Atlas Air Worldwide has announced the ACMI (aircraft, crew, maintenance and insurance) placement of a Boeing 747-400 Freighter with Yangtze River Airlines – a subsidiary of the HNA Group in China.
The 747-400F will be operated by Atlas Air, and will fly on behalf of Yangtze River Airlines through an ACMI agreement.
The new service will commence this month and will serve routes between China and the US.
Atlas Air Worldwide president and chief executive officer, William J. Flynn says: “Yangtze River Airlines is a leading Chinese carrier with a strong ambition to expand its operation.
“We are delighted to work with Yangtze River Airlines to support its growth plans. This agreement is a further testament to our keen focus and continued expansion in the fast-growing Chinese and Asian markets.”
Yangtze River Airlines president of cargo business units, Jevey Zhang adds: “Atlas Air is a strong and professional air transport capacity provider. It’s our pleasure to build a long-term cooperation between Yangtze River Airlines and Atlas Air, and it’s a great beginning of HNA Modern Logistics Group launching its global strategy.”