LCI leases freighters to Turkish operator
06 / 05 / 2016
LCI, the aviation leasing arm of the Libra Group, has increased its fleet of dedicated maindeck freighter aircraft.
Two additional Boeing 747-400F aircraft are now flying for Qatar Airways and Saudia, Saudi Arabian Airlines, and are being operated by ACT Airlines, known as myCARGO Airlines, the Turkish wet-lease operator.
The two Pratt & Whitney-powered B747-400F aircraft were acquired from Singapore Airlines Cargo.
LCI has a third B747-400F which is currently on lease with the Singapore airline as well.
Crispin Maunder, executive chairman of LCI, said: “We’re delighted to be working with ACT Airlines as it continues to expand its freighter operation.
"The demand for air cargo is beginning to show signs of revival again and LCI intends to play an important role going forward in this market, providing good quality dedicated freighters, such as factory-built Boeing 747-400F freighter aircraft, on lease to existing and new customers around the world.”
ACT Airlines operates a fleet of eight B747-400F/ERF aircraft for its own operations as well as on behalf of other airlines.