Atlas inks five-year deal to provide freighters to FedEx

Atlas Air Worldwide Holdings (AAWW) has entered into a five-year agreement with FedEx Express to provide five 747-400 freighter aircraft during peak flying seasons, starting in 2017 and lasting through 2021. While Atlas has previously provided freighters to FedEx on an ad-hoc basis, the agreement is the first to lock in aircraft this far in advance, suggesting that FedEx is confident about its position in the market well into the future.
“We have worked closely and successfully with FedEx for…

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Source: aircargoworld