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.


 
 

 

Headlines July 28, 2014

News: U.S. has lost track of weapons given to Afghanistan - The United States supplied almost three quarter of a million weapons to Afghanistan’s army and police since 2004, but the military cannot track where many of those arms have gone, a new report found. Bill to improve VA has $17 billion price tag - A bipartisan...
 
 

News Briefs July 28, 2014

Marines seek authorization for dolphin deaths The Marine Corps is asking for a five-year authorization from the National Marine Fisheries Service for incidental deaths of bottlenose dolphins during training exercises at a bombing and target range. The Sun Journal of New Bern, N.C., reports that Connie Barclay of the National Oceanic and Atmospheric Administration says...
 
 
Army photograph by David Vergun

Senior leaders explain Army’s drawdown plan

Army photograph by David Vergun No commander is happy when notified that a soldier from his or her command has been identified for early separation. But commanders personally notify those Soldiers and ensure participation in th...
 

 

Northrop Grumman awarded mission support services contract

The U.S. Army awarded Northrop Grumman a cost-plus-fixed-fee contract, with a potential value of $205 million, to continue providing mission logistics services in support of combat brigades training at the National Training Center in Fort Irwin, Calif. The contract covers one base year and two one-year options. Support will include the full range of mission...
 
 
Lockheed Martin photograph by Beth Groom

F-35 Rollout Marks U.S.-Australia Partnership Milestone

Lockheed Martin photograph by Beth Groom Royal Australian Air Force Air Marshal Geoff Brown delivers his remarks at the roll out ceremony for Australia’s first F-35. The official rollout of the first two F-35 Lightning II...
 
 
NASA/JPL-Caltech image

NASA’s Mars spacecraft maneuvers to prepare for close comet flyby

NASA/JPL-Caltech image This graphic depicts the orbit of comet C/2013 A1 Siding Spring as it swings around the sun in 2014. On Oct. 19, the comet will have a very close pass at Mars. Its nucleus will miss Mars by about 82,000 m...
 




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>