Vallair signs long-term financial lease with Cardig Air

Vallair, the aircraft trading, leasing and specialist MRO organization has signed a long-term Financial Lease with Indonesian Cargo Airline, Cardig Air, for a Boeing 737-400F.  After conversion in the USA, the final compliance checks for Indonesian aviation were undertaken at Vallair’s MRO facility in Montpellier, France and the aircraft then landed in Jakarta mid-May.

“The aircraft will be scheduled to connect Jakarta with flights to Saigon and Southern China (Shenzhen)” says Peter Koster, Head of Cargo Conversions Business Unit for Vallair. “There is strong potential in the South East Asian airfreight market with rapidly increasing connections to the Chinese mainland. We have supported Cardig Air in their move from operating a B737-300F to the B737-400F model with increased cargo capacity. We are confident that our on-going assistance will help to underpin their development and build a long term business partnership.”

 

Cardig Air is one of the leading cargo airlines in Indonesia and is based in Jakarta. It has two operating centres in West and East Indonesia which support domestic, regional and international cargo requirements. Cardig Air operates B737-300 and 400 freighter aircraft and specialises in time specific airport-to-airport freight services on both a scheduled and chartered basis.

This Boeing freighter forms part of Vallair’s expanding cargo fleet which includes several Airbus and Boeing aircraft that have been recently been purchased and are currently on lease for passenger operations. These form part of the organization’s feeder stock for their developing P2F cargo conversion program.

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