Centurion Cargo (Miami) is struggling according to this report by the South Florida Business Journal. According to the report, “five statutory trusts based in Dublin, Ireland filed a lawsuit in federal court on August 29 against Miami-based Centurion and its Sky Lease I affiliate. It claims the companies are delinquent on $10.2 million in lease payments on five aircrafts: one Boeing 747-400F and four McDonnell Douglas MD-11Fs.”
Until now the airline has not returned the aircraft.
The company was originally founded on November 8, 1985 as Challenge Air Cargo Inc. After many years in the business, on July 20, 2001 Challenge Air Cargo Inc. changed its name and started operating as Centurion Air Cargo Inc.
According to the airline, Centurion Cargo is a privately owned company founded in 2001.Based at Miami International Airport it currently operates a 550,000 square foot warehouse (51,097 square meters); divided into two different sections; a 159,000 square foot (14,772 square meters) Cooler and 391,000 square foot (36,325 square meters) Dry Cargo Area, the Centurion Cargo Center is by far the largest privately owned all cargo airline facility in North America, and operates a fleet of ten MD-11Fs and three 747-400ERFs.
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Update: Late on September 10, 2014 all pilots of Centurion Cargo received furlough notices.
Copyright Photo: Tony Storck/AirlinersGallery.com. Boeing 747-4R7F N901AR (msn 25868) arrives in Philadelphia.