Aero Capital Solutions partners with SmartLynx Airlines to launch its Airbus A321 freighter program, SmartLynx to grow A321F fleet to 20

Aero Capital Solutions, Inc. (ACS) has announced the launch of its Airbus A321 freighter conversion program, as a complement to its current 40-aircraft Boeing 737-800SF P2F program.

The A321F program is being launched in partnership with SmartLynx Airlines (Smartlynx), one of the most experienced A321 freighter operators in the world. The addition of the program further exemplifies ACS specialization and expertise in the narrowbody freighter market.

The first four A321’s of the joint program have already been initiated through sale lease-back between the parties, where ACS acts as a lessor and financier, while SmartLynx efficiently operates the aircraft after conversion completion.

Upon deliveries of the additional four freighters, the SmartLynx A321F fleet will reach up to 15 units. The cargo operator’s intended freighter fleet growth aligns with ACS’ expanding freighter fleet.

SmartLynx added these comments:

SmartLynx Airlines has announced an addition of four Airbus A321Fs to its growing cargo fleet to ensure flights in Europe, Asia, Africa, and South America.

The additional freighters will bring SmartLynx’s fleet to a total of 15 active aircraft of this type by H1, 2023, with a plan to expand up to 20 by the end of the year. 

All four A321Fs – MSN 941, 961, 1185, and 1241 are part of a sales-leaseback agreement with Aero Capital Solutions, Inc. (ACS) and will be registered in Malta after the conversion. The passenger-to-freighter conversions are being undertaken by Precision Aircraft Solutions (Precision) and Elbe Flugzeugwerke (EFW).

The expansion is one of the key components of SmartLynx’s strategic plans to become the largest operator of A321F freighters in the near future. The A321F offers many advantages, having the highest payload and the most versatile, customer-friendly features in the cargo market today. Moreover, A321F is the most fuel-efficient narrowbody cargo aircraft available, and choosing this type of aircraft underlines SmartLynx`s commitment to more sustainable air transportation.

SmartLynx’s main focus still will be passenger operations, but the company`s cargo operation volumes are expected to grow from 10 % to around 40 % in the next two to three years. In the coming years, the airline is planning to operate up to 20 aircraft of this type.

Top Copyright Photo: Smartlynx Airlines Cargo (Malta) – DHL Airbus A321-212 (F) (PCF) 9H-CGA (msn 891) CDG (Manuel Negrerie). Image: 955379.