ST Engineering, Airbus and their joint venture company Elbe Flugzeugwerke (EFW) have redelivered an A321 passenger-to-freighter (P2F) aircraft to aircraft lease management company BBAM.

The aircraft will be leased to British charter airline Titan Airways. It is the first A321P2F redelivery made to BBAM, with several more to come as part of an agreed contract.

BBAM’s president and chief executive officer Steve Zissis commented: “ST Engineering, Airbus and EFW’s A321P2F programme delivers strongly in the areas of innovativeness and value enhancement. We are pleased to partner with them and our customer, Titan Airways, on a solution that fully meets our customer’s requirements and drives value for our investors.”

Titan Airways’ managing director Alastair Willson said: “The A321P2F will enable us to utilise all the benefits of this type into our air freight activities including best-in-class economics, reduced noise, a lower carbon footprint and real time health monitoring, ensuring the highest levels of reliability.”

EFW chief executive officer Andreas Sperl said: “As our A321P2F programme steadily gains traction with more redeliveries, we will, together with our parent companies ST Engineering and Airbus, double down on delivering this innovative solution to the market and capturing more narrowbody freighter market share.”

ST Engineering, along with EFW, said it planned to set up additional conversion sites in China, the US and Germany, ramping up its global conversion capacity to 25 slots per year by 2023.