ACIA acquires IPR’s conversion and leasing business

• Jeff Lee
• January 15, 2020
• Aircraft, Conversions, Equipment, Narrowbody Conversions, News, Strategy

ACIA Aero Capital has acquired an additional 33.34% stake in IPR Conversions and IPR Leasing from IPR Invest. ACIA, which has leasing, maintenance and parts subsidiaries, had been a minority stakeholder in IPR and now becomes the sole owner of IPR’s conversion and leasing businesses covering ATR series aircraft. Christian Degouy, former managing director of […]

Loganair adds first ATR freighter

• Jeff Lee
• November 4, 2019
• Aircraft, Carriers, Conversions, Freighter Aircraft Transactions, Narrowbody Conversions, Strategy

Scotland-based Loganair has taken redelivery of its maiden ATR freighter, an ATR 72-500F (570, ex-Canary Fly). The 21-year-old aircraft is on lease from Nordic Aviation Capital (NAC) [FATs 005222-005224]. Loganair recently told Cargo Facts that this is expected to be the first of at least two ATR 72 freighters to join the fleet, and that […]

Hawaiian adds third ATR 72-200F

• Jeff Lee
• August 15, 2019
• Aircraft, All Posts, Carriers, Features, Freighter Aircraft Transactions, News, Strategy

Hawaiian Airlines has taken redelivery of a third ATR 72-200F for subsidiary ‘Ohana and deployed the aircraft (432, ex-First Air) in revenue service yesterday, flying from Honolulu (HNL) to Lihue (LIH) [FAT 005060]. All of ‘Ohana’s ATRs are operated by Idaho-based Empire Airlines. Empire tells Cargo Facts that unit 432, which was inducted for conversion […]

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

• Charles Kauffman
• July 18, 2019
• Carriers, Conversions, Features, News, Regional Fleet Analysis

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

• Jeff Lee
• July 18, 2019
• Aircraft, All Posts, Capacity & Demand, Carriers, Conversions, Features, Freighter Aircraft Transactions, News, Strategy

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 […]

Cebu Pacific looks to freight, ATR 72Fs for growth

• Caryn Livingston and Charles Kauffman
• March 25, 2019
• All Posts, Carriers, Conversions

Although Philippines-based Cebu Pacific reported 2018 full-year net income down 50.6% to P3.9 billion (US$74.4 million), from P7.9 billion ($151 million) the year prior, cargo was a bright spot. The carrier reported cargo volumes up 19% year-over-year, to 210,000 tonnes, and remains eager to add dedicated ATR 72-500Fs to its fleet. In July of last […]

CF EMEA 2019: lower asset utilization fuels European express market’s appetite for converted 767Fs

• Caryn Livingston
• February 7, 2019
• All Posts, Cargo Facts EMEA, Express

Low utilization rates and inefficient packaging are driving European express demand for freighter-converted 767Fs, said panelists at this week’s first-ever Cargo Facts EMEA event in Frankfurt. Dr. Joerg Andriof, Chief Operating Officer, Titan Aircraft Leasing, told delegates that the most efficient express networks in Europe utilize feeder aircraft, 737Fs, and 767Fs. “On the trunk routes […]

Hawaiian Airlines puts first two ATR 72-200Fs into scheduled service

• Charles Kauffman
• August 17, 2018
• Aircraft, Carriers, Conversions, News

The regional carrier of Hawaiian Airlines, Ohana, has launched scheduled inter-island cargo flights to Lihue (LIH) and Hilo (ITO) from its base at Honolulu Airport (HNL), with a pair of ATR 72-200Fs operated by Idaho-based Empire Airlines. Although Ohana’s first ATR 72-200F arrived in Hawaii last year, the carrier has only utilized the aircraft for test […]