ST Engineering and Elbe Flugzeugwerke (EFW) have redelivered the world’s first A320P2F re-delivery to ST Engineering’s launch customer, Vaayu Group who placed the Aircraft on lease to freighter operator Pradhaan Air Express.
The redelivery marks the birth of the world’s first A320P2F and completion of the Airbus P2F family developed jointly by ST Engineering, Airbus and EFW. It joins the other already operational Airbus P2F platforms, the A330-300P2F, A330-200P2F and A321P2F, which were first redelivered in 2017, 2018 and 2020 respectively.
Reed Smith’s Singapore aviation team, led by partner Simon Spells and Senior Associate Jennifer Ince and supported by associate Jun Wei Chua and paralegal Hannah Tablan advised ST Engineering on the transaction.
Simon Spells, who leads the aviation practice in Singapore for Reed Smith, said: “We are delighted to have supported ST Engineering on another first of a kind transaction. Not only was this transaction significant for ST Engineering, but also for the operator and the Indian market where dedicated cargo capacity has now been secured”.
Yip Hin Meng, EVP & Head Aviation Asset Management for ST Engineering said, “We want to thank Reed Smith’s Singapore aviation team for their commitment and professionalism in completing this project with us. Their excellent support has helped us to establish this significant milestone in our Aviation Industry”.