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VALLAIR signs LoI with GlobalX to lease ten converted A321 freighters

Focusing on the mature assets of the A320 / A330 aircraft, GlobalX’s aim is to provide dual capability and optionality to their clients in long range charter and ACMI / wet lease operations. In addition to augmenting its cargo capability, the innovative Miami based start-up airline will be one of the few in the US to offer ACMI on passenger aircraft and intends to extend this to its cargo offering.

“We are delighted to sign this LoI with Vallair,” says Ed Wegel, CEO of GlobalX. “This is an unparalleled opportunity, and we are uniquely positioned to maximise the potential. Over the next six months, we intend to secure aircraft contracts for both our current and future needs through to the end of 2022 and in agreeing this lease, Vallair has enabled us to achieve this – certainly from a freighter perspective. Our focus has always been on utilising the efficiencies of A320 family aircraft and these pioneering A321 conversions by Vallair have allowed us to extend this to our cargo capability. We are excited for the future and look forward a mutually beneficial partnership.”

Most recently, Vallair has agreed to lease two newly converted A321-200s to SmartLynx Malta.

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