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August 02, 2010

BA Acquires 747-8F Aircraft From Atlas Air Worldwide Holdings Subsidiary

Parties Say Deal Will Solidify A Long-Term Strategic Partnership

Atlas Air Worldwide Holdings confirmed Friday that its 49%-owned UK subsidiary, Global Supply Systems Limited (GSS), has signed a five-year wet leasing agreement with British Airways Plc to operate three next-generation Boeing 747-8 freighters on behalf of British Airways starting in 2011.

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Airbus Boosts Single-Aisle Aircraft Production

Forecasting A Rate Of 40 Per Month By 2012

Airbus says it plans to increase the monthly production rate of its A320-family aircraft to 38 per month in August 2011 and to 40 per month in first quarter 2012. Currently Airbus turns out 34 A320-family aircraft per month rising to 36 from December 2010.

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