Atlas Air Worldwide Holdings, Inc. has taken delivery of the first of nine Boeing 747-8 Freighters the company has on order.
The Boeing 747-8F will be operated by Atlas Air ‘s 49 per cent subsidiary, Global Supply Systems (GSS), for British Airways World Cargo through a five-year wet-lease agreement. A wet lease is one in which the lessor of the aircraft also operates, maintains and insures it for the company leasing the aircraft.
“We have been looking forward to the delivery of our first 747-8F for a long time, and we are delighted that it is going into service with our valued, long-standing customer, British Airways World Cargo,” says William Flynn, president and chief executive officer of Atlas Air Worldwide Holdings, Inc.
As part of the lease agreement for three 747-8 Freighters with GSS, British Airways World Cargo will use the aircraft on long-haul routes to cargo hubs in Asia, Africa, India and the United States.
“The addition of the 747-8 Freighter to the fleet is an important step in our overall long-haul business strategy,” says Jude Winstanley, senior vice president for IAG Cargo, which is comprised of BA World Cargo and Iberia Cargo. “The 747-8 Freighter provides us market-leading performance in terms of payload, fuel efficiency, low tonne-kilometer cost and environmental compliance.”
“The 747-8 Freighter will enable Atlas and British Airways World Cargo to build on their success in the air cargo market,” says Kevin Schemm, vice president of North America and Leasing Sales for Boeing Commercial Airplanes. “This airplane will deliver unparalleled efficiency and low operating costs, including double-digit improvements in fuel burn and lower emissions over the 747-400 it will be replacing.”
Boeing’s new 747-8 Freighter is 250 feet, 2 inches (76.3 m) long, which is 18 feet and 4 inches (5.6 m) longer than its predecessor, the Boeing 747-400 Frighter.
Its fuselage length makes the 747-8F (and its sister the Boeing 747-8 Intercontinental passenger aircraft) the longest commercial-jet type, taking this distinction away from the Airbus A340-600.
The fuselage stretch over the Boeing 747-400F provides customers with 16 per cent more revenue cargo volume, which translates to four additional main-deck pallets and three additional lower-hold pallets. All 747-8 Freighters are powered by General Electric GEnx-2B engines.