Skip to content

Leasing Firm Avolon in Deal to Convert Airbus A330s for Cargo

relates to Leasing Firm Avolon in Deal to Convert Airbus A330s for Cargo

Source: Airbus

Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.

The A330-300 passenger jets will be converted between 2025 and 2028, according to a statement Monday. It’s the first Airbus project for IAI, which has long converted Boeing Co. jets, the dominant player in the freighter market.