Cargologicair Takes Delivery of Fourth 747 Freighter As Revenues and Volumes Double in First Nine Months of 2018

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Cargologicair Takes Delivery of Fourth 747 Freighter As Revenues and Volumes Double in First Nine Months of 2018

Please find here a press release issued today by CargoLogicAir Date: 25 October 2018 CARGOLOGICAIR TAKES DELIVERY OF FOURTH 747 FREIGHTER AS REVENUES AND VOLUMES DOUBLE IN FIRST NINE MONTHS OF 2018 CargoLogicAir (CLA), the UK’s only maindeck cargo airline, is marking another year of growth with the delivery of its fourth Boeing 747 freighter. The latest 747-400ERF joins the airline’s fleet on an operating lease and will initially be used to meet customer demand on CLA’s U.S. routes. The delivery also keeps CLA on track with its five-year growth strategy, which is based on the airline operating a fleet of five freighters by 2020. David Kerr, CEO of CargoLogicAir, said: “2018 has been our busiest year of operations so far with Europe, Russia, the Americas and Asia automotive cargoes, Mexico City for volumes and revenues Pacific. automotive parts and components, and doubling in the first nine months Hong Kong’s thriving e-commerce market compared to last year. The delivery of our Headquartered close to London to the UK and Europe. CargoLogicAir is fourth 747F will enable us to meet peak Heathrow Airport and with its main also carrying regular shipments of off-size season demand, especially in our core US operating base at London Stansted, cargoes that can only be transported market, and increase our options in terms CLA’s growing route network connects on maindeck cargo aircraft, and of frequencies and new routes as we head customers in the UK with prime export providing charter operations to deliver into 2019. We are continuing to consult markets in Europe, North America, the humanitarian aid to regions of the world with our customers to identify where Middle East and Asia Pacific, as well as affected by natural disasters. they need maindeck cargo capacity and enabling international businesses to expect to be adding new destinations to supply goods to British companies and CargoLogicAir’s fleet now consists of our network in the first quarter of next consumers. three Boeing 747-400 freighters and one year.” 747-8F offering a payload capacity of up CLA’s network is designed to support to 139 tonnes as well as nose- and side- Additional aircraft capacity will also customers in key industry sectors which door loading capabilities. The airline’s enable customers to benefit further require scheduled maindeck cargo global network is now supported by a from seamless connections into the services to serve their key markets, team of almost 200 experienced air cargo international network of CLA’s strategic such as Houston and the United Arab professionals. partner, AirBridgeCargo Airlines, Emirates for oil&gas shipments, Atlanta extending its reach to more markets in for pharmaceutical, aerospace and -ends- Media contact: Jamie Roche, T: +44 (0) 1344 631880/1/3, E: [email protected].

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