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Spectre parent company Jetran to boost Swiftair 757F fleet with three Precision conversions

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    Spectre parent company Jetran to boost Swiftair 757F fleet with three Precision conversions

    Spectre parent company Jetran to boost Swiftair 757F fleet with three Precision conversions

    US-based Jetran inked a deal with Precision Aircraft Solutions to convert three ex-American Airlines 757-200s to freighter configuration [FATs 005011-5016]. Following conversion, Jetran will deliver the trio of 757-200PCFs to Spain-based Swiftair [FATS 005017-5020].

    As a major player in the aircraft trading business, Jetran has previously been involved in sourcing 757 feedstock for conversions, but this is the first series of 757 conversions for which Jetran is the direct customer. Touch labor will be performed by Flightstar Aircraft Services in Jacksonville (VQQ).

    The first aircraft (24613) arrived at VQQ two months ago and was already inducted for conversion. The second aircraft (24614) isn’t far behind, and landed at VQQ last week, according to FlightRadar24. The third aircraft (25296) remains in storage.

    Although Swiftair has never operated 757s on its own AOC, the carrier has gained familiarity with the platform following last year’s acquisition of fellow Spanish cargo operator Cygnus Air, which operates two 757-200PCFs. As for Swiftair’s future cargo customer for the incoming 757Fs, no formal announcement has been made. The number of aircraft being added, however, would suggest a partnership with an express company. We note that the majority of Swiftair’s jet freighter fleet is already in service on behalf of DHL Express, and so it would not be surprising if this commercial relationship were to expand.

    For Swiftair, fleet growth is not expected to end with the trio of 757-200PCFs. Not only is the carrier expected to take additional 757 conversions, but earlier this year Sweden-based West Atlantic Group accepted what amounts to a takeover offer from Spain-based LUSAT Air S.L., the holding company that owns Aviation Leasing Spain, Cygnus Air, and Swiftair. For now, Swiftair’s freighter fleet comprises thirty-six aircraft; six ATR 42-300Fs, ten ATR 72-200Fs, an ATR 72-500F, two 737-300Fs, seven 737-400Fs and ten EMB-120ERFs.

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