US investment fund MatlinPatterson orders six A330Fs

This story is sourced from Pro
See more Pro news »

US investment fund MatlinPatterson Global Advisers have ordered six Airbus A330-200 freighters which will be used by affiliated carriers including Brazil’s VarigLog and Global Aero Logistics.

No engine selection has been given for the freighters. The decision bring the number of A330Fs on firm order to 72.

MatlinPatterson took over VarigLog in 2006 when it was still a part of then-Brazilian flag-carrier Varig. Through VarigLog the US company subsequently pursued the acquisition of Varig.

It is also linked to Global Aero Logistics, the parent of ATA Airlines, which last year took over World Air Holdings, the parent of World Airways and North American Airlines.

MatlinPatterson chief executive David Matlin says the freighters will allow the company renew the fleets of its airlines, adding that the A330F’s costs and payload-range capabilities are a “significant improvement” over the older aircraft that the freighters will replace.

World Airways’ and VarigLog’s fleets include Boeing MD-11F and McDonnell Douglas DC-10-30F aircraft while VarigLog also operates narrowbody freighters such as the Boeing 757F and 727F.

Airbus says the agreement means VarigLog and Global Aero Logistics will become new Airbus operators.