fogrunner
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- Dec 1, 2001
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Atlas Air reduces fleet, cuts jobs
Feb 9, 2009
Atlas Air Worldwide has announced it will downsize its fleet and cut a number of crew and ground staff positions.
According to AAWW company president & CEO William Flynn, the current pronounced downturn in global airfreight demand has caused the company to accelerate its plans to retire a number of its older 747-200 aircraft.
"We have continued to de-risk our fleet plan through the retirement of our aging 747-200 assets and to aggressively reduce operating costs in line with the reductions in capacity," said Flynn. "To that end, we have taken a number of actions to reduce our -200 fleet by seven aircraft and to reduce our crew force and ground staff in line with this decision."
The changes mean that AAWW will manage and operate a fleet of 29 Boeing 747 freighter aircraft - seven 747-200Fs and 22 747-400Fs.
In conjunction with the expected downsizing of the 747-200 fleet, the company has negotiated early termination agreements with its lessors regarding the leases on four 747-200 aircraft due to expire in 2009 and 2010. This will enable the company to avoid maintenance expenditure on these aircraft.
AAWW will be able to use the remaining 747-200 engines and related parts to support the rest of the 747-200 operating fleet and to reduce future maintenance expenditure.
http://www.eyefortransport.com/content/atlas-air-reduces-fleet-cuts-jobs
Feb 9, 2009
Atlas Air Worldwide has announced it will downsize its fleet and cut a number of crew and ground staff positions.
According to AAWW company president & CEO William Flynn, the current pronounced downturn in global airfreight demand has caused the company to accelerate its plans to retire a number of its older 747-200 aircraft.
"We have continued to de-risk our fleet plan through the retirement of our aging 747-200 assets and to aggressively reduce operating costs in line with the reductions in capacity," said Flynn. "To that end, we have taken a number of actions to reduce our -200 fleet by seven aircraft and to reduce our crew force and ground staff in line with this decision."
The changes mean that AAWW will manage and operate a fleet of 29 Boeing 747 freighter aircraft - seven 747-200Fs and 22 747-400Fs.
In conjunction with the expected downsizing of the 747-200 fleet, the company has negotiated early termination agreements with its lessors regarding the leases on four 747-200 aircraft due to expire in 2009 and 2010. This will enable the company to avoid maintenance expenditure on these aircraft.
AAWW will be able to use the remaining 747-200 engines and related parts to support the rest of the 747-200 operating fleet and to reduce future maintenance expenditure.
http://www.eyefortransport.com/content/atlas-air-reduces-fleet-cuts-jobs
