Some would estimate that there are around less than a million unit load devices (ULDs) right now around the globe and the complexity of managing these cargo containers is one that requires in-depth expertise. Whilst larger airlines may have the infrastructure and manpower to manage their own fleets, Jettainer believes that there other ways for smaller airlines to access the same resources, sans the huge costs. Payload Asia had the opportunity to talk to Thomas Sonntag, managing director of … [Read more...] about Jettainer’s Thomas Sonntag on outsourcing, transparency
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Leasing & Chartering
Polar Air Cargo on future proofing its business
Whilst the media frenzy surrounding the transport and distribution of vaccines and much needed supplies has simmered down as of late, some air cargo operators are quietly and carefully mapping out their post-pandemic, future-proof strategies with the customer in mind. One operator taking the next step towards transformation is Polar Air Cargo Worldwide, which began its evolution prior to the pandemic and steadfastly continued throughout the past year. Ecommerce and express contribute to its … [Read more...] about Polar Air Cargo on future proofing its business
ATRAN to lease 737-800BCFs from GECAS
Press release ATRAN Airlines has taken delivery of a 737-800 Boeing converted freighter (BCF) from GE Capital Aviation Services (GECAS) and a second is slated to deliver later this month to the scheduled express cargo carrier, part of the Russia-based Volga-Dnepr Group. These aircraft join the two 737-800BCF freighters ATRAN and GECAS announced in October 2018 and which entered service in March and October 2019, adding further capacity to ATRAN’s short- and mid-range routes linking … [Read more...] about ATRAN to lease 737-800BCFs from GECAS
ST Engineering, Temasek set up cargo jet leasing venture
ST Engineering last week announced that its wholly owned aviation asset management unit has entered into an agreement with Singaporean holdings company Temasek to set up a 50-50 joint venture (JV) for cargo aircraft leasing. The move comes as e-commerce and air cargo volumes have resulted to a growing demand for freighter aircraft. The company expects to purchase passenger plane feedstock at lower prices with itention to finance older aircraft through a mix of equity and debt. It plans to … [Read more...] about ST Engineering, Temasek set up cargo jet leasing venture
Polar Air Cargo obtains CEIV Pharma certification
Polar Air Cargo is set to fly more pharma shipments after the cargo operator and its sibling Atlas Air obtained the Center of Excellence for Independent Validators (CEIV) Corporate Pharma credential from IATA. In pursuing the credential, Polar Air Cargo adopted standard operating procedures and completed a multistep process to train ground and warehouse personnel, including its vendors. The certification is valid through 2024, which was granted with an independent audit. Lars Winkelbauer, … [Read more...] about Polar Air Cargo obtains CEIV Pharma certification
GECAS to purchase 14 IndiGo Airbus neos for leaseback
GE Capital Aviation Services (GECAS) along with other ventures have agreed to a purchase/leaseback (PLB) arrangement for 14 Airbus narrowbody aircraft with Indian budget airline IndiGo. Consisting seven A320neos and seven A321neos, powered by LEAP engines, the aircraft are scheduled to be delivered between the fourth quarter of 2021 and the middle of 2022. Considered India’s largest airline by passengers carried and fleet size, IndiGo currently has 176 A320s in service, with 12 parked, whilst … [Read more...] about GECAS to purchase 14 IndiGo Airbus neos for leaseback
