Air China Cargo acquires third 747F from Cathay

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Air China Cargo has purchased another Boeing 747-400BCF aircraft from Cathay Pacific Airways.

The cargo carrier, in which Cathay Pacific owns an equity and an economic interest, acquired a 1993-vintage aircraft equipped with PW4056 engines.

The aircraft was purchased in 2008 by Cathay as a passenger aircraft from Singapore Airlines. It follows two 1992/94-vintage aircraft sold by Cathay last year.

The Hong Kong-based carrier says another aircraft is expected to be sold to the cargo joint venture this year.

Cathay continues to phase out its 747-400BCF fleet as it integrates the 747-8F model. As at 31 May 2012, it operated four 747-8Fs and another four are expected to be delivered in 2012, with the final two arriving in April and July 2013. These aircraft will provide more capacity and improved efficiency on our North American routes, says Cathay.

Last year Cathay also leased three 747-400BCFs were dry-leased to Air Hong Kong in order to increase capacity.

Air China Cargo's fleet of 10 747-400 freighters, at 31 December 2011, comprised five -400BCFs, two 400-SFs and three 400Fs.