++ South African Airways has taken delivery of a pair of ex-Swissair Boeing 747-300s on five-year leases, which for the first two years will be managed by SAirGroup leasing company Flightlease. ++ US cargo carrier Atlas Air has exercised options on four new Boeing 747-400 Freighters for delivery in 2002. ++ Israeli freight carrier Cargo Air Lines has finalised the purchase of a second 747-200F from Atlas Air, for $35 million.

Source: Flight International