Air Atlanta Icelandic is establishing a new AOC is Malta and one day hopes the new airline will operate freighter aircraft.
The aircraft operator said that to increase its competitiveness in the ACMI market post Covid-19, it is taking steps towards establishing an AOC in Malta under the name Air Atlanta Europe.
The strategic move will strengthen the company´s position in the ACMI and charter market with improved market reach and access, it explained.
The Asian market is one that a Maltese AOC will give it better access to as it periodically finds itself excluded from certain markets with the current set up.
It will start operations with a passenger B747 but as the projects develops it remains open to adding a freighter to the AOC at some point.
Baldvin Hermannsson, chief executive of Air Atlanta, said: “The foundation of Air Atlanta Europe in Malta is an important step for us to strengthen both current and future operations in an ever-increasingly competitive ACMI market.”
Established in 1986, Air Atlanta Icelandic currently operates a fleet of nine B747-400 freighters and six B747-400 passenger aircraft, as well an A340-300.
Until recently, Air Atlanta Icelandic intended to launch both B777 and A330 passenger operations, which now await improved market conditions.