanced, fuel efficient, wide-body freighter in the world. The new additions to the fleet enhance the DHL Express global network to continue to serve customers with fewer stops, faster package transit times and competitive costs. Southern Air’s 737-400 freighter capabilities offer equally safe, efficient and reliable short-haul airlift and currently form a critical and expanding part of DHL Express’ US airlift network.
“Southern Air shares DHL Express’ commitment to performance excellence, superior customer service and environmental responsibility, and we look forward to continuing to meet DHL’s demands for safe, efficient and cost-effective airlift,” said Paul Chase, Chief Operating Officer of Southern Air.
About Southern Air:
Southern Air is the premier provider of safe, fuel-efficient, domestic and intercontinental ACMI/CMI services. Southern Air and its experienced team of aviation professionals deliver high quality services to global customers, meeting and exceeding their air cargo needs. Southern Air serves leading global express delivery provider DHL Express on routes around the world with its fleet of Boeing 777 and 737-400 freighters. The cargo airline has been honored by the FAA with its prestigious Diamond Award of Excellence, the FAA’s highest honor for overall maintenance excellence. For more information, please visit: www.southernair.com.
About Worldwide:
Worldwide Air Logistics Group, Inc. is a leading provider of safe, reliable, cost-efficient, domestic and international ACMI and CMI air cargo services through its separate operating subsidiaries, Southern Air Inc., which operates Boeing 777 and 737-400 aircraft, and Florida West International Airways, Inc., which operates Boeing 767-300 aircraft. Worldwide offers customers highly reliable and efficient air cargo business platforms with a strong record of performance excellence and safety. Customers served include DHL Express and LAN Cargo. For more information, please visit Worldwide Air Logistics Group.
DHL – The logistics company for the world:
DHL is the leading global brand in the logistics industry. DHL’s family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, international express, road, air and ocean transport to industrial supply chain management. With about 325,000 employees in over 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including e-commerce, technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 56 billion euros in 2014. For more information: Deutsche Post DHL Group
FLORENCE, KY – NOVEMBER 17, 2015 – Southern Air, Inc., an operating subsidiary of Worldwide Air Logistics Group, Inc., has added two additional freighters to its fleet, including a fifth Boeing 777 and a fifth Boeing 737-400, bringing the total to 10 aircraft in operation for DHL Express, the world’s leading international air express shipping and logistics provider.
Southern Air’s fifth Boeing 777 adds to the company’s nine-year 777 flight services agreement with DHL Express, announced last year. The Boeing 737-400 expands a separate long-term flight services arrangement that Southern Air has with DHL Express. “With these latest additions to our growing fleet, we are honored to serve as a trusted provider to DHL Express for both domestic and international network airlift operations,” said Dan McHugh, Chief Executive Officer of Worldwide Air Logistics Group, Inc. “This fleet expansion further enhances our support of the growing needs of DHL Express and its customers worldwide,” McHugh added.
Southern Air was the first ACMI operator in the world to fly the Boeing 777, the most technologically advanced, fuel efficient, wide-body freighter in the world. The new additions to the fleet enhance the DHL Express global network to continue to serve customers with fewer stops, faster package transit times and competitive costs. Southern Air’s 737-400 freighter capabilities offer equally safe, efficient and reliable short-haul airlift and currently form a critical and expanding part of DHL Express’ US airlift network.
“Southern Air shares DHL Express’ commitment to performance excellence, superior customer service and environmental responsibility, and we look forward to continuing to meet DHL’s demands for safe, efficient and cost-effective airlift,” said Paul Chase, Chief Operating Officer of Southern Air.
About Southern Air:
Southern Air is the premier provider of safe, fuel-efficient, domestic and intercontinental ACMI/CMI services. Southern Air and its experienced team of aviation professionals deliver high quality services to global customers, meeting and exceeding their air cargo needs. Southern Air serves leading global express delivery provider DHL Express on routes around the world with its fleet of Boeing 777 and 737-400 freighters. The cargo airline has been honored by the FAA with its prestigious Diamond Award of Excellence, the FAA’s highest honor for overall maintenance excellence. For more information, please visit: www.southernair.com.
