West Atlantic flies high in first half

Express and mail airline West Atlantic has reported on a successful first half to this year.
Revenue over the first six months of 2018 rose by 7.1% compared to the January-June period of 2017.
Earnings were up thanks in part to what West Atlantic described as “continued strong growth for the Group’s B737 fleet, partly offset by reduction in the Norwegian postal network” in the second quarter.
During that recent second quarter, West Atlantic took delivery of the world’s first B737-800BCF.
“We’re excited to be the first operator of the B737-800BCF,” said West Atlantic’s chief executive, Fredrik Groth, at the time.
“The additional capacity and Next-Generation efficiency offered by this new aircraft will deliver real benefit to our customers and we’re delighted to be at the forefront of deliveries of this new technology.
"With the B737-800 BCF, we expect to improve reliability, lower aircraft operating costs, and provide a better environmental footprint.”
West Atlantic expects to take delivery of a total of four B737-800 aircraft.
It also took delivery of a B737 to fly for DHL in the second quarter.
Over the first half of this year, the carrier performed a total of 10,706 flights, slightly down on the 11,514 performed in the first six months of 2017.
It had a total of 43 aircraft in service (including those on wet lease).
West Atlantic operates a customised aircraft fleet, a majority of which are wholly owned.
Read more freighter operator news
Click here for a free digital subscription

Share this story

Related Topics

Latest finance news

Icelandair Group cargo division edges back into operating profit

Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter….

Read More

Share this story

Freighter demand is bright spot for Cargolux in 2023

Luxembourg-headquartered cargo airline Cargolux boosted its 2023 results with demand for dedicated freighter capacity, despite lower demand and rates in…

Read More

Share this story

DSV airfreight volumes up 2.3% in Q1 but profit falls with rates

DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…

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.