AerCap, Swiftair sign lease agreement for 2 A321P2Fs

AerCap Holdings has signed lease agreements for two Airbus A321 Passenger-to-Freighter (P2F) aircraft with Spanish cargo operator Swiftair.

The aircraft will undergo conversion by Elbe Flugzeugwerke (EFW) at ST Engineering Aerospace in Singapore and will be delivered to Swiftair in April and June, 2024, respectively, says an official release from AerCap. Swiftair will operate services across Europe and Africa on behalf of its international logistics customers.

"We are pleased to announce our agreement to lease two Airbus A321P2F aircraft to our long-term customer Swiftair," says Rich Greener, Head, AerCap Cargo. "The A321P2F is a best-in-class narrowbody freighter solution, offering superior economics in terms of fuel-efficiency and flexibility, and will allow Swiftair to continue to grow their route network. We look forward to working with the Swiftair team as these aircraft are delivered."

Salvador Moreno, CEO, Swiftair adds: "In line with our commitment towards more efficient and sustainable growth, we are delighted to be taking delivery of two of the most quiet and economical freighter aircraft in the world today. These aircraft mark a milestone in our fleet renewal programme, allowing our customers to meet their carbon reduction targets and access to the most effective and reliable products in their class available in the market today."

AerCap had placed a firm order for 15 Airbus A321-200P2F aircraft conversions and an option for a further 15 conversions with EFW in 2022, the release added.