Boeing Awards Atlas Air Long-Term Contract

[Craig Applegate 1207]

Boeing Awards Atlas Air Long-Term Contract to
Operate Dreamlifter Fleet in Support of 787 Dreamliner Program
Atlas Air to Deliver Major Assemblies for Boeing’s All-New Commercial Jetliner
Nine-Year Contract Grows Atlas Air’s Outsourced CMI Service Offering


Purchase, N.Y., March 4, 2010 – Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and outsourced aircraft operating services, announced today that Boeing (NYSE: BA) has selected Atlas Air to provide key supply-chain support for the production of Boeing’s all-new commercial jetliner, the 787 Dreamliner.

Beginning toward the latter part of 2010, Atlas Air will operate Boeing’s Dreamlifter fleet of four 747-400 aircraft that have been modified to transport major assemblies for the 787 Dreamliner from suppliers around the world to Boeing production facilities in the United States.


The parties have structured the nine-year agreement in a manner consistent with the outsourcing business model under which Atlas Air typically operates. Under that model, Atlas Air will receive contractually determined revenues for the operation of the Dreamlifter aircraft, with Boeing assuming responsibility for certain direct costs, including fuel. Under the CMI arrangement, Boeing will provide and maintain ownership of the aircraft assets.

“Atlas Air is very excited to partner with Boeing as it ushers in a new era in air travel with the first all-new jet airplane of the 21st century,” said William J. Flynn, President and Chief Executive Officer of Atlas Air Worldwide Holdings, Inc. “We look forward to working closely with Boeing and to providing world-class Dreamlifter service.

“Our dynamic customer solutions and our ability to integrate with our customers’ operations set us apart from other participants in the aircraft operating solutions market. We believe that our global scope and scale, high-quality service and reliability, cost-effective operations, and premium customer service create a compelling value proposition for our customers.”


Mr. Flynn added: “We are well positioned to execute on our growth initiatives and to drive future revenues and earnings. In addition to the expected start-ups of our new CMI service for Boeing in the second half of this year and for SonAir in the second quarter, we are focused on introducing our new Boeing 747-8 freighters into service in 2011 and on adjacent dry leasing opportunities in our Titan subsidiary.

“When fully implemented, we expect that the annual contribution per aircraft from our Dreamlifter service will meet or exceed the current average contribution that we achieve in our 747-400 ACMI service.”

[Ken S]

Wow great news for Atlas.... and I guess us too!! Does PMDG or anyone for that matter make a Dreamlifter for FSX ? I did manage to find one for FS9 in the Avsim file library. Remind me what routes the Dreamlifter is flying now?

[nharwood]

Awesome!

[Ken S]

Find out more info on the Dreamlifter here: http://www.boeing.com/commercial/787fam ... _fact.html

There is a Dreamlifter blog located here: http://lcfmovements.blogspot.com/

You can track all of the Dreamlifter movements currently identified as Evergreen International Airlines (EIA) flights here:
http://flightaware.com/live/fleet/EIA

And it sure looks like there isn't a Dreamlifter for PMDG anywhere??? All I could find was from Project Opensky: http://www.projectopensky.com/

Here are some of the past LCF movements here:

RJGG>KPAE
KPAE>RJGG
RJGG>PANC
PANC>RJGG
PANC>KPAE
KPAE>PANC
KPAE>EGPK
EGPK>KPAE
KCHS>KPAE
KPAE>KCHS
KIAB>KCHS
KCHS>KIAB
KCHS>LIBG

[PKlijnstra]

Thanks Ken, nice find. Great reading stuff

[Mike Bridge]

If Posky have a model - You can always merge the PMDG panel into the Aircraft.
It may have bee done before i think - Before AVsim lost all it files.

There is a paint for the PMDG aircraft on flightsim.com
filename:
txdrmlft.zip

[Mike Bridge]

[nharwood]

Rumor has it this is in part compensation for Boeings delays in the 747-8F program which Atlas is a customer.

http://www.flightglobal.com/blogs/fligh ... -part.html

[rav72]

What an ugly bird she is!

[GTI1643]

Now we need to figure out how to merge the PMDG panel with the Dreamlifter......

[Ken S]

What an ugly bird she is!

Is this better Ralf?

[nharwood]

Ken I just woke my wife up with my outburst of laughter!