Atlas Air Enters Into Contract With TNT Airways


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Atlas Air Enters Into Contract With TNT Airways

By Bill Goldston

September 21, 2010 – Atlas Air Worldwide Holdings, Inc. (AAWW), a leading global provider of air cargo assets and outsourced aircraft operating solutions, confirmed that its subsidiary, Atlas Air, Inc. (Atlas Air), has entered into a contract with TNT Airways, the Belgium-based aviation division of TNT, N.V. (Euronext Amsterdam).

Under the agreement, Atlas Air will provide Boeing 747-400 Freighter service for TNT’s international express air network under an Aircraft, Crew, Maintenance and Insurance (ACMI) agreement. The 747-400F aircraft, which began operations for TNT Airways’ long-haul network on September 15, will be based at TNT’s European base of Liege, Belgium.


Atlas Air’s fleet of 747-400 aircraft represents one of the most efficient freighter fleets in the market. The 747-400 is the industry benchmark for operating performance in the long-haul, intercontinental air freighter market due to its cost and capacity advantage over other freighters. 

“We are very pleased to add TNT Airways to our portfolio of ACMI customers. TNT Airways operates a significant Express Air network including hubs and offices providing TNT Express connectivity across 200 countries. As the leading outsource provider of 747-400F aircraft with a global platform serving 270 destinations in 105 countries, Atlas Air will provide highly reliable service to TNT as it continues to expand its business in emerging markets” said William J. Flynn, President and Chief Executive Officer of AAWW.

Niky Terzakis, Managing Director, TNT Airways, said, “We are very pleased to be entering into this agreement with Atlas Air. Both companies are focused on providing excellent service and reliability in the business-to-business space. Our role is to transfer goods and documents tailored to customers’ requirements with a focus on time-definite and day-definite pick up and delivery. We know we have found an excellent business partner in Atlas Air.”

TNT is located at Liege Airport, with two different complementary companies; TNT EuroHub and TNT Airways, both belong to the Express division of the TNT Group. Every night, 40 planes and more than 130 trucks arrive at the European air hub. More than 1,900 people work for TNT at the Liege site.


It takes approximately one hour to sort and load the parcels coming into the hub by road into the planes. About 430,000 parcels and 2,700 tons per week are sorted in the hub. They are all scanned, thanks to the use of radio frequency technology. Most of the work is done at night at the European Sort Center of Liege but the operations take place 24 hours a day, seven days a week.

TNT’s Express division is one of the world’s leading express delivery services providers. It delivers 4.4 million parcels, documents and pieces of freight a week to over 200 countries using its network of 2,409 depots, hubs and sorting centers. The division operates 26,310 road vehicles, 48 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe. The company employs over 78,000 staff worldwide. It is the first organization to have achieved global recognition as an Investor in People. The division reported revenues of €5.956 billion in 2009. The operating income was €193 million.


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