AerSale swoops on 24 B757s as it eyes cargo conversions

Lessor and MRO firm AerSale has entered into a purchase agreement to acquire 24 Boeing 757-200 passenger aircraft that it will convert into freighters.

AerSale, which offers and array of aviation services including conversions, said it had targeted Boeing 757 passenger aircraft as feedstock “for a burgeoning freight market”.

“Pre-Covid, more freight was carried in the cargo holds of passenger aircraft than in pure freighters. As a result of the reduced demand for passenger air travel and the concurrent explosive growth of the e-commerce market, there is a supply shortage of dedicated freighter aircraft for the foreseeable future,” stated Craig Wright, AerSale’s president of aircraft and engine management.

“The Rolls-Royce powered 757 is the optimal narrow-body freighter aircraft to service this need, and our team will be converting these aircraft to freighters at our Goodyear Facility,” added Bob Nichols, AerSale’s executive chairman.

A portion of this 757 fleet and spare engines will be disassembled for their component parts, which the industry refers to as USM (used serviceable material).

Share this story

Related Topics

Latest acquisitions news

DSV raises €5bn to part fund Schenker acquisition

DSV has raised €5bn through a share sale to help fund its €14.3bn purchase of DB Schenker. The “oversubscribed” offering…

Read More

Share this story

Kales expands in Turkey with acquisition of ACT

GSSA Kales Group has acquired Turkey-based ACT Global as part of efforts to expand its presence in the country. Kales…

Read More

Share this story

Deutsche Bahn approves sale of DB Schenker to DSV

Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow…

Read More

Share this story

Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector. After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015. Contact me on [email protected]