News / JetOneX forced to park its 747Fs as charter rates dip below breakeven

Photo: JetOneX

Weak market rates are already taking their toll on smaller freighter operators, with older aircraft beginning to be parked.

JetOneX, a US carrier with four 747Fs, but which operates on Air Atlantic Icelandic’s AOC, has parked them all: three in the UK, at Kemble Airport, landing in May and June; the other in Jakarta. one was reportedly operated by Air Atlanta’s Malta operation, on the behalf of Saudia Cargo.

While one contact told The Loadstar the airline had grounded owing money, another ...