Mumbai-based Jet Airways is planning to enter its air cargo business by leasing up to three Airbus A330-200F freighter aircraft from Etihad, its Abu Dhabi-based partner airline. The plan is to start with the wet lease of one A330-200F in the next few months and later expand. As the business grows, the aircraft would be converted into dry leases. The move will help the company tackle Dubai-based Emirates, which carried the highest amount of inbound and outbound air freight in 2013-14. Jet … [Read more...] about Jet Airways forays into air cargo biz
wet lease
MASkargo deal with Southern for 3 B747Fs
Southern Air and Malaysia Airlines Cargo (MASkargo) have announced that they have entered into a multi-year, multi-aircraft wet lease agreement. Southern Air initially will provide MASkargo with three Boeing 747 Freighters along with crew, maintenance and insurance. MASkargo also has an option to lease up to five aircraft, which will provide it additional flexibility to meet its customers’ growing demand for additional lift capacity and to develop the ability to service new markets. … [Read more...] about MASkargo deal with Southern for 3 B747Fs
First B777 freighter for Southern Air
Wet-lease operator Southern Air Holdings has taken delivery of its first B777 freighter, which will provide capacity under a block-space agreement for Thai Cargo. The second, also for use by Thai, will be delivered on 2 March. CEO Daniel McHugh said: “The addition of these two B777s is a defining moment in the history of Southern Air that begins the next phase of the company’s growth. The combination of the B777s and our 16 B747s makes Southern Air the first ACMI operator to … [Read more...] about First B777 freighter for Southern Air
MASkargo charts expansion plans
MASkargo, the air cargo subsidiary of Malaysia Airlines, has said that once its contract on the four Boeing 747-200F’s it wet leases from Air Atlanta Icelandic expires next year it hopes to acquire more modern and larger aircraft, possibly either 747-400’s or Airbus A330’s, to boost its capacity. … [Read more...] about MASkargo charts expansion plans