AerCap agrees with EFW for up to 30 Airbus A321 P2F conversions
The aircraft feedstock will come from the A321 passenger portfolio of AerCap and is expected to begin delivery in 2023 through 2025.
AerCap Holdings announced it has placed firm orders for 15 Airbus A321-200 Passenger to Freighter (P2F) aircraft conversions and an option for a further 15 A321P2F conversions with Elbe Flugzeugwerke (EFW).
The aircraft feedstock for the conversions will come from the A321 passenger portfolio of AerCap, which is the world's largest owner of the A320 family and is expected to begin delivery in 2023 through 2025.
"Extending the life of our A321 fleet will complement the Cargo portfolio and meet the strong demand from our diverse customer base, from which we've seen a significant appetite for this freighter," said Rich Greener, Head of AerCap Cargo. "The A321 freighter is the best-in-class and most fuel-efficient aircraft to replace the B757-200 freighter. This transaction is in line with our cargo portfolio strategy of diversifying our fleet with improved economics and returns. We look forward to working with the EFW team on this program and thank them for the trust they have placed in AerCap."
"We are glad to finalize the agreement with AerCap on the A321P2F conversions," says Jordi Boto, CEO of EFW. "Our young A320P2F family program has gone from strength to strength and gained traction very quickly in the market with a dozen aircraft already in operation."
EFW's A321P2F programme is developed in collaboration with ST Engineering and Airbus, with EFW holding the Supplemental Type Certificate and leading in the overall programme as well as marketing & sales efforts.
The A321P2F is a next-generation, economical conversion freighter, and the first in its size category to offer containerised loading in both the main (up to 14 full container positions) and lower deck (up to 10 container positions). With a generous gross payload capability of up to 28 metric tons (about 61,800 lbs) over 2,300 nautical miles (about 4,260 kilometres), the A321P2F is the ideal narrowbody freighter aircraft for express domestic and regional operations.
To meet the rising demand for freighter conversions, ST Engineering and EFW have set up new conversion sites in China and the U.S. to ramp up total conversion capacity for all their Airbus P2F programmes comprising the A330P2F, A320P2F and A321P2F.