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 […]

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 […]

Connect Cargo becomes Brazil’s latest freighter airline

Brazilian startup Connect Cargo has completed its Part 121 certification with ANAC, Brazil’s National Civil Aviation Agency, and has been granted its AOC, paving the way for the launch of scheduled commercial operations. The company will base its two PEMCO-converted 737-400Fs (27087, ex-Malaysia Airlines, and 26605, ex-Japan Transocean Air) at Recife (REC) and fly them […]

Startup carrier Connect Cargo preparing to launch [VIDEO]

Brazil-based all-cargo startup Connect Cargo is in the final phases of its Part 121 certification with Brazilian regulator ANAC and is preparing to launch with a pair of PEMCO-converted 737-400Fs following receipt of an AOC. Connect has already ferried two 737-400Fs to Brazil, both on lease from Vallair (27087, ex-Malaysia Airlines and 26605, ex-Japan Transocean […]
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