Air Atlanta makes management changes
Air Atlanta Icelandic has made a number of management changes, with new roles for Hannes Hilmarsson, Baldvin Hermannsson and Unndor Jonsson. The Icelandic ACMI and charter airline says the main objective of changing the corporate structure is to increase the focus on Air Atlanta’s fleet growth and renewal, to strengthen business development and strategic planning, […]
Network Airline Management expands managed fleet
Network Airline Management (NAM), a division of the Network Aviation Group (NAG), and Astral Aviation have expanded their managed fleet adding a B747-400BCF to their fleet. The B747-400BCF is wet-leased from Air Atlanta Icelandic and joins the B747-400F nose loader also supplied by the Icelandic carrier. This further compliments the two MD11Fs on wet lease […]
NAM and Astral sign wet lease deal for B747F with Air Atlanta
Network Airline Management (NAM) and Kenya-based Astral Aviation have signed a long-term wet lease with Air Atlanta Icelandic adding a factory-built, nose-loader B747-400 Freighter to their existing managed fleet of three MD11Fs. The B747-400F made its inaugural flight from London Stansted Airport to Nairobi’s Jomo Kenyatta International Airport yesterday, expanding NAM’s capacity to East Africa. […]
Strong surge in freight tonnage at Frankfurt-Hahn
In the first half of 2017, Frankfurt-Hahn Airport saw a strong increase in its cargo business – as it recorded record growth of more than 50 per cent. The German gateway handled 49,000 tonnes of freight from January to June – a gain of 52 per cent compared with the first six months of 2016. In […]
Chapman Freeborn takes 75% share in Magma Aviation
Chapman Freeborn has increased its stake in Magma Aviation to a majority shareholding of 75 per cent to support the company’s long-term growth plans. The charter company has held a minority share in Magma since its launch in 2010 to commercially and operationally manage dedicated wide-body aircraft, contracted on an exclusive basis for airline partners. […]
Air Atlanta Icelandic performing well despite market challenges
Business has turned out fairly well at aircraft lessor Air Atlanta Icelandic, according to chief executive officer, Hannes Hilmarsson (pictured). The ACMI (Aircraft, Crew, Maintenance and Insurance) market has been challenging in the first quarter across the air cargo industry for companies leasing aircraft. Hilmarsson says: “We started the year with relatively moderate expectations, knowing […]
Confusion over ‘abandoned’ freighter ownership continues
Confusion over the ownership of three Boeing 747s parked at Kuala Lumpur International Airport (KLIA) continues as Malaysia Airports says they are not registered to any company but Swift Air Cargo insist they own them. KLIA’s operator, Malaysia Airports has released further statements about the aircraft, after intense global media coverage. It says their then […]
Will the owner of these abandoned freighters please reclaim them
Malaysia Airports has taken out newspaper adverts asking the owner of three abandoned Boeing 747-200 Freighters at Kuala Lumpur International Airport to claim them or they will be disposed of. The airport operator put the adverts in the Monday 7 December issues of The Star and Sin Chew Daily newspapers saying it is pursuing the […]