About Worldwide:
Worldwide Air Logistics Group, Inc. is a leading provider of safe, reliable, cost-efficient, domestic and international ACMI and CMI air cargo services through its separate operating subsidiaries, Southern Air Inc., which operates Boeing 777 and 737-400 aircraft, and Florida West International Airways, Inc., which operates Boeing 767-300 aircraft. Worldwide offers customers highly reliable and efficient air cargo business platforms with a strong record of performance excellence and safety. Customers served include DHL Express and LAN Cargo. For more information, please visit Worldwide Air Logistics Group.
DHL – The logistics company for the world:
DHL is the leading global brand in the logistics industry. DHL’s family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, international express, road, air and ocean transport to industrial supply chain management. With about 325,000 employees in over 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including e-commerce, technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 56 billion euros in 2014. For more information: Deutsche Post DHL Group
11-20-2015, 06:33 AM
#26
Gets Weekends Off
Joined APC: Apr 2011
Posts: 1,550
…In a long shot gambit to pass off a significant hedge fund downturn screw up with EBITDA smoke & mirrors attached to laughable (i.e. non-culpable) financial projections to other greedy but clueless speculators through IPO transaction, we are adding DHL & LAN equipment into ACMI/CMI leaseback contracting with both parties. Despite fearlessly wading chest deep into a nasty labor cold war getting hotter by the day, we remain highly confident strategic press releases of trite, meaningless jargon will ultimately yield the desired result.
11-20-2015, 08:59 AM
#28
Banned
Joined APC: Oct 2015
Posts: 155
Originally Posted by rjcvg
This was just released.
FLORENCE, KY – NOVEMBER 17, 2015 – Southern Air, Inc., an operating subsidiary of Worldwide Air Logistics Group, Inc., has added two additional freighters to its fleet, including a fifth Boeing 777 and a fifth Boeing 737-400, bringing the total to 10 aircraft in operation for DHL Express, the world’s leading international air express shipping and logistics provider.
Southern Air’s fifth Boeing 777 adds to the company’s nine-year 777 flight services agreement with DHL Express, announced last year. The Boeing 737-400 expands a separate long-term flight services arrangement that Southern Air has with DHL Express. “With these latest additions to our growing fleet, we are honored to serve as a trusted provider to DHL Express for both domestic and international network airlift operations,” said Dan McHugh, Chief Executive Officer of Worldwide Air Logistics Group, Inc. “This fleet expansion further enhances our support of the growing needs of DHL Express and its customers worldwide,” McHugh added.
Southern Air was the first ACMI operator in the world to fly the Boeing 777, the most technologically advanced, fuel efficient, wide-body freighter in the world. The new additions to the fleet enhance the DHL Express global network to continue to serve customers with fewer stops, faster package transit times and competitive costs. Southern Air’s 737-400 freighter capabilities offer equally safe, efficient and reliable short-haul airlift and currently form a critical and expanding part of DHL Express’ US airlift network.
“Southern Air shares DHL Express’ commitment to performance excellence, superior customer service and environmental responsibility, and we look forward to continuing to meet DHL’s demands for safe, efficient and cost-effective airlift,” said Paul Chase, Chief Operating Officer of Southern Air.
About Southern Air:
Southern Air is the premier provider of safe, fuel-efficient, domestic and intercontinental ACMI/CMI services. Southern Air and its experienced team of aviation professionals deliver high quality services to global customers, meeting and exceeding their air cargo needs. Southern Air serves leading global express delivery provider DHL Express on routes around the world with its fleet of Boeing 777 and 737-400 freighters. The cargo airline has been honored by the FAA with its prestigious Diamond Award of Excellence, the FAA’s highest honor for overall maintenance excellence. For more information, please visit: www.southernair.com.
About Worldwide:
Worldwide Air Logistics Group, Inc. is a leading provider of safe, reliable, cost-efficient, domestic and international ACMI and CMI air cargo services through its separate operating subsidiaries, Southern Air Inc., which operates Boeing 777 and 737-400 aircraft, and Florida West International Airways, Inc., which operates Boeing 767-300 aircraft. Worldwide offers customers highly reliable and efficient air cargo business platforms with a strong record of performance excellence and safety. Customers served include DHL Express and LAN Cargo. For more information, please visit Worldwide Air Logistics Group.
