Air Atlanta Icelandic has signed a new Wet-Lease agreement with Saudi Arabian Airlines, adding yet another B747 to its growing number of aircraft operating on behalf of Saudi Arabian Airlines.

Air Atlanta Icelandic has signed two “wet lease” agreements with Saudi Arabian Airlines, making the latter Air Atlanta’s largest customer with five of its B747 classic aircraft in operation.

It is a pleasure to confirm today, that Air Atlanta Icelandic has extended a wet lease agreement with MASkargo in Malaysia, by two additional years! Air Atlanta Icelandic will therefore continue to operate 4 x Boeing 747-200 freighters on MASkargo behalf until May 2010, and the dry lease extensions for the aircraft are now being finalized.