AerCap signs lease deals with Ethiopian Airlines for converted freighters

AerCap has signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters.
AerCap signs lease deals with Ethiopian Airlines for converted freighters
Credit: AerCap/LinkedIn

AerCap has signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters.

The aircraft, also known as 'The Big Twin', will be the first of its type to operate in Africa, with the deliveries scheduled for Q2 2028.

Aengus Kelly, chief executive of AerCap, said: "We are delighted to deepen our long-standing partnership with Ethiopian Airlines - the first customer to operate this aircraft type in Africa - through this important transaction.

"With 25% more capacity than today's smaller twin-engine long-haul freighters, the 777-300ERSF delivers significant cost efficiencies and will position Ethiopian Airlines to further expand its growing cargo platform.

"We are proud to support Ethiopian Airlines and wish them continued success as they scale and strengthen their operations."

Commenting on the lease agreements, Ethiopian Airlines Group chief executive Mesfin Tasew said: "These aircraft will significantly enhance our cargo capacity and efficiency, boosting trade in the region.

"As demand for air freight continues to grow, Ethiopian Airlines remains committed to investing in modern, sustainable solutions that cement our position in the global cargo market."

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