Icelandair has agreed to a sale-leaseback deal with a subsidiary of Atlas Air Worldwide Holdings (NASDAQ: AAWW) that recycles two Boeing 767-300 passenger planes into freighters for the cargo division and provides financial help to the company. The aircraft will replace two Boeing 757-200 all-cargo planes that the airline plans to take out of operation in 2023 and 2024, it said in a statement Wednesday.
Titan Aircraft Investments, the joint venture between Atlas’ leasing subsidiary Titan...
U.S. airlines will soon fly temporary freighters with cargo, instead of passengers, in the seats.
Since domestic passenger carriers began operating some aircraft in cargo-only mode two months ago, they have been largely restricted to loading freight in the lower hold where baggage and shipments normally ride. On Thursday, the Federal Aviation Administration issued an exemption allowing airlines to carry cargo on seats.
Airlines had requested a two year break from existing regulations, but the FAA...
https://www.freightwaves.com/news/breaking-faa-approves-cargo-to-ride-in-passenger-seats