Business

Dublin's AerCap Delivers First Boeing 777 Freighters to Kalitta Air

Dublin-based AerCap Holdings delivers first two Boeing 777-300ERSF converted freighters to Kalitta Air, marking a significant expansion in cargo aviation capabilities. Operations set to commence in October.

ParVan Morrison
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#aviation-industry#cargo-operations#dublin-business#boeing#aercap#aircraft-leasing#freight-transport#irish-economy
Image d'illustration pour: AerCap Delivers First Two Boeing 777-300ERSF Freight Aircraft To Kalitta Air

AerCap's Boeing 777-300ERSF freighter aircraft at delivery ceremony in Dublin

AerCap Holdings N.V., Dublin's leading aircraft leasing company, has achieved a significant milestone with the delivery of its first two Boeing 777-300ERSF converted freighter aircraft to Kalitta Air, marking a major development in the Irish aviation sector.

Strategic Delivery Enhances Cargo Operations

The converted passenger-to-freighter aircraft, part of a larger seven-aircraft order, arrived at Kalitta's facility in Oscoda, Michigan on September 12 and 13. This delivery represents a significant expansion in cargo capacity, following the trend of increased focus on air freight operations in the post-pandemic aviation landscape.

Operational Timeline and Market Impact

Kalitta Air has confirmed plans to commence revenue operations with both aircraft in early October, with additional deliveries scheduled over the coming weeks. This expansion aligns with Dublin's growing influence in global business operations and reflects the strong market demand for dedicated freight aircraft.

Market Performance

AerCap's stock demonstrated positive market sentiment, trading at $122.27 on the New York Stock Exchange during pre-market hours, indicating investor confidence in the company's strategic direction and operational execution.

Future Outlook

The successful delivery of these aircraft positions AerCap to capitalize on the growing demand for air freight services while strengthening Dublin's role as a global aviation finance hub. The remaining deliveries in the seven-aircraft order are expected to further enhance Kalitta Air's operational capabilities and market presence.

Van Morrison

Irish journalist exploring the intersections of politics, culture, and identity across Ireland and the wider Celtic world.