01 Mar 2025
#1 March 2025: North American Aviation Newsletter
AELF Leases Third Boeing 737-800 to FlySafair
Aircraft Engine Lease Finance (AELF) has successfully leased a third Boeing 737-800 to South Africa’s FlySafair. The 2016 model, with MSN 40971, was acquired with financing from Investec Bank Limited. This move aligns with AELF’s strategy to expand its aircraft portfolio by securing 737-800s for long-term operating leases. AELF Chief Commercial Officer Joe Cirillo expressed satisfaction in supporting FlySafair’s fleet expansion while strengthening the company’s relationship with Investec, reinforcing its presence in the narrowbody leasing market.
Airbus A321XLR with Pratt & Whitney Engines Receives EASA Type Certification
The European Union Aviation Safety Agency (EASA) has officially granted Type Certification for the Airbus A321XLR powered by Pratt & Whitney GTF engines. This follows the certification of the CFM LEAP-1A-powered variant in July 2024. The milestone paves the way for the first customer aircraft equipped with Pratt & Whitney engines to enter service later this year. Airbus Commercial Aircraft CEO Christian Scherer highlighted the aircraft’s ability to facilitate transatlantic operations with improved efficiency, offering airlines new city-to-city connections while enhancing passenger comfort.
Boeing Delivers 100th 767-300BCF to SF Airlines
Boeing has reached a significant milestone with the delivery of its 100th 767-300 Boeing Converted Freighter (BCF) to SF Airlines, the world’s largest operator of this aircraft type. The milestone aircraft, featuring a commemorative emblem, was unveiled at GAMECO (Guangzhou Aircraft Maintenance Engineering Company Limited) on February 14. The 767-300BCF, known for its efficiency as a medium wide-body twin-engine converted freighter, boasts a maximum payload of 56.5 tonnes and a range of up to 3,345 nautical miles. Boeing Vice President Cabin, Modifications, and Maintenance Doug Backhus acknowledged the collaboration between Boeing, SF Airlines, and GAMECO in successfully advancing freighter conversion solutions.
Acumen’s Take
On AELF’s Lease of Boeing 737-800 to FlySafair
The expansion of AELF’s portfolio with additional Boeing 737-800 aircraft reflects the strong demand for narrowbody aircraft in global leasing markets. Acumen Aviation, with its deep expertise in asset management and lease structuring, understands the strategic value of securing modern aircraft for long-term leases. By supporting lessors and operators in optimising fleet strategies, Acumen ensures seamless asset lifecycle management for efficient airline operations.
On Airbus A321XLR’s EASA Certification
The certification of the Airbus A321XLR with Pratt & Whitney engines marks a significant advancement in long-range narrowbody operations. Acumen Aviation, a leader in aviation consultancy and digital asset management, recognises the A321XLR's transformative impact on airline networks. It enables carriers to open new direct routes with greater fuel efficiency. Acumen’s advisory and asset management services provide crucial support in helping operators integrate such advanced aircraft into their fleets effectively.
On Boeing’s 100th 767-300BCF Delivery to SF Airlines
The continued growth of the Boeing 767-300BCF programme underscores the increasing demand for freighter conversions in the global cargo sector. Acumen Aviation, with its experience in aircraft transitions and lease management, plays a vital role in supporting operators and lessors navigating the freighter market. By leveraging data-driven asset management solutions, Acumen ensures that converted freighters are positioned for long-term operational success, meeting the evolving demands of air cargo logistics.
Acumen Aviation © 1 March 2025 All Rights Reserved
