Atlas Air The dissolution of Polar Air Cargo, DH LE xpress ‘joint venture, has been announced by a report Cargo Facts
AC argo airline headquartered in the US, Polar Air Cargo offers international flights both on scheduled and charter basis, with a specific emphasis on transpacific freight services between the United States and Asia-Pacific. Polar Air Cargo was established in 1993, but Atlas Air and the company formed a joint venture DHL Commenced in 2007, with Atlas Air retaining the majority position
Parting ways
The Cargo Facts report reveals that the two Cargo airlines have decided to terminate their partnership due to changing strategic objectives
The joint venture agreement mandates that Polar Air Cargo provides scheduled freight services, while Atlas Air manages the aircraft. DH LE xpress is responsible for the majority of the cargo space and also handles the flight network. Atlas Air sells the surplus capacity to freight forwarders
The joint venture is set to be dissolved, as reported by Atlas Air FreightWaves Polar Air Cargo operations and its employees will be moved to Atlas Air, while others will transition to DH L. A tlas will not lose Polar’s air operating certificate. Simple Flying was informed by an Atlas Air representative regarding the news:
According to Ch-aviation Polar Air Cargo’s fleet data reveals that six freighters with an average age of 12 are currently in service. 8 years. It consists of four Boeing 747-8Fs and two Boeing widebody freighters, one of which is a Boeing 747-200. The representative of Atlas Air stated::
Note that DH LE xpress still holds 49% of Polar Air Cargo, which gives it access to capacity on the company’s freighter services. Polar’s exclusive access to US-Asia routes and logistics support are paired with DHL’ S strong presence in Asia through this partnership. Atlas Air continues to hold a 51% controlling interest in Polar Air, at the same time
The fleets of Atlas Air and DHL are in operation
Headquartered at John F. A tlas Air, headquartered at JFK in New York, provides access to almost 30 countries worldwide. The cargo airline has a fleet of 90 aircraft and an average age of 24.7 years, as per ch-aviation. Its 737-800 fleet is made up of 48 aircraft carriers, with another 14 being the Boeing 747-8Fs and 13 being Bomber 767-300ERs
It is noteworthy that Atlas has been the one to oversee the production of the final Boeing 747 at FAL in Everett, Washington. The last 747, which is a 747-8F and registered as N863GT, was completed on December 6,2022. Atlas Air received the plane on January 31,2023.
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In contrast to Atlas Air, DH LG roup has a more diverse aircraft lineup. The fleet of the German logistics company, which offers international shipping services, consists of 217 aircraft in total Planespotters. Net The aircraft line-up includes 51,707 aircraft (Boeing jets), 40,757 (7-engine airplane) and 36,830 (12-passenger planes)
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