By Matt Grossman

 

Atlas Air Worldwide Holdings Inc. is expanding its partnership with FedEx Corp. to provide two additional freighter aircraft.

The additional aircraft are Boeing 747-400 freighters that Atlas will provide along with crew, maintenance and insurance, the company said. They will add to Atlas's existing multi-year peak-season contract with FedEx to provide at least five aircraft during the fourth quarter.

Atlas Chief Executive John Dietrich said that the agreement reflects strong market demand for air-freight capacity.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

September 22, 2021 08:22 ET (12:22 GMT)

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