CDB Aviation Orders More Airbus A330P2F’s
CDB Aviation has detailed the new developments in its A330 passenger-to-freighter (“A330 P2F”) strategy and new orders. Continuing on in its leading position in the A330 P2F conversion segment, CDB Aviation committed to an additional twelve conversions with EFW, expanding its A330 P2F fleet to fourteen aircraft. The lessor is on pace to launch the A330-300 P2F freighter type in China in 2022, with lease commitments from Sichuan Airlines and Jiangxi Cargo Airlines. CDB Aviation was one of the first lessors to secure conversion commitments for the A330 P2F, contracting two initial conversions with EFW in November 2020. With this latest order, the company will become the largest lessor of EFW-converted A330 P2Fs, with a total of fourteen aircraft in its fleet. CDB’s first two A330 P2Fs are currently being converted at EFW’s facility in Dresden, Germany, and will be re-delivered to its launch operator, Mexico-based MasAir during 2022. CDB has contracted three more placements with two new Chinese based customers, Sichuan Airlines and Jiangxi Cargo Airlines.
Commenting on the announcement, CDB’S Chief Executive Officer, Patrick Hannigan said, “We have strategically positioned our platform to be the A330 P2F program frontrunner among lessors. We’re very satisfied with this program’s progress and momentum to date and look forward to further expanding our freighter fleet in collaboration with our partners at Airbus, ST Engineering, and EFW. The A330 P2F continues to gain traction as the preferred next-generation type in the fast-growing Medium Widebody Freighter space. It is delivering to cargo operators the most advanced fly-by-wire technology, increased volumetric capacity for today’s less dense freight, reduced fuel consumption, a lower environmental footprint, and the benefits of Airbus fleet commonality,”
Chengdu-based Sichuan Airlines has leased two A330-300 P2Fs, which will join the carrier’s existing freighter fleet of three A330-200Fs upon delivery in late 2022 and the middle of 2023. The lease transaction marks the first time that Sichuan Airlines will operate the A330-300 P2F type. These aircraft will provide the carrier with additional freighter capacity to meet the rapidly expanding cargo demand, further strengthening its transport and logistics business. Jiangxi Cargo Airlines, a new Nanchang-based start-up cargo carrier, created through a joint venture between the Jiangxi Provincial Government and privately-owned Hongyuan Group, has leased one A330-300 P2F to be delivered in early 2023. Being the first cargo carrier owned and supported by the provincial government, Jiangxi Cargo Airlines sees the A330 P2F as the perfect fit for its future cargo strategy, providing a foothold for the airline to expand its market share.
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