Eric Kulisch - Air Cargo Editor - FreightWaves - Vancouver, WA

Several news developments that all involve DHL Express to some degree: 

1) Scoop - FW has learned that a DHL airline in Europe (technically Austria) has applied for permission to operate to the U.S. with a new set of freighters it's acquiring - it's interesting on several levels, including that this DHL unit is supposed to just operate in Europe 

2) Air Transport Services Group reported 1Q earnings last week. They lowered their guidance but the news is that investors are trading off the stock, which has dropped in value, because they feel the company is allocating too much for cap ex to buy planes for the leasing side the business, which also has the better upside than the airline side. (The DHL angle is that ATSG leases a lot of planes to DHL and also flies aircraft for DHL)  

3) Atlas Air announced a leadership succession, with CCO moving up to CEO. Atlas too is a DHL contractor and JV partner in Polar Air . . .  

4) Japan Airlines is standing up a freighter division again, beefing up its cargo service.

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