BA Boeing Co

By Matt Grossman

Atlas Air Worldwide Holdings Inc. has ordered four new 747-8 freighters from Boeing Co., the air-freight company said Tuesday.

The airplanes, to be delivered in May 2022 through October 2022, will be the last four 747-8Fs that Boeing plans to produce, Atlas said.

The orders respond to rising demand as e-commerce boosts the need for air freight. Atlas will either operate the aircraft for customers or dry lease them to other operators, the company said.

It added that the new airplanes will help Atlas balance capacity as leases for older 747-400F aircraft come up for renewal.

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

(END) Dow Jones Newswires

January 12, 2021 08:26 ET (13:26 GMT)

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