Under the five-year wet lease, GSS will supply, operate, maintain and insure the long-haul aircraft on behalf of British Airways. United Kingdom-based GSS will lease the 747-8s from Atlas Air, the U.S. air cargo fleet operator, which owns a 49 percent stake in the company. Atlas said it expects to take delivery of the aircraft from Boeing in early 2011.
The planes will carry the BA livery and BA World Cargo logo.
The 747-8 has an increased range of 4,475 nautical miles (8,275 kilometers), a 154-ton payload and 16 percent more revenue-generating cargo volume than the 747-400. It is 18.3 feet longer than the 747-400. The additional volume offers space for four additional main deck pallets and three more lower-hold pallets than its predecessor. The 747-8 is also quieter and more economical to operate, according to air cargo operators.
The 747-8 is undergoing flight testing. Boeing said it plans to make the first delivery of the new aircraft in the fourth quarter. ' Eric Kulisch
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now