The Boeing 747-8F program has suffered a further blow with the news Atlas Air has cancelled delivery of its first three of 12 747-8Fs it had on order due to “delays and performance considerations”.
“As prudent asset managers, terminating the first three aircraft was the right decision for our fleet, our customers and our stockholders,” said William Flynn, Atlas president and CEO. “We expect the remaining 747-8Fs in our order to be better performing aircraft than those we have terminated.”
Atlas originally ordered 12 747-8Fs in September 2006.
It is a fresh blow for the 747-8F program after Cargolux cancelled plans to take delivery of its first two 747-8Fs, which were due to be handed over last week.
