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Etihad to receive its first 747-8F

Etihad Airways will receive its first Boeing 747-8 freighter, the largest aircraft in its growing freighter fleet.

The freighter, which has a payload capacity of 138 tonnes and a range of 5,000 miles, will enter service with the carrier in June.

Etihad Airways signed a multi-year aircraft, crew, maintenance and insurance agreement with Atlas Air Worldwide to provide the 747-8.

"Cargo is one of our key strategic pillars and a growing part of the business. In 2012, it delivered tonnage growth of 19 percent on the back of a capacity increase of 14 percent in available tonnage kilometers,” James Hogan, Etihad Airways president and CEO, said. "This deal with Atlas for a Boeing 747-8 freighter reinforces our ability to serve a growing number of customers from around the globe.”

This is the second ACMI agreement between Atlas Air and Etihad Airways, complementing an existing lease agreement signed for a Boeing 747-400 freighter in May 2012.

The delivery will take Etihad Cargo's freighter fleet to nine aircraft.

Atlas is the only ACMI provider in the world to offer the Boeing 747-8F to its customers.

"We're pleased to expand our relationship with Etihad Airways and help it extend its reach with next-generation performance in payload, fuel efficiency and total cost per tonne-mile,” William J. Flynn, president and CEO of Atlas Air Worldwide, said. "Together with our global operations and our reliable, high-quality service, Etihad now has additional flexibility to take advantage of market opportunities."