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VALLAIR signs LoI with GlobalX to lease ten converted A321 freighters

Vallair signed its first LoI for the A321F in August 2019 with Qantas Freight and saw the maiden flight of its prototype A321F take to the skies in February 2020. The partnership with GlobalX will be a testament to Vallair’s expertise and experience, as a lessor and within the cargo conversion sector, with GlobalX’s commitment to expansion and progression as an ACMI leader especially in the U.S.

“This is a unique deal undertaken by Vallair, and we are excited to be entering into partnership with GlobalX,” says Alistair Dibisceglia, Chief Leasing Officer at Vallair. “The A321F is proving to be the aircraft of choice for cargo operators world-wide. As well as offering a higher volumetric capacity, the lower cargo hold on the A321F allows for the transit of ten containers in addition to the fourteen cargo positions available on the upper cargo deck. This ability to offer containerised cargo is a real selling point for the A321F as it increases efficiency by reducing turn-around times and facilitates the weight and balance calculations.”

Gregoire Lebigot CEO of Vallair, commented, “The focus of this deal for Vallair has been to make the air cargo capacity available in the Americas and we are trusting that the very experienced management of GlobalX will be successful to maximise this opportunity. It is our intention that by providing the cargo capacity to a Miami based operator, we can pave the way for freight forwarders in Northern, Southern and Central America to meet the ever rising market demands for air cargo.”  

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