CDB Lease A330’s to SmartLynx
Dublin based CDB Aviation has agreed to lease a number of Airbus A330’s to SmartLynx Airlines Malta. These former passenger aircraft will be delivered with no passenger interior and will be used for cargo flights. SmartLynx currently operates the Airbus A320 and A321 aircraft will be joined by Airbus A330 aircraft type for plans to enter the long-haul market. The aircraft are expected to start joining the fleet in May and June. The increased market demand for long-haul cargo operations prompted SmartLynx Airlines to grow their fleet and introduce the modified aircraft, able to transport cargo shipments, including vaccines and medical supplies, on long-haul flights. The A330 aircraft will carry cargo for existing and future clients to and from Asia, the USA and Europe, with a volume capacity of 260 m3 and a maximum cargo weight of 50,000 kg.
Commenting on the deal was CDB Aviation Chief Marketing Officer Peter Goodman who said, “We are pleased to partner with SmartLynx Airlines to support their expansion in the cargo market. We commend the SmartLynx Airlines team for recognising opportunities to expand their global footprint by incorporating the A330 aircraft into their fleet.”
Also commenting on the new acquisitions Zygimantas Surintas, CEO of SmartLynx Airlines said, “As one of the leading EU-based ACMI and charter operators on Airbus aircraft, we are excited to substantially grow our fleet and offer our clients different products while diving to long-haul operations. We are constantly expanding our service portfolio and areas of expertise to accommodate the rapidly changing market demand. It’s our strong belief that the pandemic and the current global crisis will create many opportunities for growth and development for our company and the whole industry. The addition of the modified Airbus A330 aircraft is a big step forward for SmartLynx Airlines and we are more than excited to see what challenges and victories it will bring. We understand that eventually, the long-haul cargo market will return to the pre-Covid levels, so SmartLynx Airlines plan to return the Airbus A330 aircraft to operate on long-haul passenger flights once that time comes. We believe that our low-cost structure and great efficiency will allow us to create competition to market veterans.”
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