DHL – The logistics company for the world:
DHL is the leading global brand in the logistics industry. DHL’s family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, international express, road, air and ocean transport to industrial supply chain management. With about 325,000 employees in over 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including e-commerce, technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 56 billion euros in 2014. For more information: Deutsche Post DHL Group
FLORENCE, KY – NOVEMBER 17, 2015 – Southern Air, Inc., an operating subsidiary of Worldwide Air Logistics Group, Inc., has added two additional freighters to its fleet, including a fifth Boeing 777 and a fifth Boeing 737-400, bringing the total to 10 aircraft in operation for DHL Express, the world’s leading international air express shipping and logistics provider.
Southern Air’s fifth Boeing 777 adds to the company’s nine-year 777 flight services agreement with DHL Express, announced last year. The Boeing 737-400 expands a separate long-term flight services arrangement that Southern Air has with DHL Express. “With these latest additions to our growing fleet, we are honored to serve as a trusted provider to DHL Express for both domestic and international network airlift operations,” said Dan McHugh, Chief Executive Officer of Worldwide Air Logistics Group, Inc. “This fleet expansion further enhances our support of the growing needs of DHL Express and its customers worldwide,” McHugh added.
Southern Air was the first ACMI operator in the world to fly the Boeing 777, the most technologically advanced, fuel efficient, wide-body freighter in the world. The new additions to the fleet enhance the DHL Express global network to continue to serve customers with fewer stops, faster package transit times and competitive costs. Southern Air’s 737-400 freighter capabilities offer equally safe, efficient and reliable short-haul airlift and currently form a critical and expanding part of DHL Express’ US airlift network.
“Southern Air shares DHL Express’ commitment to performance excellence, superior customer service and environmental responsibility, and we look forward to continuing to meet DHL’s demands for safe, efficient and cost-effective airlift,” said Paul Chase, Chief Operating Officer of Southern Air.
About Southern Air:
Southern Air is the premier provider of safe, fuel-efficient, domestic and intercontinental ACMI/CMI services. Southern Air and its experienced team of aviation professionals deliver high quality services to global customers, meeting and exceeding their air cargo needs. Southern Air serves leading global express delivery provider DHL Express on routes around the world with its fleet of Boeing 777 and 737-400 freighters. The cargo airline has been honored by the FAA with its prestigious Diamond Award of Excellence, the FAA’s highest honor for overall maintenance excellence. For more information, please visit: www.southernair.com.
About Worldwide:
Worldwide Air Logistics Group, Inc. is a leading provider of safe, reliable, cost-efficient, domestic and international ACMI and CMI air cargo services through its separate operating subsidiaries, Southern Air Inc., which operates Boeing 777 and 737-400 aircraft, and Florida West International Airways, Inc., which operates Boeing 767-300 aircraft. Worldwide offers customers highly reliable and efficient air cargo business platforms with a strong record of performance excellence and safety. Customers served include DHL Express and LAN Cargo. For more information, please visit Worldwide Air Logistics Group.
DHL – The logistics company for the world:
DHL is the leading global brand in the logistics industry. DHL’s family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, international express, road, air and ocean transport to industrial supply chain management. With about 325,000 employees in over 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including e-commerce, technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 56 billion euros in 2014. For more information: Deutsche Post DHL Group
11-20-2015, 11:41 AM
#29
Gets Weekends Off
Thread Starter
Joined APC: Feb 2007
Position: 767 CA
Posts: 217
Originally Posted by Czech Airman
This is good news for SAI. This will put even more pressure on ABX, ATI, Atlas and K4 to keep their crew costs under control to ensure continued DHL flying that they are all dependent on.
11-20-2015, 12:00 PM
#30
Banned
Joined APC: Oct 2015
Posts: 155
Originally Posted by DC8 Driver
Ok, well.. I guess I'm going to pop a bag of popcorn and sit back and watch the show.
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