Atlas to get invovled in pax traffic?
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Atlas to get invovled in pax traffic?
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?
Last edited by Grunf; 30th Nov 2005 at 14:34.
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Strictly rumor
The rumor I heard was troop transport along the lines of what ATA does.
But if he made comments referencing seasonal passenger markets, well, that doesn't sound like troop transport.
But if he made comments referencing seasonal passenger markets, well, that doesn't sound like troop transport.
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zerozero
There's a good discussion on another forum about this and the consensus is that Atlas would have to operate passenger aircraft for a year before being eligible for military pax contracts. Also, the military seems to be moving toward using smaller aircraft instead of larger ones.
Outside of flying for the military the market is pretty limited for ACMI contracts using such a large aircraft. The rates would obviously be high and users would need to fill a lot of seats on a consistent basis to justify it. I would like to hear what market the CEO believes is available for these aircraft.
There's a good discussion on another forum about this and the consensus is that Atlas would have to operate passenger aircraft for a year before being eligible for military pax contracts. Also, the military seems to be moving toward using smaller aircraft instead of larger ones.
Outside of flying for the military the market is pretty limited for ACMI contracts using such a large aircraft. The rates would obviously be high and users would need to fill a lot of seats on a consistent basis to justify it. I would like to hear what market the CEO believes is available for these aircraft.
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Another one bites the dust
Thanks for putting that rumor to rest!
Personally I don't know why anyone would get involved in the pax market these days.
Pound for pound, freight is where the money's at.
But who am I? I just drive.
Ciao.
Personally I don't know why anyone would get involved in the pax market these days.
Pound for pound, freight is where the money's at.
But who am I? I just drive.
Ciao.
PAX ACMI
Atlas apparently will be involve in ACMI PAX because they are taking delivery of ex PX 400s but it will take time to convert them into freighters.
Word around is that the customer might be Etihad......EY wants to fly to NY but don't have (as of today) landing rights, it could take up to 2 years to obtain, in the mean time they will will using Atlas's slot into JFK.
Cheers...
Word around is that the customer might be Etihad......EY wants to fly to NY but don't have (as of today) landing rights, it could take up to 2 years to obtain, in the mean time they will will using Atlas's slot into JFK.
Cheers...