SF Airlines continues fleet growth

Chinese express carrier SF Airlines plans to add at least five more aircraft to its fleet by the end of 2020. The carrier confirmed to Cargo Facts the additions include three 757-200PCFs (29943, 33101 and 33100, all ex-TUI Airways), to be converted by Precision Aircraft Solutions, and two 767-300BCFs (26329, ex-LATAM, and 30847, ex-Titan Airways), […]

CFA 2020: Industry nuances to limit new entrants to freighter leasing

Ongoing growth in the air cargo industry and freighter operations amid the COVID-19 pandemic may not extend to new entrants to the leasing and operating spaces, according to speakers at this week’s Cargo Facts Asia 2020. Lead times for conversions, and other barriers to entry for this unique segment of the market pose challenges that […]

Vallair looks to sale-leasebacks during COVID-19

The COVID-19 crisis is providing Luxembourg-based Vallair an opportunity to grow its portfolio of A321s and further its strategy of specializing in freighter-converted narrowbodies. Vallair told Cargo Facts it is actively exploring sale-leaseback deals with A321 operators, with a view to converting the aircraft into freighter configuration at a later stage when conversion slots open. The […]

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 […]

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 […]

CF EMEA 2019: PEMCO announces 737-700F launch customer

FRANKFURT – Today at the first-ever Cargo Facts EMEA conference, held this year at the Westin Grand Frankfurt, Airborne Maintenance and Engineering Services subsidiary PEMCO Conversions announced a launch customer for its full-freighter 737-700 conversion program. PEMCO originally launched passenger-to-freighter and passenger-to-combi 737-700 programs at the 2017 Cargo Facts Asia event in Shanghai. At the […]
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