Business

October 4, 2013

Boeing completes MD-11 freighter transition to AV Cargo

boeing-MD11
Boeing announced Oct. 1 that its aircraft leasing unit, Boeing Capital Corporation, has completed transition of two MD-11 Boeing converted freighters on multi-year leases to U.K.-managed AV Cargo, which has begun service from the operator’s base in Liege, Belgium, on routes primarily to West Africa.

Boeing delivered the first of the cargo trijets to the operator in May 2013. The second aircraft began revenue service recently.

AV Cargo will operate its MD-11 freighters into key Africa cities including Lagos, Nigeria; Bamako, Mali; Entebbe, Uganda; Port Harcourt, Nigeria; Pointe-Noire, Republic of the Congo; Freetown, Sierra Leone; and Pemba Island.

Originally MD-11 passenger aircraft, the BCFs feature an updated flight deck and cargo-handling system, better fuel efficiency and increased operating capabilities. The two aircraft wear the distinctive white- and blue-tipped tail livery of the new carrier, the successor to the former Avient Ltd.

Overall, Boeing has converted more than 100 MD-11s to freighters.

“MD-11 freighter conversion is a great move in terms of the aircraft’s residual value that appeals to aircraft investors,” said Frank Duckstein, Boeing Capital senior director of asset management. “Conversion extends the aircraft’s useful life beyond its passenger service and, thanks to the superior economics and operating performance, it allows us to place into service a good cargo asset despite a soft market.”

Neil Glover, AV Cargo managing director and co-founder, said: “This second delivery is an important milestone in our strategic business plan that will allow us to further penetrate and optimize our planned scheduled services, providing us with the necessary redundancy to ensure our customers with frequent and reliable services.” “The MD-11 is the natural and logical choice to serve our niche market needs in the 65-95 tonne payload range, operating into some of the smaller and performance-challenging airports within Africa that preclude most other aircraft. The ergonomics combined with the current lease opportunities provide us with a real competitive advantage,” Glover said.

Simon Clark, AV Cargo chief executive officer, said the operator’s third MD-11 is expected to enter service in early 2014.

“It will reinforce our schedules services and significantly increase our ad-hoc charter capacity and complete phase 1 of our business plan,” Clarke said.

The MD-11 freighter is the leader in the 90-ton freighter class, with 175 aircraft in active service with cargo operators and freight forwarders worldwide including FedEx, UPS and Lufthansa.




All of this week's top headlines to your email every Friday.


 
 

 

Lockheed Martin Australia to deliver modern, affordable C-130J training solutions to RAAF

The Royal Australian Air Force has awarded Lockheed Martin Australia a contract to supply a modern C-130J-30 Virtual Maintenance Trainer and a Multi-Function Training Aid to support maintenance and aircrew training at RAAF Base Richmond. Through this major upgrade, the RAAF will have a standardized curriculum tailored for its operations and based on decades of...
 
 

Raytheon awarded U.S. Air Force aircraft integration, life cycle technical support contract

Raytheon has been awarded a $35 million sole-source contract by the U.S. Air Force to provide aircraft integration and life-cycle technical support on an advanced bomb carriage and release system for aircraft. The advanced system will allow both the Air Force and U.S. Navy to perform more missions utilizing less aircraft. “JMM BRU end users...
 
 

General Dynamics UK completes review for SCOUT reconnaissance variant

OAKDALE, South Wales – General Dynamics UK has successfully completed the Critical Design Review for the SCOUT Reconnaissance variant, as part of the SCOUT Specialist Vehicle program. The completion of the SCOUT Reconnaissance variant CDR is a significant marker in the SCOUT SV program, with the first SCOUT Reconnaissance pre-production prototype to be completed later...
 

 

Boeing, Royal Australian Air Force test extended range weapon

The Boeing Joint Direct Attack Munition Extended Range demonstrated significant range increase while maintaining its expected accuracy during flight testing conducted by Boeing and the Royal Australian Air Force. The testing centered on a new wing kit that, when used in conjunction with the weaponís guidance kit, increases the bomb’s range from approximately 15 miles...
 
 

DRS Technologies to provide comm systems for Royal New Zealand Navy frigates

DRS Technologies Inc., a Finmeccanica Company, announced Feb. 25 that its Canadian subsidiary will be providing tactical integrated communications systems to the New Zealand Ministry of Defense for the Royal New Zealand Navy’s ANZAC-class frigates. This subcontract was awarded to DRS Technologies Canada Ltd. in support of a communications modernization contract from Lockheed Martin Canada...
 
 

Northrop Grumman LITENING achieves two million operating hour milestone

In the life cycle of every military system, some milestones stand out as signature achievements. One million operating hours is one of them – and Northrop Grumman’s fielded AN/AAQ-28(V) LITENING pods have hit that number for the second time. “This is a significant milestone for the LITENING program and our team is proud to be...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>