Atlas Air places largest-ever freighter order from Airbus

Atlas Air Worldwide Holdings Inc., a leading global air cargo operator, revealed its biggest order for new planes, intending to expand its business further.

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Atlas Air places largest-ever freighter order from Airbus © Daily Management Review

The airline is set to acquire 20 A350 freighters from Airbus, with the possibility of acquiring 20 additional ones, Chief Executive Officer Michael Steen informed Bloomberg. “This investment is focused on ongoing expansion,” he stated.

Steen mentioned that there is considerable need for the airline’s services, necessitating additional aircraft. “This decision will undoubtedly enhance Atlas’s competitiveness,” he added.

Atlas Air exclusively operates aircraft from Boeing Co. It possesses the largest fleet of Boeing 747s globally and additionally operates 767 and 777 planes.

The airline’s fleet includes 113 planes, and the oldest ones are expected to be retired in the early 2030s, according to the CEO.

source: bloomberg.com

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