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AerCap Holdings N.V. has announced that the company has signed lease agreements with Ethiopian Airlines for two converted Boeing 777-300ERSF freighters. These aircraft, also known as „The Big Twin,“ will be the first of their kind to be operated in Africa. The delivery of the machines is scheduled for the second quarter of 2028.
Aengus Kelly, CEO of AerCap, expressed his pleasure at deepening the long-standing partnership with Ethiopian Airlines, which will be the first customer in Africa to operate this aircraft type. He emphasized that the Boeing 777-300ERSF offers significant cost efficiencies with a 25% higher capacity compared to the currently smaller twin-engine long-haul freighters. This will enable Ethiopian Airlines to further expand its growing cargo platform.
Mesfin Tasew, CEO of Ethiopian Airlines Group, stated that these aircraft would significantly enhance the airline’s cargo capacity and efficiency, promoting trade in the region. In light of the growing demand for air freight, Ethiopian Airlines reaffirmed its commitment to investing in modern and sustainable solutions to strengthen its position in the global cargo market.
AerCap is regarded as a leading company in the aviation leasing sector, serving approximately 300 customers worldwide with comprehensive fleet solutions. The company is headquartered in Dublin and is listed on the New York Stock Exchange.
Ethiopian Airlines Group has developed into a significant airline over the past eight decades, flying to over 160 national and international passenger and cargo destinations across five continents. It focuses on modern comfort and environmental friendliness, utilizing state-of-the-art aircraft such as the Boeing 737, 777, 787, and Airbus A350. The strategic plan of Ethiopian Airlines, known as „Vision 2035,“ aims to become one of the 20 most competitive and leading aviation groups worldwide.
