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ST Engineering JV wins passenger-to-freight conversion contract from MNG

The Edge Singapore
The Edge Singapore • 2 min read
ST Engineering JV wins passenger-to-freight conversion contract from MNG
The A330-300P2F provides about 23% more volume than its closest competitor B767-300ER.
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Elbe Flugzeugwerke GmbH (EFW), joint venture of ST Engineering and Airbus, has won a contract from MNG Airlines to convert two of its passenger Airbus A330-3000 planes to freighters. The value of the contract wasn't disclosed.

"MNG Airlines believes that the A330-300P2F, with its higher volumetric capacity, will provide new commercial options for short and medium range routes to the integrators," says Sedat Ozkazanc, managing director of MNG Airlines, which was founded in 1996, and serves customers in Europe, Middle East and Africa.

"Together with our A330-200F factory-produced freighter, the A330-300P2F will grow our fleet of efficient medium-sized freighters to create better economics for MNG Airlines’ customers," he adds.

"We are excited to welcome MNG Airlines as a new A330P2F programme customer,” says Dr Andreas Sperl, CEO of EFW.


SEE:Cubic Corp spurns ST Engineering's higher bid of US$78 per share

"We look forward to a good working relationship with MNG Airlines and to supporting them strongly to meet the growing international and regional air freight demand," he adds.

With these two A330-300P2F conversion freighters, MNG Airlines will add further capacity to its network, complementing its current Airbus aircraft fleet of four converted A300-600RF and one factory-produced A330-200F.

The A330-300P2F provides about 23% more volume than its closest competitor B767-300ER. Depending on the weight variants, the conversion freighter can offer a gross payload of up to 63 tonnes per flight and a range capability of up to 3600 nautical miles.

The first A330 aircraft has been inducted for conversion on 1 April, while conversion for the second aircraft will commence in 2022. Conversions will be carried out at EFW’s facility in Dresden, Germany.

ST Engineering closed April 1 at $3.88, down one cent, or 0.26%.

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