Atlas Air to receive first 747-8 freighter in October

Published 10:46 am Tuesday, August 2, 2011

Atlas Air expects to receive its first Boeing Co. 747-8 freighter in October, the company said Tuesday.

Atlas Air also anticipates receiving another two 747-8 freighters in November. The company believes the updated freighters will lower its costs.

“Our 747-8F aircraft will drive volumes and profitability in our core … business,” noted William J. Flynn, president of Atlas Air Worldwide Holdings Inc.

For more on Atlas’ earnings, read this.

Boeing hopes to deliver both the first 747-8 freighter and passenger plane by year’s end.