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Atlas Air Worldwide Orders Two New Boeing 777 Freighters

Atlas Air Worldwide Inc. has announced it has ordered two new Boeing 777 Freighters driven by ongoing strong customer demand for dedicated large widebody airfreight capacity, particularly for cross border e-Commerce shipping. The two new 777 Freighters, which were booked earlier this quarter, are expected to be delivered in the second half of 2024. This strategic investment underscores the Company’s commitment to growing its 777F platform, and for providing leading-edge aircraft and service offerings to its customers, as well as creating more long-haul flying opportunities for its pilots.

As previously announced, the Company most recently ordered four 777 Freighters in 2021, which are placed on a long-term ACMI (aircraft, crew, maintenance, insurance) agreement with MSC Mediterranean Shipping Company SA. Three of these aircraft have been delivered, with the fourth 777 expected to be delivered in December 2023.

“We are excited to add these aircraft to our leading world-class fleet. These come at a time when retirements of older widebody freighters will significantly increase and when the introduction of new widebody freighter capacity will be limited. We have a deep pipeline of prospective customers interested in these 777 Freighters, and we’re confident in our ability to place them under long-term agreements,” said Michael Steen, Chief Executive Officer, Atlas Air Worldwide.

Mr. Steen added: “We have a strong and resilient business model that is highly diversified, with strong support from our investment partners, which combined with our unique market position will allow us to deliver our strategic growth plan.

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