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Atlas Air Puts Another 747 Freighter Into Service

Atlas Air Worldwide said its Atlas Air unit has taken delivery of its fourth Boeing 747-8 Freighter, to enter service for Panalpina under a previously announced long-term agreement. The acquisition was financed in part with proceeds from a term loan…

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provided by Apple Bank for Savings and guaranteed by the Export-Import Bank of the U.S. Atlas Air earlier did a similar deal with British Airways World Cargo. Atlas Air expects to receive a total of four 747-8Fs in 2012, including the two for Panalpina, and two more in the first half of 2013.