West Atlantic sells two ATP freighters

West Atlantic has announced the sale of two BAE ATP freighters to Nairobi-based EnComm Ltd as part of its strategy to move the aircraft outside of Europe.
The agreement also includes commitments for spares, engineering and training support to assist the assigned operator in setting up its operation.
"This transaction marks the first step in reallocating our ATP aircraft portfolio into markets and geographies that can capitalise in full on the benefits of this efficient turboprop,” said West Atlantic vice president  aircraft management Robert Drews.
"We are now dedicated to providing all necessary support to ensure that the operation is set up as efficiently as possible.”
Financially the transaction will generate a significant contribution to cash flow and net income for the first quarter of 2018, in line with provided guidance.
The operator last year announced plans to move its eight tonne ATP fleet outside of Europe as it found it difficult to find services for the aircraft.

Read more freighter operator news

Share this story

Related Topics

Latest africa news

Menzies locked out of Namibia airport but continues legal battle

Menzies Aviation has stated it is “entitled by law” to continue operating at Hosea Kutako International Airport (HKIA) as its…

Read More

Share this story

Cargo operations disrupted at Namibia’s Hosea Kutako Airport

Cargo operations have been disrupted at Hosea Kutako International Airport (HKIA) in Namibia following the exit of ground handler Menzies…

Read More

Share this story

Aero Africa joins Global Logistics Summit Network

Air cargo management group Aero Africa has joined the Global Logistics Summit Network (GLSN). “Aero Africa is now supporting Senegal,…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.