US's GLOBALX to convert in-house A321 into a freighter
GLOBALX (G6, Miami Int'l) has signed an agreement with Icelease to convert one of the carrier's A321-200s into a freighter by April 2024. It is the the American charter specialist's first in-house conversion.
N277GX (msn 2480) is GLOBALX's only A321-200 and is currently deployed on charter routes out of Miami Int'l, configured for up to 183 passengers. It will enter P2F conversion into an A321-200(PCF) in October 2023 with Precision Aircraft Solutions. As a part of the transaction, GLOBALX helped arrange the sale of the aircraft by the previous lessor, Magnetic Leasing, to Icelease. The aircraft will be leased to GLOBALX after conversion for at least eight years.
GLOBALX has ambitious plans to generate 50% of its revenue from dedicated freighter operations by 2025. By that time, it aims to have half of its 50-strong fleet to be freighters, but thus far has only sourced aircraft from third parties. Its current fleet comprises six A320-200s and the sole A321-200 in passenger configuration, but a further three A320s and the first two converted A321s are scheduled to deliver by the end of 2022. It has so far signed for fourteen A321-200 converted freighters (including the newly announced deal) through 2024, with tentative commitments for another seven units.
GLOBALX plans to operate freighters not just through its American mainline but also using the newly established Latin American subsidiaries: Global X Colombia and Ecuador's LATINX Air. The airline also plans to add converted A330s.
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