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SpiceJet plans to triple 737 NG freighter fleet, build hub in Northeast India

India-based SpiceJet is challenging the conventional wisdom that freighters don’t make sense in the fleet of a low-cost carrier. The airline plans to grow its freighter fleet to six 737 NGs over the next twelve months – up significantly from the two freighters in SpiceXpress livery that exist today, according to a statement in SpiceJet’s […]

Freighter aircraft transactions through the end of April

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 […]

SpiceXpress’ second 737-700F converted at Haite in Tianjin

On 18 April, Bedek redelivered a 737-700BDSF (30512, ex-Xiamen Airlines) to Spectre Air Capital, following conversion to freighter configuration at the Haite Facility in Tianjin. Just hours before the Cargo Facts team departed Shanghai following a successful Cargo Facts Asia, the aircraft departed Tianjin Binhai Airport (TSN) and was ferried to New Delhi Airport (DEL), […]

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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