Atlas Air Expands FedEx Air-Freighter Contract
September 22 2021 - 8:37AM
Dow Jones News
By Matt Grossman
Atlas Air Worldwide Holdings Inc. is expanding its partnership
with FedEx Corp. to provide two additional freighter aircraft.
The additional aircraft are Boeing 747-400 freighters that Atlas
will provide along with crew, maintenance and insurance, the
company said. They will add to Atlas's existing multi-year
peak-season contract with FedEx to provide at least five aircraft
during the fourth quarter.
Atlas Chief Executive John Dietrich said that the agreement
reflects strong market demand for air-freight capacity.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
September 22, 2021 08:22 ET (12:22 GMT)
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