BOC Aviation has placed three Boeing 747-8 freighters with new customer Atlas Air and signed sale-and-leaseback deals for 15 new Airbus A320neos with Frontier.
Investigators are examining an engine fire on an Atlas Air Boeing 747-8F that had to return to Miami International Airport shortly after takeoff on Jan. 18.
Atlas described its latest order as underscoring a commitment to grow its 777F platform, and “meets our strict return guidelines for investing in aircraft.”
The logistics arm of Chinese e-commerce giant Alibaba is opening an air freight center at Shenzhen Bao’an to ramp up its air cargo operation with Atlas Air.
A significant portion of the in-service fleet is coming up for retirement and feedstock for passenger-to-freighter (P2F) conversions is becoming scarce.