Kalitta Air grounds third of fleet
14 / 12 / 2008
DUE to plunging demand, US cargo airline Kalitta Air is to park a third of its fleet and lay off more than 200 staff. Rumours suggest eight of the airlines 20 747s will be affected.
This comes on the heels of news that Cathay Pacific is also parking part of it’s fleet.
Michigan-based Kalitta Air was founded by Walter Kalitta in 200 with three 747s.