Olympus Airways looks to grow freighter fleet

Greece-based Olympus Airways plans to expand its fleet of freighter aircraft and expects to have five 757-200Fs by the end of the year. The airline is new to freighters, having only taken its first in December 2019. Olympus’ first 757-200PCF (25294, ex-American Airlines) was converted by Precision Aircraft Solutions at the AerSale facility in Goodyear […]

EFW granted STC for A321P2F

Elbe Flugzeugwerke (EFW), the joint venture between Airbus and ST Aerospace, has received the supplemental type certificate (STC) for its A321P2F program from the European Union Aviation Safety Agency. EFW told Cargo Facts that EASA granted the certificate Feb. 20, so A321P2F conversions can begin to be redelivered. But EFW said that the first aircraft […]

Cargojet grows 767-300F fleet with purchase

Canada-based Cargojet Airways will add to its fleet a freighter-converted 767-300F later this year. This will take the total number of 767-300Fs in Cargojet’s fleet to thirteen. According to Cargojet management’s discussion of the carrier’s fourth-quarter results, released yesterday, the company purchased the 767-300 (24083, ex-Air Canada) and two spare engines in October 2019. The […]

CF EMEA: Growth prospects for narrowbody freighters in Europe

FRANKFURT — There are still good opportunities for narrowbody freighter operators in Europe, according to CargoLogic Germany (CLG), one of the newest entrants to the market. CLG, which obtained its German Air Operator Certificate (AOC) in September 2019, currently flies a variety of European routes, serving airports including Cologne (CGN), Hannover (HAJ), Milan (MXP) and East […]

Biman Bangladesh looks to add freighters

Biman Bangladesh Airlines has plans to add freighters to its fleet to satisfy “huge demand” from local traders, Md Mokabbir Hossain, the carrier’s managing director and CEO, told Dhaka-based outlet New Age. Biman’s long-term strategy sees the airline growing its fleet to a total of fifty aircraft by 2030. The carrier currently only has a […]

Connect Cargo freighters grounded

Brazilian startup Connect Cargo’s two leased 737-400Fs are currently grounded and could end up being repossessed by Luxembourg-based Vallair. According to ANAC, Brazil’s National Civil Aviation Agency, the two aircraft are no longer cleared for commercial flights. Connect Cargo, which only completed its Part 121 certification with ANAC and was granted its AOC in June […]

CF EMEA: E-commerce drives narrowbody demand

FRANKFURT — Even though the narrowbody freighter market is becoming increasingly competitive, the growth of e-commerce means there’s ample opportunity for aircraft lessors, with an estimated yearly demand for approximately sixty narrowbody freighters every year for the next twenty years. Vx Capital, the largest lessor of 737-400Fs, currently has a portfolio of two 737-300Fs and […]

Sine Draco acquires an A321-200, prepares to induct conformity aircraft

Today, Sine Draco Aviation Technology acquired its first A321-200 (963, ex-AtlasGlobal) [FAT 005332]. The airframe, purchased from AerCap, will become the conformity aircraft for Sine Draco’s in-development A321-200SDF passenger-to-freighter conversion program. Sine Draco, which has offices in China and the United States, announced the fourteen-pallet A321-200SDF in 2018. The company is utilizing its own engineering […]
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