Atlas Air Worldwide has placed an ACMI B747-400 freighter with Yangtze River Airlines, a subsidiary of the HNA Group, based in Shanghai.
Atlas Air will operate the B747-400F, flying the freighter on behalf of Yangtze River Airlines through an aircraft, crew, maintenance and insurance agreement (ACMI). The new service will commence this month and will serve routes between China and the US, the US-based ACMI operator said.
“Yangtze River Airlines is a leading Chinese carrier with a strong ambition to expand its operation,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide. “We are delighted to work with Yangtze River Airlines to support its growth plans. This agreement is a further testament to our keen focus and continued expansion in the fast-growing Chinese and Asian markets.”
“Atlas Air is a strong and professional air transport capacity provider,” said Jevey Zhang, president of Cargo Business Units, Yangtze River Airlines. “It’s our pleasure to build a long-term cooperation between Yangtze River Airlines and Atlas Air, and it’s a great beginning of HNA Modern Logistics Group launching its global strategy.”
Yangtze River Airlines, founded in 2002, is a Shanghai-based airline member of HNA Modern Logistics Group. With a fleet consisting of B737 and B747 freighter aircraft, Yangtze River Airlines is engaged in providing air transport solutions for customers. Through Suparna Airline, Yangtze River Airlines also provides passenger transport service.