newstodate.aero
May 03, 2016 (newstodate): The Swedish/British carrier West Atlantic has reported another good year 2015, with a two-digit growth in revenues for the second consecutive year.
The growth is, however, generated solely by the company's Boeing 737 and Boeing 767 segments while the golden days of the turboprop freighters are long gone.
The turboprop traffic thus continued to decrease in demand, resulting in reduced operation in this payload segment.
In 2015, West Atlantic placed two Boeing 737SF and three Boeing 767-200F freighters in operation which alone generated the two-digit growth figures.
Contributing to the decline in the turboprop segment was the loss in 2015 of the contract with PostNord which implied the operation of five aircraft.
As a result, the West Atlantic Group is now working to optimize the utilization of the fleet of 33 small ATP freighters while cannibalizing some of the aircraft to provide spares and components for the surviving fleet.
The growth is, however, generated solely by the company's Boeing 737 and Boeing 767 segments while the golden days of the turboprop freighters are long gone.
The turboprop traffic thus continued to decrease in demand, resulting in reduced operation in this payload segment.
In 2015, West Atlantic placed two Boeing 737SF and three Boeing 767-200F freighters in operation which alone generated the two-digit growth figures.
Contributing to the decline in the turboprop segment was the loss in 2015 of the contract with PostNord which implied the operation of five aircraft.
As a result, the West Atlantic Group is now working to optimize the utilization of the fleet of 33 small ATP freighters while cannibalizing some of the aircraft to provide spares and components for the surviving fleet.