Atlas Air leases B747F from LCI

12 / 07 / 2018

Lease Corporation International (LCI) , the aviation division of the Libra Group, today announces that it has entered into an agreement to place a Boeing 747-400F on a long-term lease with Atlas Air.

Michael Platt, chief executive Officer of LCI, said: “We are delighted to be commencing this partnership with Atlas Air, and supporting their continued growth as a world leading freight carrier.”

LCI assessed that the proven and versatile Boeing 747 factory built freighter would continue to be a valuable and irreplaceable tool in the air cargo market, and "invested in this aircraft several years ago when the type was undervalued".

Atlas Air Worldwide operates the world’s largest fleet of modern Boeing 747 all-cargo aircraft.

Bill Flynn, president and chief executive Officer of Atlas Air Worldwide, said: “We continue to strengthen our position as a leader in international aviation outsourcing. The 747 freighter we are leasing today from LCI will help us to further expand our customer base in key global markets and capitalise on the opportunities that we see.”

LCI’s current fleet is comprised of factory built Boeing 747-400F freighters and the latest technology medium and super medium helicopters from leading manufacturers including Leonardo, Airbus and Sikorsky.

Earlier in July, LCI announced the extension of a B747F lease to ACT Airlines. 

Read more freighter operator news

Sign up to receive Air Cargo News direct to your inbox for free