ACIA Aero Leasing places ATR72-500 Bulk Freighter with Canada’s KF Aerospace

Wednesday 19th February 2025

KF Aerospace’s diverse business operations include aircraft maintenance, repair and overhaul (MRO), aerospace engineering, air charter services, air cargo, aircraft leasing and military aircrew training for the Royal Canadian Air Force (RCAF).

In November 2024 KF Aerospace was awarded the 10-year contract renewal for the BC Feeder Network with a fleet renewal of three cargo aircraft. KF selected the ATR72-500F to replace the Convair 580s – for which the company is the type certificate holder.

“Following the awarding of our new air cargo contract, we have committed to a quick turnaround time to implement the fleet renewal. ACIA has provided a quality aircraft that meets our needs in a very short period of time. This latest transaction represents our first acquisition from ACIA, but our business relationship extends back over many years, and we look forward to continuing our partnership with ACIA.” commented Tracy Medve, President and CEO, KF Aerospace.

About KF Aerospace

A Canadian success story, KF Aerospace was founded as Kelowna Flightcraft in 1970 by Barry Lapointe and has since evolved into a leading aerospace company and the largest commercial Maintenance, Repair and Overhaul (MRO) provider in Canada.

KF Aerospace excels in aircraft MRO, aerospace engineering, military aircrew training, air cargo operations and aircraft leasing. Industry-recognized for its skilled workforce, KF Aerospace is dedicated to innovative, on-time and cost-effective solutions.

KF Aerospace supports corporate, commercial, and military customers globally, including major aircraft manufacturers and airlines, and provides vital training and in-service support services for the Royal Canadian Air Force (RCAF).

www.kfaero.ca

ACIA Aero Leasing

ACIA Aero Leasing (“ACIA”), a subsidiary of ACIA Aero Capital (“ACIA Group”), is a leading regional aircraft lessor headquartered in Ireland, with offices located in France, The United Kingdom and South Africa. ACIA was established in 2004 and manages a portfolio of nearly 70 regional passenger and freighter aircraft on lease to operators in more than 22 countries globally. Through its strategic partnerships, ACIA provides airlines with turnkey leasing solutions from dry leasing through to charter operations.

www.aciaaeroleasing.com