Atlas Air has entered a standard wet-lease agreement with Federal Express Corp. for two Atlas 747-400 and one 747-200 freighters, with service to begin in the fourth quarter. FedEx, which is embroiled in a bitter contract dispute with its pilots' union, has set down a contingency plan in the event of a pilot strike that includes contracting for airlift. Atlas Chairman, Chief Executive and President Michael Chowdry said, however, that Atlas and FedEx have been discussing the deal for some ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "FedEx Signs Wet-Lease Contract With Atlas Air".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.