Atlas Air Worldwide has announced it has ordered four new Boeing 747-8 freighters making it the last ever orders for the model and are expected to be delivered from May through October 2022.
The aircraft will enable the freight company to meet its strong customer demand in the air freight market, particularly the fast-growing e-commerce and express sectors.
Following on from the company’s business model, it will reportedly provide the group “flexibility” to operate these new aircraft for customers or take advantage of dry-leasing opportunities through its Titan Aviation Leasing subsidiary.
Atlas’ investment in these new aircraft underscores its ongoing commitment to “environmental stewardship” through the reduction of noise, aircraft emissions and resource consumption.
John W. Dietrich, president and CEO of Atlas Air Worldwide, said: “The 747-8F is the best and most versatile widebody freighter in the market, and we are excited to bolster our fleet with the acquisition of these four aircraft.
“This significant growth opportunity will enable us to capitalise on strong demand and deliver value for our existing and prospective customers. The efficiency and capability of the 747-8F further complements our longstanding focus on leading-edge technology.”
He added: “The 747 will forever hold a special place in aviation history and we are honoured by Atlas Air’s longstanding commitment to the airplane.
“Atlas Air began operations 28 years ago with a single 747 and it is fitting that they should receive the last 747 production airplanes, ensuring that the ‘Queen of the Skies’ plays a significant role in the global air cargo market for decades to come.”