By Alex Lennane theloadstar.com
Wet-lease specialist Air Atlanta Icelandic is creating a new airline, Air Atlanta Europe, to begin operations next year.
The lessor is applying for an AOC in Malta, popular with airlines for its tax and financial benefits, as well as EU membership.
It added that the move would “increase its competitiveness in the ACMI market, post Covid-19”, while giving it increased market reach and access for ACMI and charter operations.
The airline currently operates a fleet of nine 747-400 freighters, has six 747-400 passenger variants and an A340. Freighter customers include Astral Aviation, which has two, Magma Aviation, which has four, and Saudia Cargo, which has two.