newstodate.aero
Dec 17, 2013 (newstodate): Europe's largest regional freighter operator, the West Atlantic Group is to complement its existing freighter fleet with Boeing 767-300 freighters.
This is a significant result from its new strategic partnership with the Ohio-based Air Transport Services Group, ATSG that is taking a 25 percent stake in the Gothenburg-based West Atlantic Group.
West Atlantic expects the first Boeing 767 freighter to join its fleet by the end of Q1, 2014.
-ATSG's investment in us gives me comfort in that they, too, have faith in our business model and our plans for developing the Boeing 767 in Europe, says Russell Ladkin, West Atlantic Director Sales & Operations.
-Their benefit will be that they will have a new and strong lessee in the European region which will become a home for them to deploy lease Boeing 767 aircraft.
-Our benefit is that we will forge a much more beneficial partnership arrangement than that found between a standard Lessor/Lessee. We will have immediate access to their significant resources to develop the Boeing 767 operation which includes the experience and economies of scale of a business that already has almost 50 of these aircraft, pilot and technician training, spare parts and rotable components, spare engine pool, and a maintenance program specifically developed for high cycle, low utilization express cargo operations.
-West Atlantic is an outsourced provider of capacity. Therefore we intend this fleet to sit alongside our 40 other aircraft and be complementary to our existing business model supporting our current customer base in providing them with access to outsourced capacity.
-So if we expect to supply this aircraft into the Integrated Express market, then a large chunk of the flying we can expect to do will indeed be domestic EU operations. The Boeing 767 is excellent for this but is not really the right aircraft for transatlantic operations, says Mr Ladkin.
This is a significant result from its new strategic partnership with the Ohio-based Air Transport Services Group, ATSG that is taking a 25 percent stake in the Gothenburg-based West Atlantic Group.
West Atlantic expects the first Boeing 767 freighter to join its fleet by the end of Q1, 2014.
-ATSG's investment in us gives me comfort in that they, too, have faith in our business model and our plans for developing the Boeing 767 in Europe, says Russell Ladkin, West Atlantic Director Sales & Operations.
-Their benefit will be that they will have a new and strong lessee in the European region which will become a home for them to deploy lease Boeing 767 aircraft.
-Our benefit is that we will forge a much more beneficial partnership arrangement than that found between a standard Lessor/Lessee. We will have immediate access to their significant resources to develop the Boeing 767 operation which includes the experience and economies of scale of a business that already has almost 50 of these aircraft, pilot and technician training, spare parts and rotable components, spare engine pool, and a maintenance program specifically developed for high cycle, low utilization express cargo operations.
-West Atlantic is an outsourced provider of capacity. Therefore we intend this fleet to sit alongside our 40 other aircraft and be complementary to our existing business model supporting our current customer base in providing them with access to outsourced capacity.
-So if we expect to supply this aircraft into the Integrated Express market, then a large chunk of the flying we can expect to do will indeed be domestic EU operations. The Boeing 767 is excellent for this but is not really the right aircraft for transatlantic operations, says Mr Ladkin.