Wednesday 26th Oct 2016 - Logistics Manager

Atlas Air rejects early-build freighters

Atlas Air Worldwide has refused three early-build Boeing 747-8 Freighters that it had contracted to take.

The aircraft were part of an order for 12 747-8Fs announced in September 2007.

William Flynn, president and chief executive, said: “As prudent asset managers, terminating the first three aircraft was the right decision for our fleet, our customers and our stockholders. We expect the remaining 747-8Fs in our order to be better-performing aircraft than those we have terminated.”

Earlier this month Cargolux rejected two 747-8 Freighters that it had ordered owing to unresolved contractual issues.

Atlas Air now expects to receive three 747-8Fs in 2011, four in 2012, and two in 2013.

Flynn said “The 747-8Fs represent a substantial investment in the growth of our business and are the cornerstone of our long-term fleet strategy, reinforcing our position as the most-advanced, most-efficient and most-reliable provider of outsourced aircraft and aviation operating services.”