ST Engineering sets up narrowbody freighter leasing JV

Company keen to take advantage of cheap feedstock and heightened demand

ST Engineering’s aviation asset management division and Singaporean state-owned investment company Temasek will establish a joint venture to purchase passenger aircraft, convert them into freighters and offer them for lease. ST told Cargo Facts that the new company will, at least initially, focus on the A320 Family of narrowbody freighters, and plans to build up […]

 

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