Kalitta Air adds its first new Boeing 747-400

Kalitta Air (2nd) (Ypsilanti) has closed on the purchase of a new Boeing 747-400ERF aircraft in order to continue and expand its international cargo operations. Wells Fargo Bank Northwest, NA served as owner trustee and seller. Financial terms of the transaction were not disclosed. The aircraft (747-4HQF ER N798BA, msn 37304) has been in storage at Everett (Paine Field) since July 31, 2009.

N798BA had not previously been flown in revenue, marked the first purchase of a new aircraft by Kalitta Air in its history. The new aircraft is expected to be placed in service by December 15, 2011.

Kalitta Air’s consultant for aircraft acquisitions, SK&Y Associates of Tokyo Japan, assisted in the purchase. Legal representation was led by Kelsey Law Group.

According to the airline, “Kalitta Air is a United States airline based out of Willow Run Airport in Michigan, USA. The new aircraft represents the 22nd aircraft in the Kalitta Air fleet consisting of seven (7) Boeing 747-400F and fifteen (15) Boeing 747-200F aircraft. Kalitta Air represents an international base of customers (including the United States Government and DHL) major international airfreight forwarders and agents, and provides scheduled air cargo and charter services worldwide.”

Copyright Photo: Brian McDonough. Sister ship N741CK is seen at Washington (Dulles). Please click on the photo for additional information.

Kalitta Air Slide Show: CLICK HERE