Atlas Air to Buy Last Four Brand New Boeing 747 Airplanes



(14 Jan 2021)
Atlas Air has signed an agreement with Boeing to
purchase four 747-8 Freighters.

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 747-8F 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.”

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.

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.

“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.”

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  • January 23, 2021
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