GECAS is to lease two 737-800 Boeing Converted Freighters (BCFs) to M Jets International start-up freight carrier Kargo Xpress.
Deliveries will be made in October and December 2021.
Kargo Xpress began scheduled flights in June with one 737-400F. It said the added capacity from the 737-800 BCFs would enable it to “provide fast, timely and efficient delivery of goods” as the freight carrier expands its footprint to Northern China and Western India. Kargo Xpress’ stated aim is to “serve some thinner, underserved routes”.
M Jets International’s managing director Gunasekar Mariappan said: “Kargo Xpress appreciates the close working relationship with GECAS to induct our initial two 737-800 BCFs. We are focused on developing a robust, reliable, cost effective network within Asia, centred around a fleet of 737 freighters. Our goal is to be the provider of choice for express e-commerce shipments, as well as point-to-point delivery, trans-shipment and flight-truck services for our time-to-market sensitive customers within Asia.”
GECAS Cargo’s SVP and manager Richard Greener commented: “Thanks to its versatility, efficiency and reliability, the 737-800BCF is well suited to Kargo Xpress’ planned growth strategy. At GECAS Cargo, we are pleased to support Kargo Xpress as they look to develop more routes and expand their operations.”