NewswireToday - /newswire/ -
Shannon, Ireland, 2017/05/18 - A leading provider of air cargo transportation, Kalitta Air took delivery of the first of two leased 747-400F factory freighters from GECAS, marking a new milestone in the decade-long relationship of the two companies - KalittaAir.com / GECAS.com. NYSE: GE
While GECAS has previously provided debt financing to Kalitta on several 747-400’s (both factory and converted freighters), this delivery is the first aircraft on lease to Kalitta from GECAS, adding capacity to Kalitta Air’s existing fleet of more than 15 widebody freighters.
Serving a wide range of clients - from DHL to the U.S. military - Kalitta combines global air cargo service with comprehensive airframe and engine maintenance solutions. GECAS, a consistent lender to Kalitta Air over the past several years, welcomes the chance to now provide leasing solutions to this air cargo industry stalwart.
“Based on our relationship and its continued growth,” noted Chris Damianos, GECAS’ EVP & Manager Specialty Markets,“GECAS is pleased to transition these 747-400Fs to Kalitta.”
“GECAS has been very supportive of Kalitta Air as we have renewed our fleet,” stated founder and CEO, Conrad Kalitta,“As a trusted partner, I value GECAS’ focus on the air cargo sector.”
Boeing’s 747F, the most broadly used large widebody freighter, offers fuel and operational efficiencies along with the industry’s only nose-loading configuration, which is a true differentiator to cargo operators and their customers.
About GE Capital Aviation Services (GECAS)
GE Capital Aviation Services (GECAS.com) is a world leader in aviation leasing and financing. With 50 years of aviation finance experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting. GECAS owns or services a fleet of over 1,950 aircraft (1,660 fixed wing/ 306 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves over 270 customers in over 75 countries from a network of 25 offices.
About Kalitta Air
Kalitta Air (kalittaair.com) is a Michigan Limited Liability Company owned solely by Conrad Kalitta. Kalitta Air began service in November 2000 with three Boeing 747 aircraft and the fleet has grown to more than 15 Boeing widebody freighters. Capable of air express delivery of virtually any type of freight, the company provides scheduled or on-demand charter service for customers in the United States and around the world.
Kalitta Air has maintained a strong presence in the airfreight industry, expanding our fleet to meet growing customers’ demands. Kalitta Air is committed to providing our customers with the most cost effective and complete on-demand air cargo services available in the industry. Whether your demands are for short haul, long haul, or the need to move the odd shaped cargo that requires a nose loader, we have the right aircraft for your demands.
Kalitta contact: Zoltan Kocis; P+1 734-544-7015 - E: zkocis[.]kalittaair.com.