Grunf
29th Nov 2005, 21:36
Atlas Air looking at providing passenger lift
Atlas Air Worldwide Holdings President and CEO Jeffrey Erickson said in London yesterday that Atlas is looking to go into the passenger ACMI business using 747-400s. Speaking at the Air Cargo Seminar that opened the Future of Air Transport Conference, Erickson said the company hopes to build on its business relationships with cargo ACMI customers, grow its ACMI base and add a new revenue stream. The business would be a good fit, he said, because it is countercyclical with cargo activities, peaking in the summer while cargo has its big peak in the fourth quarter with a smaller peak in early spring. Atlas is on the lookout for used 747-400 passenger aircraft, possibly from airlines shedding their 747 fleets or moving over to A380s.
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So any thoughts since this might hit some of you guys?
Atlas Air Worldwide Holdings President and CEO Jeffrey Erickson said in London yesterday that Atlas is looking to go into the passenger ACMI business using 747-400s. Speaking at the Air Cargo Seminar that opened the Future of Air Transport Conference, Erickson said the company hopes to build on its business relationships with cargo ACMI customers, grow its ACMI base and add a new revenue stream. The business would be a good fit, he said, because it is countercyclical with cargo activities, peaking in the summer while cargo has its big peak in the fourth quarter with a smaller peak in early spring. Atlas is on the lookout for used 747-400 passenger aircraft, possibly from airlines shedding their 747 fleets or moving over to A380s.
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So any thoughts since this might hit some of you guys?