ASL adds 737-400F to Irish affiliate

ASL Aviation Holdings has taken redelivery of a 737-400SF (25773, ex-Yamal Airlines). The aircraft is on lease from U.S.-based Vx Capital Partners and will be joining the ASL Airlines Ireland fleet [FATs 005127-005128]. Unit 25773 was ferried from Jacksonville (VQQ), where it was converted at the Flightstar facility by Aeronautical Engineers, Inc. (AEI), to Shannon […]

Freighter aircraft leasing part II: E-commerce behind growing leasing market

Last week, we began our two-part annual analysis of the increasingly complex world of freighter aircraft leasing. In part I, we started with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we consider the leased fleet by carrier, and how year-over-year shifts […]

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 […]

CargoLogic Germany adds another freighter, but no AOC yet

  • Jeff Lee
  • May 14, 2019
  • News
Despite not yet having received an Air Operator’s Certificate from the German civil aviation authority Luftfahrt-Bundesamt, startup carrier CargoLogic Germany continues to add to its freighter fleet. Last week, the Volga-Dnepr Group’s newest affiliate added a second 737-400SF (27673, ex-NewGen Airways) to its fleet, on lease from Vx Capital, the carrier confirmed to Cargo Facts [FAT 004883].   On 10 May, the aircraft was ferried […]

AirBridgeCargo takes delivery of Aviation Capital-financed 747-8F

On 23 February, AirBridgeCargo Airlines took delivery of a 747-8F at Moscow’s Sheremetyevo Airport (SVO) after it was ferried from Boeing’s Paine Field (PAE) facility. The aircraft (63787) is the first to be partially financed under US-based lessor Aviation Capital Group LLC’s (ACG’s) Aircraft Financing Solutions (AFS) program. ACG announced the deal last month and will guarantee the loan […]

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 […]

Azul, Correios joint venture wins regulatory approval

  • Chelsea Toczauer
  • December 5, 2018
  • News
Brazil’s top regulatory authority, Administrative Council for Economic (Cade) has approved, without restrictions, the creation of an integrated logistics joint venture (JV) between Brazil-based Azul Cargo Express and Correios. The antitrust body assessed that the operation does not increase the likelihood of closing the air cargo market, due to both companies’ small market share in […]

Azul Cargo Express’ first 737-400F arrived in Brazil

Brazil-based Azul Cargo Express’ first 737-400F arrived in Belo Horizonte this week, sporting a new livery. The aircraft (28198, ex-Miami International) recently underwent conversion to freighter configuration by PEMCO and is on lease from Vx Capital Partners. Azul Cargo Express said this freighter – the first of two 737-400Fs has agreed to lease from Vx […]
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