ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Atlas Air Takes Delivery of Second of Four New Boeing 777-200 Freighters

PURCHASE, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., today announced it has taken delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI (aircraft, crew, maintenance, insurance) agreement.

777F Atlas-MSC Delivery Event_021 (1)

This is the second of four Boeing 777-200 Freighters that Atlas Air will operate for MSC, which will complement the existing weekly service for the world’s largest shipping company. Currently, MSC is offering around-the-world service to airports such as Mexico City (NLU), Indianapolis (IND), Liege (LGG), Seoul (ICN) and Xiamen (XMN).

“Building on the successful launch of MSC’s Air Cargo Solution, we are very pleased to welcome this second 777 delivery as part of our long-term strategic partnership. We expect our remaining two 777 aircraft to be delivered in the fourth quarter,” said Michael Steen, Chief Executive Officer, Atlas Air Worldwide. “We value the trust that MSC has in Atlas Air to support the expanding requirements of their global network, and are excited to leverage our expertise and industry-leading solutions.”

777F Atlas-MSC Delivery Event_311 (1)

“The delivery of our second MSC branded aircraft represents another strategic component towards our offering that further connects trade lanes for our customers. In partnership with Atlas Air, we have built a solid foundation on which to expand our air cargo solution,” said Jannie Davel, Senior Vice President Air Cargo at MSC.

About MSC:

MSC Mediterranean Shipping Company, headquartered in Geneva, Switzerland, is a global leader in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world’s leading container shipping lines, MSC has 675 offices across 155 countries worldwide with the MSC Group employing over 180,000 people. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC’s shipping line sails on more than 260 trade routes, calling at 520 ports.

For more information visit www.msc.com.

Press enquiries: media@msc.com

About Atlas Air Worldwide:

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

Contacts: Investors – InvestorRelations@atlasair.com
Media – CorpCommunications@atlasair.com
   

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/e842c5ac-94bc-4120-8d58-b2964da684d6

https://www.globenewswire.com/NewsRoom/AttachmentNg/8347fb1d-55b1-4046-8944-d3cf4a183c9a


Primary Logo

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.