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ST Engineering’s Boon Keng Tan joins Cargo Facts Asia 2024 

Cargo Facts StaffbyCargo Facts Staff
March 13, 2024
in Leasing
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Boon Keng Tan, senior vice president and head of aircraft and freighter leasing at ST Engineering, will join Cargo Facts Asia 2024 for the panel discussion “Asia’s freighter leasing landscape” on Tuesday, April 16, at 15:30 (UTC +8). 

The 12th annual Cargo Facts Asia takes place April 15-17 at the Conrad Centennial Singapore, where industry leaders will gather to share their outlooks on the air cargo sector in the Asia-Pacific region. 

View the full event agenda.  

ST Engineering will deliver its second A320-200P2F conversion (2724, ex-Orange2Fly) to Vaayu Group through Juniper Aviation Investments, the 50-50 leasing company joint venture ST Engineering formed with Temasek. The conversion and lease of unit 2724 is part of a deal with Vaayu Group to lease five A320P2Fs from Juniper, and unit 2724 will join Egypt-based Sky Vision on sublease. 

The Singapore-based lessor placed its youngest A321-200P2F on lease with MNG Airlines in October 2023 and recently took redelivery of the first A321P2F conversion at the Haite Tianjin facility. 

“Overall, I feel that A321F demand is still there,” Tan told Cargo Facts in October 2023. “The owners and lessors are preparing themselves for this market, and essentially, I feel that the 757 freighter is the impetus for this move because there are more than 100 757s today that are more than thirty years old. So, it’s about time for them to get some kind of replacement.” 

Cargo Facts Asia will assemble industry leaders and executives to share their insights on the air cargo sector in the Asia-Pacific region while providing attendees a forum to engage with key decision-makers. 

Learn more about Cargo Facts Asia 2024 and register today. 

Tags: A320FA321FAirbusCFA 2024freighter aircraft leasingST EngineeringVaayu Group
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