ASL signs MoU for up to 20 737-800BCFs

Ireland-based ASL Aviation Holdings placed a firm order for ten 737-800BCFs with purchase rights for an additional ten, in a memorandum of understanding signed with Boeing today at the Paris Air Show [FATs 004986-5005]. While these will be the first 737-800BCFs to be owned by ASL itself, the company has, since last year, already been […]

• Jeff Lee
• June 19, 2019

STAR Capital finalizes acquisition of ASL Aviation

European private equity firm STAR Capital completed its acquisition of Ireland-based ASL Aviation Holdings, announced in February of this year. ASL Aviation’s airlines include ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France, and ASL Airlines Hungary, and combined, the group operates a total of 130 passenger and freighter aircraft ranging from 747s to ATR […]

• Caryn Livingston
• June 5, 2019

Swiftair parent set to gain control of West Atlantic

Yesterday, shareholders of Sweden-based West Atlantic Group accepted what amounts to a takeover offer from Spain-based LUSAT Air S.L., the holding company that owns Aviation Leasing Spain, Cygnus Air, and Swiftair. The two companies entered into an MoU that would enable LUSAT to acquire a majority stake in West Atlantic. The deal is slated for […]

• Charles Kauffman
• April 10, 2019

Cargolux nabs three 747-400ERFs as ASL restructures leased fleet

Last year, Cargolux confirmed plans to add three used 747-400ERFs to its fleet in 2019. At the time, a number of sources for the aircraft were possible, but now that a Luxembourgian registration has been reserved for the first aircraft (35236, ex-ASL Airlines Belgium) the identities of the other two incoming 747-400ERFs begin to emerge. […]

• Charles Kauffman
• April 8, 2019

The first 7 operators of 737 NG freighters

Earlier this week, Atran Airlines, the express carrier subsidiary of Russia-based Volga Dnepr Group, announced it successfully added its first 737-800BCF to its AOC (32616, ex-Nok Air), on lease from GECAS. Atran has become the seventh 737 NG operator, since Bedek redelivered the first freighter-converted 737-700 in September 2017. Today, there are three active conversion […]

• Caryn Livingston and Charles Kauffman
• March 22, 2019

ASL Aviation Holdings acquired by private equity firm, will rapid fleet growth continue?

Ireland-based ASL Aviation Holdings, no stranger to acquisitions, announced its intent to be purchased by private equity firm Star Capital Partnership LLP for an undisclosed amount. In recent years, the ASL Group, which owns or holds stakes in cargo and passenger airlines based in Europe, Africa, and Asia, has grown rapidly by gobbling up complementary […]

• Charles Kauffman
• February 13, 2019

Freighter aircraft transactions through December

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• Caryn Livingston
• December 28, 2018

Cargolux, Turkish Cargo join Cargo Facts EMEA speaker faculty

Cargo Facts EMEA 2019, the industry’s foremost event for innovation in air freight and equipment technology across the EMEA region and globally, continues to add to its stellar speaker lineup with the addition of innovation guru, Olivier Chabin, and cargo expert, Turhan Özen. The event will be held 4-6 February 2019 at the Westin Grand […]

• Charles Kauffman
• December 11, 2018