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than 20 countries and five continents.
                                                                              The 767-300BCF is the market-preferred
                                                                              solution for general and express cargo
                                                                              markets and has more than 100 orders
                                                                              and commitments to date, and more
                                                                              than 80 deliveries.”
                                                                                Whaley of IBA adds: "There are
                                                                              operators of Boeing 737-300, 737-400
                                                                              and older 757-200 freighters which will
                                                                              require replacement either now or in
                                                                              the near future. The ASL Group, which
                                                                              is the largest 737-800BCF/SF operator
                                                                              with significant 737-300/400 freighter
                                                                              operations, is in a fleet replacement
                                                                              process with a number of the classics
                                                                              having already been removed from ser-
                                                                              vice. ASL has previously mentioned that
                                                                              some of their 737-400s would remain in
                                                                              service, should demand warrant it. ASL
                                                                              is just an example of a host of opera-
                                                                              tors doing the same thing. Then there
                                                                              is, of course, the many start-ups which
                                                                              have been established in the wake
                                                                              of the pandemic peak for air freight
                                                                              and e-commerce, these being the
                                                                              riskier credits which were referred
                                                                              to earlier."














































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