re plane crash in houston just now:
ATLAS AIR INC check out the name CHOWDRY
history
Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, is a cargo airline, passenger charter airline, and aircraft lessor based in Purchase, New York.[2] The airline was named after Atlas, a Titan in Greek mythology, who carried the heavens on his shoulders. Their symbol on the plane's tail is a golden man carrying a golden world. With a total combined fleet of 54 Boeing 747 aircraft, Atlas is the world's largest operator of this iconic fleet type. The airline has 2870 employees and operates to 425 destinations in 119 countries
Atlas Air began operations in 1992. The airline's founder, the late Michael Chowdry, started by leasing aircraft to other airlines on an Aircraft, Crew, Maintenance, and Insurance (ACMI) contract basis. The first customer, China Airlines, contracted one airplane to start ACMI service in 1993. By 1995, Atlas Air began trading publicly and in 1997, Atlas placed an order for 10 new Boeing 747-400 Freighters (Boeing 747-400F). Two additional 747-400 aircraft orders were placed in 1998.
On January 30, 2004, Atlas Air Worldwide entered Chapter 11 bankruptcy. In July 2004, the parent company completed its restructuring plan and emerged from Chapter 11 bankruptcy protection.[4]
In March 2010, Atlas Air was awarded a nine-year contract for the operation of the Boeing 747 Large Cargo Freighter (LCF) 'Dreamlifter' for transporting aircraft parts to Boeing from suppliers around the world. It commenced operation in September 2010 under a CMI (Crew, Maintenance and Insurance) contact.
https://en.wikipedia.org/wiki/Atlas_Air
CHOWDRY, 'LATE' OWNER
Michael A. Chowdry (1954-2001) was a Pakistani-American businessman who became the founder of American-based cargo carrier Atlas Air in 1992. He made the Forbes 400 list and with a net worth of $920 million, ranked among the richest American businessmen of Pakistani heritage before his death in a plane crash in 2001.
Born in Pakistan in a Christian Punjabi family, Chowdry emigrated to England aged 15 . He was a son of Chowdry Akbar Buttar; a government bureaucrat. In 1976, he moved to the United States where he graduated from the University of Minnesota Crookston in 1978 with a degree in Agricultural Aviation and a burning desire to put his formal education to use. Always a flying enthusiast, he started his aviation career flying crop dusters and selling Piper airplanes to cover his college tuition.
Chowdry expanded his business into buying and selling landing rights at constrained airports in the early 1980s. In 1984, he started a company named Aeronautics Leasing, which leased passenger airplanes to major carriers such as Pan American, British Airways and Trans World Airlines. In 1992, Michael Chowdry founded Atlas Air which propelled his business to new heights. The Purchase, NY-based company operates a fleet of B747 freighters in 101 cities and 46 countries and has a market capitalization of about $1.39 billion.
On January 24, 2001, Michael Chowdry lost his life while flying his personal Czech-made Aero L-39 Albatros jet trainer with Jeff Cole, aerospace editor of the Wall Street Journal. The plane crashed in Watkins, Colorado, killing both Chowdry and Cole. Chowdry was survived by his wife Linda, two children, two stepchildren and one cousin.
https://en.wikipedia.org/wiki/Michael_Chowdry
MOAR CHOWDRY
net worth of $920 million, ranked among the richest American businessmen of Pakistani heritage before his death in a plane crash in 2001.
Born in Pakistan in a Christian Punjabi family, Chowdry emigrated to England aged 15 . He was a son of Chowdry Akbar Buttar; a government bureaucrat. In 1976, he moved to the United States where he graduated from the University of Minnesota Crookston in 1978 with a degree in Agricultural Aviation and a burning desire to put his formal education to use. Always a flying enthusiast, he started his aviation career flying crop dusters and selling Piper airplanes to cover his college tuition.
Chowdry expanded his business into buying and selling landing rights at constrained airports in the early 1980s.
https://www.revolvy.com/page/Michael-Chowdry
LIVE STREAM FROM HOUSTON
https://www.click2houston.com/news/boeing-767-cargo-jet-crashes-into-trinity-bay-3-people-aboard-faa-says
KEY EXECUTIVES
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=3037761