AELF FlightService teams up with IAI for freighter conversion
25 / 08 / 2022
767-300ER. Photo: AELF
AELF FlightService has announced that the AELF group has contracted with Israel Aerospace Industries (IAI) to convert one of its 767-300ERs into a freighter.
The aircraft, MSN 26389, is slated to be completed in June next year.
The US-based group has also contracted for the option to convert a sister ship, MSN 26260, which would be delivered later next year.
“We are very pleased to expand the relationship with our partners at IAI, and to expand our capabilities in the freight space. We have already committed to P2F work, and believe it has long-term viability. The addition of full freighter aircraft to our fleet is a logical move that we believe rounds out our portfolio,” said Joe Cirillo, chief operating officer for AELF FlightService.
The fleet is currently comprised of seven A330s’s that operate ACMI service with Maleth Aero as well as a dry leased portfolio.
“We aim to offer a full spectrum of solutions for both wet and dry leasing, and the 767-300ER freighter expands our offering,” Cirillo said.
While the completed freighter has not yet been placed, the company’s commercial team is actively evaluating options as to how the aircraft will be employed next year.
“We have seen strong interest from the market on operating leases, wet leases, and outright sale of the aircraft and are considering all of them” added Cirillo.
“We expect to take a decision shortly that maximizes the aircraft’s value and capabilities.”
AELF FlightService offers aircraft leasing, airfreight and passenger solutions. The company, along with airline Maleth Aero AOC, are a part of the AELF group.
The AELF group owns a fleet of widebody passenger and cargo aircraft and offers services ranging from single charter flights to mid-term ACMI and long-term dry leasing.
The group has offices in Chicago, Miami, Dublin, and Malta.