Aeroflot has high hopes for MD-11
24 / 07 / 2008
THE Boeing Company is providing three leased MD-11 Boeing Converted Freighters (BCFs)to Aeroflot Cargo. The companies joined in celebrating the freighters’ recent entry into service at a ceremony marking Aeroflot Cargo’s new fleet and the resulting operational improvements at the carrier’s facility at Frankfurt-Hahn airport.
Boeing Capital Corporation, the company’s aircraft financing arm, structured the deal and Boeing conducted the modification work at subcontractor facilities in Europe. Aeroflot Cargo, which operates four DC-10 freighters, is leasing the three MD-11BCFs on a multi-year basis.
“We are confident that the MD-11F, as a proven, reliable and highly demanded freighter, will deliver long term efficiency for our network,” said Aeroflot Cargo general director and chief executive officer, Oleg Korolev. “Boeing’s world-class customer service offers support from the first contact and delivery through the refresh of airplanes to keep our planes earning revenue.”
Tony Simpson, Boeing Capital managing director for Europe, Russia and Central Asia, said: “This solution allows us to optimise our choices for airplanes that we needed to redeploy, maximising the airplane’s value since freighter conversion is a great residual play for the MD-11s. Putting valuable BCF assets into the hands of an experienced and reputable operator represents a good outcome for our portfolio.”
“This is a great example of Boeing’s integrated Lifecycle Solutions, putting forth a seamless process for Aeroflot Cargo, where Boeing handled aircraft acquisition, passenger-to-freighter modification and leasing of the final product,” said Dan Da Silva, vice-president for sales and marketing, Boeing Commercial Aviation Services.