3 September 2008

ST Aerospace completes MD-11BCF conversion programme for UPS

Singapore Technologies Aerospace reported the redelivery of the 38th MD-11 Boeing Converted Freighter (BCF) to UPS Airlines after completion of its passenger-to-freighter (PTF) conversion at its Singapore-based facility, ST Aviation Services Company (SASCO). This also marks the successful completion of the MD-11 PTF conversion programme for UPS Airlines. SASCO began the PTF conversion programme for

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CIT reports 100th aircraft financing milestone with NetJets

CIT Aerospace, a unit of CIT, has reached a milestone of financing 100 total aircraft, mostly in increments of 1/16th and 1/8th shares, through its fractional lease and finance program with long-time commercial partner NetJets. NetJets is the pioneer and worldwide leader in fractional aircraft ownership. With this milestone, CIT is approaching $1.5 billion in

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