Spectre Air Capital, an aircraft lease-finance firm, said it has ordered 15 Boeing 737-700 and 737-800 passenger planes to be converted to freighters.
Spectre Air Capital, an aircraft lease-finance firm, said it has ordered 15 Boeing 737-700 and 737-800 passenger planes to be converted to freighters.
The company, which made the announcement at the CargoFacts Symposium today, will have the planes converted by Israel Aerospace Industries.
Spectre Air Capital also announced a launch order from Seoul, Korea-based Air Incheon for three 737-800 freighters on long-term lease for delivery in 2017.
“Demand for express freighters is at an all-time high, with hundreds more required in the coming years to meet the demand created by rapid growth in e-commerce and expansion of the global middle class,” said Jordan Jaffe, Spectre’s CEO and co-founder, in a statement.
“The classic freighter feedstock is becoming increasingly scarce and overly expensive for their age. We intend to leverage our ability to purchase in fleet-sized transactions to offer next-generation freighters with attractive economics,” he added.
Spectre’s newest order follows its 20-aircraft Boeing 767-300ER program earlier this year with aircraft trading partner Jetran, the majority of which will become freighters and operate in support of e-commerce firms such as Amazon’s Prime Air and Alibaba.
Spectre orders 737 freighter conversions
