LONDON – US carrier Global Crossing Airlines (GlobalX) has now received approval from the US Federal Aviation Administration (FAA) to undertake cargo operations. The airline will effectively become the first A321 Freighter operator in the Americas.
The carrier will now commence revenue cargo flights with the A321 Passenger to Freighter (P2F) aircraft (“A321F”) this week, pending the final FAA approved documentation.
“This is a tremendously significant milestone for GlobalX on our path to being one of the leading narrow body charter operators for both passengers and freight in North America.”
“Our expansion into cargo has always been a key aspect of our growth strategy to diversify our revenue streams and maximize the use of all of our assets,” said Ed Wegel, Chair and CEO.
“We are also particularly honored to be the first airline in the Americas to operate the A321F and we believe this aircraft is a game changer in the narrowbody freighter market and we thank ST Engineering for their total support during the conversion and delivery of this aircraft,” he continued.
Impending aircraft deliveries
Currently, GlobalX has one A321F aircraft and is expecting the second A321F to arrive by mid-March. A third A321F freighter is scheduled to be delivered in May.
Overall, GlobalX currently is scheduled to take delivery of an additional three A321F freighter aircraft in 2023 for a total of six for the year, and a further two in 2024.
In addition to this delivery schedule, GlobalX is working to finalize leases on lessor commitments for another five A321F aircraft to be delivered in the 2024-2025 time frame and is working on letters of intent for two additional A321F aircraft.
About the A321 P2F
The A321 P2F features a capacity of 14 upper deck and 10 lower deck containers, which is fifty-five percent (55%) more containerized volume than the Boeing 737-800 freighter and fourteen percent (14%) more containerized volume than the Boeing 757-200 freighter.
Additionally, it boasts an estimated nineteen percent (19%) lower fuel burn than the Boeing 757-200 freighter.
The capacity and fuel economy of the aircraft is poised to position the A321 freighter as the dominant player in the narrowbody cargo market.
About Global Crossing Airlines
GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft. The airline operates as a passenger ACMI and charter airline serving the US, Caribbean, European and Latin American markets.
In 2023, GlobalX will formally enter ACMI cargo service flying the A321 freighter, subject to DOT and FAA approvals.