Atlas Air Worldwide Purchases Four Boeing 747-8 Freighters
Freighters to add additional capacity to meet growing
e-commerce and express cargo demand
Order will complete production of the 747-8 in 2022
SEATTLE, Jan. 12,
2020 – Boeing
[NYSE: BA] and Atlas Air Worldwide today announced an agreement to purchase
four 747-8 Freighters. The order enables Atlas Air to leverage the operational
advantages of the 747-8 Freighter to meet growing cargo demand around the
globe.
“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,” said John W. Dietrich,
Atlas Air Worldwide President and Chief Executive Officer. “This significant
growth opportunity will enable us to capitalize 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. Dedicated freighters – like those operated by our Atlas, Polar and
Southern subsidiaries – will continue to be in demand as the global airfreight
market, particularly the e-commerce and express sectors, continues to grow.”
With a maximum payload
capacity of 137.7 metric tonnes (137,750 kg), the 747-8 Freighter allows
customers to access 20% more payload capacity while using 16% less fuel
compared to previous-generation 747s. The jet also features 30% quieter
engines. The 747-8 airplanes in this agreement will be the final four aircraft
to roll off the production line in Everett, Washington.
“The 747 will forever hold a
special place in aviation history and we are honored 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,” said Stan
Deal, president and chief executive officer of Boeing Commercial Airplanes.
“With the global air cargo fleet expected to grow by more than 60% over the
next 20 years, we look forward to delivering these airplanes and supporting
Atlas Air’s Boeing fleet well into the future.”
Atlas Air has 53 747s in its
current fleet, making it the largest 747 operator in the world. Its world-class
fleet also includes 737s, 767s and 777s. The 747 and 777 models, in particular,
are capable of carrying tall and outsized cargo loads on 3-meter-high
(10-foot-tall) pallets. This common main-deck pallet height supports
interchangeable pallets, adding to the versatility of both models.
Boeing, the market leader in
air cargo aircraft, provides more than 90% of the dedicated freighter capacity
around the world, including new production and converted freighters. The 747
program has produced 1,560 aircraft since launching the jumbo jet more than 50
years ago. In July 2020, Boeing announced its decision to complete production
of the 747-8 in 2022.
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