Atlas Cancels 3 747-8's
09-21-2011, 01:24 PM
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Atlas Cancels 3 747-8's
Atlas Air Worldwide Provides Fleet Update - Yahoo! Finance
Atlas Air Worldwide Provides Fleet Update
Atlas Air Worldwide Provides Fleet Update
- Exercises termination rights for three early build 747-8 Freighters due to delays and performance considerations
- Now expects to receive nine 747-8Fs through 2013, five of which have been placed under long-term ACMI contracts
- Confirms first three deliveries of 747-8F aircraft scheduled for October and November 2011 will enter ACMI service with British Airways; first two deliveries scheduled for first half of 2012 will enter ACMI service with Panalpina
- Expects to retire remaining fleet of five older-generation 747-200 cargo aircraft in 2012 as planned; modern, more-efficient 747-400 cargo aircraft to provide continuing service
09-21-2011, 05:54 PM
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Originally Posted by HSLD
Cargo Lux did the same thing on Monday. Word is that the Ocho is on the heavy side and is not making the advertised performance numbers.
09-22-2011, 01:37 AM
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Originally Posted by Spartan74
When is the 1st aircraft to arrive?
Heard from a source at GSS/BAWC that BAWC have finally signed the "change to contract" and the first -8F will turn up at EGSS end-October and the second and third in November. I believe GSS are now trying to source a second customer for one/all of the -400F's on an ACMI contract. A first for GSS, they have previously been a one customer operation since they began.
09-22-2011, 06:28 AM
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Not too worried. There is still growth to be had at Atlas ... 44 total owned / operated aircraft by year-end 2013.
Fleet Plan Update
By year-end 2013, Atlas Air’s cargo operations are expected to include nine 747-8Fs and 24 747-400 freighters. It also expects to have two passenger 747-400s and three passenger 767-300s providing charter service to the U.S. military and other customers.
In addition, Atlas Air expects to operate at least 11 customer-owned aircraft in its CMI (crew, maintenance and insurance) operations. These operations include four 747 Large Cargo Freighters for Boeing, five 767 freighters for DHL Express, and two additional 747-400 passenger aircraft for SonAir.
As previously disclosed, the Company’s five remaining older-generation 747-200 cargo aircraft are expected to be retired by mid-2012, with modern, more-efficient 747-400F aircraft providing continuing service. The Company also expects to return two 747-400BCFs to their lessors at the end of their lease terms in early 2014 and early 2015, respectively. These two aircraft were leased as bridge capacity due to the delay in the delivery of the first 747-8Fs.
Fleet Plan Update
By year-end 2013, Atlas Air’s cargo operations are expected to include nine 747-8Fs and 24 747-400 freighters. It also expects to have two passenger 747-400s and three passenger 767-300s providing charter service to the U.S. military and other customers.
In addition, Atlas Air expects to operate at least 11 customer-owned aircraft in its CMI (crew, maintenance and insurance) operations. These operations include four 747 Large Cargo Freighters for Boeing, five 767 freighters for DHL Express, and two additional 747-400 passenger aircraft for SonAir.
As previously disclosed, the Company’s five remaining older-generation 747-200 cargo aircraft are expected to be retired by mid-2012, with modern, more-efficient 747-400F aircraft providing continuing service. The Company also expects to return two 747-400BCFs to their lessors at the end of their lease terms in early 2014 and early 2015, respectively. These two aircraft were leased as bridge capacity due to the delay in the delivery of the first 747-8Fs.
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