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Atlas Air has brokered a long-term agreement with FedEx for two 747-400 freighters, on an ACMI basis, cementing Atlas Air’s position as an express capacity provider, with a significant portion of its business already contracted to FedEx rivals DHL and Amazon.

Atlas said the new deal was in addition to a multi-year peak season contract with FedEx, for five aircraft during the fourth quarter.

The two 747-400Fs have already entered service for FedEx.

“We are pleased to grow our long-term relationship with FedEx,” ...

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