A Tidy Bundle In Air Cargo

Atlas Air may be No. 3, but its low-cost structure is tops

Michael A. Chowdry remembers the exact moment Atlas Air Inc. was conceived. It was August, 1991, six months after the Persian Gulf War, and he was peering out of his hotel room window overlooking Hong Kong's Kai Tak airport. Although lingering fears of terrorism had sharply thinned the number of passenger flights, the landing lights of cargo planes stretched like pearls to the horizon. Leisure travelers can be fickle, but as Chowdry was learning, not even a war slows air freight.

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