All Polar Air Cargo articles
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News
More former Polar executives sentenced
The former vice president of marketing, revenue management and network planning at Polar Air Cargo has been handed a 32-month prison sentence for taking part in a massive, long running scheme to defraud the cargo airline of more than $32m in revenue.Abilash Kurien was sentenced by the US District Court ...
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Schirmer sentenced in Polar fraud case
Former Polar Air Cargo employee Robert Schirmer has been sentenced to 18 months in prison after pleading guilty last year to taking part in a scheme to defraud the US cargo airline out of millions of dollars. Ex-executive Schirmer pled guilty last October to one count of conspiring to commit ...
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Ex-Polar Air Cargo chief operating officer jailed for fraud
Former Polar Air Cargo chief operating officer Lars Winkelbauer has been sentenced to four years in prison for his alleged part in a scheme to defraud the airline of more than $32m in revenue.Winkelbauer previously pled guilty to conspiracy to commit wire fraud and money laundering, said the US Attorney’s ...
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NewsPolar goes for growth
Polar Air Cargo is raising the bar for gender diversity in the industry as it strives to grow its network.At a time when women in the air cargo industry continue to be underrepresented at senior level it’s refreshing to see a majority women-led airline going from strength to strength.Four out ...
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NewsPolar's new management helps firm move on from fraud case
Photo: Carlos Yudica/ ShutterstockPolar Air Cargo has moved forward with a robust company culture one year on from the announcement of a major fraud case.Speaking to Air Cargo News at the CNS Partnerships Conference in Dallas, Kersti Krepp, senior vice president and chief commercial officer at Polar Air Cargo said ...
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Another ex Polar executive pleads guilty to fraud
A former senior operations executive at Polar Air Cargo Worldwide has pleaded guilty to defrauding the US cargo airline.Carlton Llewellyn pleaded guilty to one count of conspiring to commit wire fraud in connection with a major scheme to defraud Polar Air Cargo, confirmed a press release by the US Attorney's ...
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NewsAir Cargo News' most-read stories 2023
Photo: Khongtham/Shutterstock.The past 12 months have been another tough period for the air cargo market as a sluggish global economy transferred through to weak air cargo volumes.However, airfreight rates and revenues remained above pre-covid levels and e-commerce and other special product categories continued to support the market. There were also ...
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Ex Polar Air Cargo executive pleads guilty to fraud
Former Polar Air Cargo executive Robert Schirmer has pleaded guilty for his part in allegedly defrauding the cargo carrier out of millions of dollars.Robert Schirmer was one of 10 people charged earlier this year with defrauding the Atlas Air Worldwide/DHL subsidiary of tens of millions of dollars in revenue, said ...
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NewsPolar Air Cargo renews Network Cargo contract in Canada
A Polar Air Cargo Boeing 747-400 Freighter. Photo: Network Aviation GroupNew York-based all-cargo carrier Polar Air Cargo has renewed its GSA contract with Network Cargo across Canada for a further three years, as of July 1.Network Cargo is the GSSA branch of the Network Aviation Group in North America. The ...
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10 people charged with defrauding Polar Air Cargo Worldwide
10 people have been charged with defrauding Atlas Air Worldwide subsidiary Polar Air Cargo.Elements of the US criminal justice system, including the United States Attorney for the Southern District of New York, the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS), have cooperated to charge individuals with ...
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Reports: Apollo group in talks over Atlas Air takeover bid
A group led by investment firm Apollo Global Managment is in talks to purchase airfreight group Atlas Air Worldwide Holdings, according to Reuters.The newswire quotes a person familiar with the matter as saying that talks are at an advance stage, although no details of whether a deal had been reached ...
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NewsPolar Air Cargo picks WFS for LA handling
Source: WFSPolar Air Cargo has selected WFS to provide cargo handling services at Los Angeles International (LAX).As of December 2021, WFS has been providing full warehouse handling services for the more than 5,000 tonnes of cargo carried each month by Polar’s all-Boeing freighter fleet ex-LAX.WFS already provides handling services to ...
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Atlas Air and Polar Air Cargo receive IATA CEIV Pharma certification
Atlas Air Worldwide's subsidiary companies, Atlas Air and Polar Air Cargo Worldwide, have both received IATA CEIV Phamra certification.The certification confirms the carriers' capability of handling temperature-sensitive pharma goods to IATA’s globally recognised standard.The certificataion comes as the global rollout of Covid-19 vaccines continues.Michael T. Steen, executive vice president and ...
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NewsPolar appoints Network Cargo as Canada GSA
Network Cargo have been appointed by Polar Air Cargo (PAC) as GSA in Canada.“We are extremely pleased to announce that we have appointed Network Cargo, as our general sales agent for all of Canada,” said PAC vice president of sales, Americas, Thomas Betenia.The deal includes the whole of Canada, utilising ...
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US carriers prohibited from Gulf of Oman and Persian Gulf airspace following military action
CLICK HERE FOR LATEST UPDATEUS airlines, including freighter operators, have been banned from flying over certain areas of the Middle East in light of the recent military action in the region and heightened political tension.The US Federal Aviation Administration last week issued a Notice to Airmen (NOTAM) prohibiting US aircraft ...