Tag Archives: N558CL

Southern Air retires its last Boeing 747

Southern Air (2nd) (Cincinnati) has retired its last Boeing 747 freighter. According to ch-aviation, the former World Airways Boeing 747-412 (F) N743WA (msn 26562) was retired to Marana, Arizona on February 3.

Previously Southern Air retired its last Boeing 747-200F freighter (N783SA) on January 5, 2013.

Southern Air streamlined its fleet as part of its Chapter 11 reorganization.

Southern Air now operates a fleet of four Boeing 777F freighters and four 737-400 freighters mainly for DHL.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Sister ship Boeing 747-4EVF ER N558CL (msn 35171) lands at Anchorage.

Southern Air aircraft slide shows:

AG No Registering

 

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Southern Air emerges from Chapter 11 bankruptcy

Southern Air Holdings, Inc. (Southern Air 2nd) (Cincinnati) announced yesterday (April 15) that it has emerged from Chapter 11, having completed its financial restructuring.

Daniel J. McHugh, Southern Air CEO, said, “We have emerged from this restructuring process with substantially less debt, significantly improved operations and resources, and financial flexibility as a well-capitalized global air cargo carrier.  Today, we are well-positioned both financially and operationally to continue to build Southern Air for the long-term benefit of our customers, suppliers, business partners, crewmembers and employees.  From our new headquarters at the Cincinnati/Northern Kentucky International Airport, our largest air operating hub, we are even better able to grow profitably, delivering the highest quality services to our customers and meeting and exceeding their air cargo needs.”

Southern Air entered Chapter 11 on September 28, 2012, and emerged from the process on April 15, 2013, after meeting all closing conditions to the Company’s Plan of Reorganization. The Plan was confirmed by the U.S. Bankruptcy Court in Wilmington, Delaware on March 14, 2013.

Copyright Photo: Ton Jochems. Boeing 747-4EVF ER N558CL (msn 35171) prepares to taxi to the runway at Amsterdam.

Southern Air: AG Slide Show