Atlas Air Worldwide Holdings posted a net loss of $752,000 for the first quarter of 2017, reversed from the company’s $471,000 net profit in the year-ago quarter. Additionally, Atlas president and CEO William Flynn said the company has placed two Boeing 747-8Fs with Hong Kong-based Cathay Pacific Cargo on an ACMI (crew, maintenance and insurance) basis, with service beginning in May. The Purchase, New York-based air cargo operator reported $475.4 million in operating revenue for the ...

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