AerCap, Ethiopian Launch Africa’s First 777-300ERSF

AerCap has placed Africa’s first Boeing 777-300ERSF converted freighters with Ethiopian Airlines, marking a major milestone for the continent’s air cargo capacity and the global freighter conversion market.

The aircraft leasing giant has signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF freighters, with deliveries scheduled for the second quarter of 2028. The deal makes the Addis Ababa-based carrier the first airline in Africa to operate the high-capacity “Big Twin” freighter.

Developed by Israel Aerospace Industries (IAI) in partnership with AerCap, the 777-300ERSF conversion program transforms passenger Boeing 777-300ER aircraft into large-capacity cargo freighters. The aircraft offers approximately 25% more cargo capacity than smaller twin-engine long-haul freighters, providing airlines with improved payload economics and greater route flexibility.

The addition of the 777-300ERSF will further strengthen Ethiopian Airlines’ position as Africa’s leading cargo operator. The airline already operates one of the continent’s largest freighter fleets, including 12 factory-built Boeing 777F aircraft, and continues to expand its cargo network to meet rising global demand.

Ethiopian Airlines Group CEO Mesfin Tasew said the new aircraft will significantly enhance cargo capacity and operational efficiency, supporting increased trade flows across Africa and international markets. The freighters are expected to play a key role in connecting Africa with major global cargo hubs in Asia, Europe, and North America.

AerCap CEO Aengus Kelly highlighted the long-standing partnership between AerCap and Ethiopian Airlines, noting that the introduction of the 777-300ERSF will allow the carrier to scale its cargo operations while benefiting from improved cost efficiency and aircraft performance.

The Boeing 777-300ERSF, often referred to as “The Big Twin,” is currently the largest twin-engine freighter in development, bridging the gap between existing twin-engine cargo aircraft and larger four-engine freighters. Its increased capacity and lower operating costs make it particularly attractive for high-demand, long-haul cargo routes.

The deal also reflects broader trends in the air cargo sector, where airlines and lessors are increasingly investing in converted freighters to extend the life of passenger aircraft while meeting sustained demand for cargo capacity.

With deliveries set for 2028, Ethiopian Airlines is positioning itself at the forefront of Africa’s cargo aviation growth, reinforcing its role as a key logistics hub for the continent and a major player in the global air freight market.

Sources: AirGuide Business airguide.info, bing.com, aircargoweek.com