Boeing has awarded a nine-year contract to Atlas Air for the operation of the manufacturer’s
four Dreamlifter cargo haulers starting “toward the latter part of 2010,” spelling the end of Evergreen International Airlines’ three-year stint flying the modified 747-400s. At that time Atlas Air will assume responsibility for delivering major 787 assemblies from suppliers around the world to Boeing production facilities in the U.S.
In a statement released yesterday, Atlas Air said the parties have structured the agreement in a manner consistent with the outsourcing model under which the cargo operator typically operates. Under the terms of the contract, Atlas Air will receive contractually determined revenues for the operation of the Dreamlifters, while Boeing assumes responsibility for certain direct costs, including fuel. The crew, maintenance and insurance (CMI) arrangement calls for Boeing to provide and maintain ownership of the aircraft assets.
