SpiceJet becomes first operator of both 737 NG freighter variants

Indian carrier SpiceJet has taken redelivery of its first freighter-converted 737-800BCF for its cargo arm, SpiceXpress, becoming the first operator to have both the 737-700F and 737-800F platforms in its fleet. The aircraft is a 737-800BCF, on lease from NGF Alpha Limited, a division of Spectre Cargo Solutions [FATs 005141-005142]. SpiceJet said that the 737-800BCF […]

Spectre refinances 737 NG freighters in what may be a trend of freighter financing

US-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis Limited, closed its first round of a long-term senior debt facility led by Erste Bank, Spectre announced yesterday. The debt facility will be used to refinance seven 737-700 and -800 converted freighters under the management of NGF Genesis and on lease to multiple operators. Spectre […]

SpiceJet adds maiden 737 NG freighter, more on the way

Today, India-based low-cost carrier SpiceJet took redelivery of its maiden freighter, a Bedek Aviation Group-converted 737-700BDSF (29042, ex-Xiamen Airlines), to support the launch of a newly created cargo subsidiary, SpiceXpress. The aircraft, on-lease from Spectre Cargo, is the first of four Spectre-leased 737 NG freighters SpiceXpress plans to put into service over the next few […]
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