Boeing Delivers first 747-8 Freighter delivered to Atlas Air and British Airways

Posted by Skyler Frink

EVERETT, Wash., Nov. 5, 2011.Boeing (NYSE: BA) celebrated the delivery flight of the first 747-8 Freighter for Atlas Air Worldwide Holdings, Inc. The delivery is the first of nine 747-8 Freighters Atlas Air has on order. Atlas Air's 49 percent subsidiary, Global Supply Systems (GSS), will operate the new freighter for British Airways World Cargo through a five-year wet-lease agreement.

As part of the lease agreement for three 747-8 Freighters with GSS, British Airways World Cargo will utilize the airplanes on long-haul routes to cargo hubs in Asia, Africa, India and the United States.

The new 747-8 Freighter is 250 feet, 2 inches (76.3 m) long, which is 18 feet and 4 inches (5.6 m) longer than its predecessor, the 747-400 Freighter. The stretch provides customers with 16 percent more revenue cargo volume, which translates to four additional main-deck pallets and three additional lower-hold pallets. The 747-8 Freighters will be powered with GE's GEnx-2B engines.