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Atlas Air places 8th Boeing 747-8 freighter into ACMI service.

AIRLINE INDUSTRY INFORMATION-(C)1997-2013 M2 COMMUNICATIONS

New York-based outsourced aircraft and aviation operating solutions provider Atlas Air Worldwide Holdings Inc (NASDAQ: AAWW) said it has placed its eighth Boeing 747-8 (NYSE: BA) freighter into ACMI service.

According to Atlas, the aircraft will fly on behalf of Etihad Cargo, the cargo arm of United Arab Emirates-based Etihad Airways pursuant to a multiyear aircraft, crew, maintenance and insurance agreement that commences in May 2013.

The new contract between the companies follows a letter of intent announced on April 1, 2013, and complements an existing Boeing 747-400F ACMI arrangement between Atlas and Etihad. The aircraft will be operated in full Etihad Cargo livery.

Atlas said it is the only ACMI provider in the world to offer the Boeing 747-8F aircraft to its customers.

The firm is the parent company of Atlas Air, Inc and Titan Aviation Leasing and is the majority shareholder of Polar Air Cargo Worldwide, Inc.

Find out more at www.atlasair.com.

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Publication:Airline Industry Information
Date:May 3, 2013
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