AerCap Holdings N.V. has signed lease agreements for two Airbus A321neo aircraft with My Freighter, a cargo airline headquartered in Tashkent that also operates passenger services under the Centrum Air brand. The aircraft are scheduled for delivery in the fourth quarter of 2027, marking AerCap’s first customer in Uzbekistan and extending its presence in Central Asia.
The lease represents a strategic foothold for AerCap in a region that is rapidly developing as a trans‑Asian aviation hub. By securing its first Uzbek customer, AerCap taps into a market that is attracting significant infrastructure investment, including new cargo complexes at Tashkent International Airport, and positions itself to benefit from the region’s growing demand for efficient, long‑range aircraft.
For My Freighter and its passenger arm, Centrum Air, the addition of two A321neos expands fleet capacity and enables the launch of new routes to Europe. The aircraft’s fuel‑efficient design and extended range will allow the carrier to serve longer routes with lower operating costs, supporting its broader strategy to increase international connectivity and capture a larger share of the Central Asian passenger market.
The A321neo’s modern wing design, Pratt & Whitney PW1100G‑1000 engines, and 4,000‑mile range make it an ideal platform for the carrier’s planned trans‑continental services. Its lower fuel burn and reduced emissions align with My Freighter’s sustainability goals and provide a competitive advantage in markets where fuel costs are a key driver of profitability.
Peter Anderson, AerCap’s Chief Commercial Officer, said, “We are very pleased to welcome My Freighter as AerCap’s first customer in Uzbekistan, and to support both the local aviation industry and Tashkent as an emerging hub connecting East and West. With its market‑leading fuel efficiency and extended range, the A321neo will help drive the expansion of My Freighter and its passenger airline, Centrum Air, as they enter new markets.” Abdulaziz Abdurakhmanov, Chairman and CEO of Centrum Holding, added, “The addition of the Airbus A321neos will strengthen our operational capabilities and support our expanding international network, including the upcoming launch of routes to Europe.”
Uzbekistan’s air cargo market is expanding rapidly, with the country aiming to become a key transit point between Asia and Europe. The government’s investment in airport infrastructure and the growth of cargo volumes provide a favorable backdrop for My Freighter’s expansion plans. Tashkent’s strategic location and improving facilities position it as a natural gateway for airlines seeking to connect the two continents.
AerCap’s Q3 2025 financial results underscore the company’s ability to support such growth initiatives. The firm reported a net income of $1,216 million, or $6.98 per share, and raised its full‑year 2025 adjusted EPS guidance to approximately $13.70. With a revenue of $8.34 billion and a net margin of 45.41 %, AerCap demonstrates strong profitability, although its debt‑to‑equity ratio of 2.43 and Altman Z‑Score of 0.94 signal some financial risk. The lease with My Freighter aligns with AerCap’s strategy to diversify its customer base and capitalize on high‑margin, fuel‑efficient aircraft in emerging markets.
The partnership signals a win for both parties: AerCap expands into a new geographic market with a growing aviation sector, while My Freighter gains the fleet capability to launch new international routes and strengthen its competitive position in Central Asia.
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