DJ Atlas Air Expands FedEx Air-Freighter Contract
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 08:07 ET (12:07 GMT)
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