Newsroom

Welcome to West Atlantic newsroom. Here you will find West Atlantic news and press releases, as well as contact information to our media spokespeople.

West Atlantic publishes Annual Report for 2017 for the Group and Parent company

West Atlantic Sustainability Report 2017

West Atlantic, a European dedicated cargo airline specialised in mail and express logistics, has today taken delivery of the world’s first B737-800BCF Next Generation freighter. The aircraft is the first of four supplied by GE Capital Aviation Services (GECAS). Delivery was concluded with a handover ceremony by Boeing at East Midlands airport.

An extraordinary meeting has been held whereby shareholders resolved on a new share issue in West Atlantic AB (publ) (“West Atlantic”). The subscription period and registration of the new shares has now been finalised. 15,864,205 of preferred shares have been issued at a subscription price of SEK 2 per share. Through the new share issue, the preferred shares in West Atlantic increases by 15,864,205, from 0 to 15,864,205 and the share capital increases by SEK 15,864,205 from SEK 27,004,640 to SEK 42,868,845.

Generated by the decision in 2017 to start marketing spare BAE ATP-F aircraft for dry-leasing and sale West Atlantic can today announce that an agreement has been reached for the sale of two BAE ATP freighters to EnComm Ltd., based out of Nairobi, Kenya. The agreement also includes commitments for spares, engineering and training support to assist the assigned operator in setting up its operation.

West Atlantic can now announce that a long term agreement is in place to operate all committed aircraft on behalf of an express logistic provider in its current EU-network. The capacity will be phased in as the aircraft are being delivered, with the last aircraft entering service in the first quarter of 2019.

West Atlantic to participate in Pareto Securities’ 5th Annual Nordic Corporate Bond Conference

West Atlantic Interim Report Q4, 2017 Published

West Atlantic AB (publ) results from written procedure

West Atlantic Group preliminary condensed statement of financial position as per 31st December 2017