Southern Air to double its fleet in four years
09 / 12 / 2010
SOUTHERN Air is using the considerable financial resources of its parent company, Oak Hill Capital Partners, to expand its presence in the ACMI market. Currently deploying 14 747-200Fs and two 777-200LRFs, the company’s ambitious intention is to have 10 747-200Fs, 10 777-200Fs and 10 747-400Fs in service by 2014.
Two further 777Fs are already on the way, with delivery due in the first quarter of 2012, and Oak Hill has two further options, which it will exercise within the next four months for delivery in 2013. Roy Linkner, senior vice-president sales and marketing for Southern, says it will be looking to acquire the remaining four from lessors, such as Guggenheim, GECAS and DAE which have outstanding 777F orders.
For the full story read the latest free digital edition of Air Cargo News, no. 692 dated 13 December, here.