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 […]

• Caryn Livingston
• January 22, 2019

Azul, Correios joint venture wins regulatory approval

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 […]

• Chelsea Toczauer
• December 5, 2018

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 […]

• Charles Kauffman
• July 13, 2018

Previously unreported freighter aircraft transactions

We try to keep up-to-date on transactions involving freighter aircraft, publishing a list of recent transactions every week in Cargo Facts Update, and then a comprehensive summary in the monthly issue of Cargo Facts. However, particularly in the case of used passenger aircraft being acquired and put into conversion to freighter configuration, it is easy […]

• David Harris
• May 24, 2018

Freighter aircraft transactions through mid-May

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 […]

• Caryn Livingston
• May 14, 2018

Freighter aircraft transactions through the end of March

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 […]

• David Harris
• April 2, 2018

US Ex-Im bank closer to reauthorization

MIAMI – The first day of the Cargo Facts Aircraft Symposium concluded with a session devoted to current and future trends in aircraft finance. We will provide highlights of this, and all the other sessions, in the November issue of Cargo Facts, but want to take time now to hand out a special “Crystal Ball […]

• David Harris
• October 27, 2015