newstodate.aero
Jun 06, 2014 (newstodate): In its latest Q1 2014 interim report, West Atlantic is seeing the regional freight market in Europe still characterized by over-capacity while pricing adjustments towards customers remain difficult.
The Group has continued the project of adding the Boeing 767F aircraft to its operating capabilities. The project is expected to materialize during the year together with its new partner, ATSG.
West Atlantic still projects to place two Boeing 767 in operations during the year.
West Atlantic had one customer contract cancellation for a BAe ATP aircraft which was contracted until mid-2015 during the reporting period. The aircraft will be available for new operations during Q3, 2014.
The aircraft fleet was expanded by two Boeing 737-400 freighters that were delivered in January and early April.
One of the aircraft will replace current subcontracted capacity in intra EU traffic, while the second aircraft has been dry-leased to Denmark's Jet Time AS on a long-term agreement.
The Group has continued the project of adding the Boeing 767F aircraft to its operating capabilities. The project is expected to materialize during the year together with its new partner, ATSG.
West Atlantic still projects to place two Boeing 767 in operations during the year.
West Atlantic had one customer contract cancellation for a BAe ATP aircraft which was contracted until mid-2015 during the reporting period. The aircraft will be available for new operations during Q3, 2014.
The aircraft fleet was expanded by two Boeing 737-400 freighters that were delivered in January and early April.
One of the aircraft will replace current subcontracted capacity in intra EU traffic, while the second aircraft has been dry-leased to Denmark's Jet Time AS on a long-term agreement.