Freighter aircraft leasing part II: E-commerce behind growing leasing market

Last week, we began our two-part annual analysis of the increasingly complex world of freighter aircraft leasing. In part I, we started with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we consider the leased fleet by carrier, and how year-over-year shifts […]

Turboprop freighter fleet analysis 2019: A stable niche or still nascent?

The turboprop freighter fleet for aircraft with payloads of 3.8 - 8.8 tonnes grew by just 7% year-over-year to 181 units in June 2019, up 12 units from a total of 169 the year prior. While growth of 7% wouldn’t be unimpressive on its own, many of the additions this year stemmed from the reactivation […]

Cebu Pacific takes redelivery of first IPR-converted ATR 72F

IPR Conversions redelivered the first of two passenger-to-freighter converted ATR 72-500Fs to Philippines-based Cebu Pacific [FAT 005059]. The aircraft (820) was previously part of Cebu Pacific’s own passenger fleet and will be the airline’s first dedicated freighter. After making a couple of short test flights around Dinard (DNR), France, where the aircraft was converted to […]

Sichuan Airlines to launch freighter operations in October

Sichuan Airlines plans to commence scheduled operations with its A330Fs in October, with Brussels (BRU), Chennai (MAA) and Delhi (DEL) expected to be the first three destinations, the carrier told Cargo Facts. The Chengdu (CTU)-based airline took delivery of its first A330-200F (1350, ex-Qatar Airways) from BOC Aviation late last week [FAT 005047], and told […]
  • Jeff Lee
  • July 15, 2019

Boeing’s 737 MAX may stay grounded until 2020, WSJ says

Boeing Co.’s 737 MAX may stay grounded until early 2020, the Wall Street Journal reported, months later than the guidance the planemaker is privately providing customers for resolving a software issue that surfaced last month. The plane is expected to start flying again in January 2020 “under the latest scenario,” the Journal said, citing unidentified sources within […]
  • Bloomberg News
  • July 15, 2019

PEMCO prepares to convert fourth 737-300 for Rostrum Leasing

On July 10, a 737-300 (27710, ex-Southwest) was ferried from storage in Victorville (VCV) to Tampa (TPA). PEMCO Conversions confirmed to Cargo Facts that this aircraft is due to be inducted for conversion into freighter configuration at its TPA facility, and that the customer will be Ireland-based Rostrum Leasing. PEMCO said that unit 27710 will […]
  • Jeff Lee
  • July 12, 2019

Third Jetran 757-200 for Swiftair enters P-to-F conversion

The final aircraft in a three-aircraft 757-200 passenger-to-freighter conversion deal between Jetran and Precision Aircraft Solutions is expected to arrive in Jacksonville (VQQ) for conversion at about 5:30 PM local time today. Once converted, this third unit (25296) will join the other two (24613 and 24614, all ex-American Airlines) in operation for Spain-based Swiftair [FATs […]
  • Caryn Livingston
  • July 12, 2019

Freighter aircraft leasing part I: E-commerce behind growing leasing market

Today we begin our annual analysis of the increasingly complex world of freighter aircraft leasing. In this two-part series, we begin with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we will consider the leased fleet by carrier, and how year-over-year shifts […]
  • Jeff Lee
  • July 11, 2019

Titan Airways receives second 737-400SF; expects first A321P2F by year-end 2020

U.K.-based Titan Airways has taken redelivery of its second 737-400SF from Aeronautical Engineers, Inc. (AEI) [FAT 005041-5042]. The aircraft (25853, ex-British Airways), on lease from Automatic LLC and previously part of Titan’s own passenger fleet, was inducted for conversion at the Commercial Jet facility in Dothan, Alabama (DHN), in October 2018. It was ferried from […]
  • Jeff Lee
  • July 11, 2019

Eastern Air Logistics hints at more 777Fs for China Cargo Airlines

Eastern Air Logistics (EAL) plans to expand the fleet of its subsidiary China Cargo Airlines with more 777Fs, according to the prospectus the company filed for an initial public offering (IPO). EAL also intends to buy more spare engines for its 777Fs. In a sign of confidence in the 777 platform, EAL said that, given […]
  • Jeff Lee
  • July 10, 2019

My Indo Airlines adds first 737-400F

Indonesia-based cargo carrier My Indo Airlines has added its first 737-400F to its fleet, which now includes four 737 freighters – the -400F, two 737-300Fs and one 737-200 Convertible. In addition to being the first -400F in My Indo’s fleet, the aircraft is also the only 737-400F registered in Indonesia. The carrier shared photos of […]
  • Caryn Livingston
  • July 10, 2019
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