Titan Aviation Leasing Sells Freighter Aircraft to ST Engineering

Titan Aviation Leasing sells two Boeing 737-800 converted freighter aircraft to ST Engineering, a global technology and engineering group based in Singapore. This move underscores a growing trend in the aviation industry to repurpose passenger jets for cargo use. The planes, converted in 2022 and currently on long-term leases, will continue generating revenue for their new owner, ST Engineering, while Titan reinvests capital into newer aircraft. ST Engineering, known for its aircraft maintenance and repair operations, aims to build a fleet of next-generation green freighter aircraft, maintaining fleet flexibility and creating long-term value in the cargo market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.