Fleet changes announcement

Dulles, VA -- Today Capitol Logistics announces some changes to their fleet of freighter aircraft. The lone McDonnell Douglas MD-11 on lease from Sky Lease was returned to the lessor in Miami. Capitol CEO Tom Eddy states "The decision to move on from the MD-11 is a tough, but smart business decision at the current time, and gives us some increased flexibility to future acquisitions." Capitol Logistics had accumulated nearly 150 hours on the MD-11 serving mostly transpacific route. To replace the heavy lift capability, Capitol has entered into leasing agreements to reintroduce the world famous Boeing 747. Two aircraft, both 747-400BCF's will begin operations for Capitol in the near future and provide heavy freight capacity in place of the MD-11. One aircraft returns to the Capitol fleet after a nearly year absence, N791BA. "When we first started the airline, we had a short term wet lease agreement for her that really enabled us to get off the ground, figuratively and literally. Without the 747's capacity we would have been really struggling as a new start. We are very familiar with the aircraft, and we hope she will continue to serve us well in the years to come" Mr. Eddy stated. A second 747-400BCF will arrive in early April after a long term dry lease agreement was reached with a major aircraft supplier. The contract also grants a unilateral option to Capitol Logistics for a third 747 should the need arise within the next few months. The 747-400BCF (Boeing Converted Freighter), formerly known as the 747-400SF (Special Freighter), is a conversion program for standard passenger 747-400s. 

 

 

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Posted By: Tom Eddy (2019-03-13 16:13:03)

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