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Cathay to lease two freighters from Atlas to support expanding services
HONG Kong's Cathay Pacific Cargo says it has reached agreement with Atlas Air Worldwide to wet-lease two Boeing 747-8 freighters from May 2017 to support its airfreight operations.
The two freighters, which will be operated by Atlas Air through an aircraft, crew, maintenance and insurance (ACMI) service agreement, will be deployed to supplement capacity on Cathay Pacific Cargo's existing network, according to an airline statement.
Cathay Pacific director cargo Simon Large said: "This agreement underscores the strength of our cargo operations and our commitment to enhance the frequency of our services across our expanding global network. We are very pleased to be able to provide our customers with increased options, flexibility and convenience and look forward to developing a long-term partnership with Atlas Air Worldwide."
President and CEO, Atlas Air Worldwide, William J Flynn, said: "Cathay Pacific is a prominent global airline and a standout performer in the airfreight market. With two of our next-generation -8 freighters - offering greater performance in payload, fuel efficiency and total cost per tonne-mile - in service for Cathay Pacific Cargo, we look forward to supporting the airline as it takes advantage of the market opportunities before it."
The two freighters, which will be operated by Atlas Air through an aircraft, crew, maintenance and insurance (ACMI) service agreement, will be deployed to supplement capacity on Cathay Pacific Cargo's existing network, according to an airline statement.
Cathay Pacific director cargo Simon Large said: "This agreement underscores the strength of our cargo operations and our commitment to enhance the frequency of our services across our expanding global network. We are very pleased to be able to provide our customers with increased options, flexibility and convenience and look forward to developing a long-term partnership with Atlas Air Worldwide."
President and CEO, Atlas Air Worldwide, William J Flynn, said: "Cathay Pacific is a prominent global airline and a standout performer in the airfreight market. With two of our next-generation -8 freighters - offering greater performance in payload, fuel efficiency and total cost per tonne-mile - in service for Cathay Pacific Cargo, we look forward to supporting the airline as it takes advantage of the market opportunities before it."
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