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  • Writer's pictureTeam CargoTalk

Amerijet announces operational restructuring, returns 6 B757s




Amerijet International Airlines announced a financial and operational restructuring by returning six B757s to lessors and a US$55 million capital infusion from existing lenders, Joe Mozzali, CEO, Amerijet, said. The airline has decided to utilize all-B767 fleet with a reduced non-pilot headcount that is aligned with the right-sized fleet and current business demand. “With this restructuring, Amerijet is now in a stronger operating and financial position to serve its customers with the quality of service they have come to expect. The current air cargo environment demands agility and disciplined operational excellence. This action will protect our position as the cargo carrier of choice in our markets. “We are pleased we were able to complete this restructuring with the support of our investors and lessors. These strategic actions have strengthened the company’s financial foundation, ensuring its scheduled service, and contract flights will continue to operate as usual,” he added.

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