AerCap Leases First Boeing 777-300ERSF Freighters to Ethiopian Airlines for African Market

AerCap Holdings N.V. has signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters, marking the first introduction of this aircraft type—known as “The Big Twin”—to the African market. Deliveries are scheduled for the second quarter of 2028, making these the first 777-300ERSF units to operate on the continent.

The deal strengthens the longstanding partnership between AerCap and Ethiopian Airlines, supporting the carrier’s expansion in air cargo. The 777-300ERSF provides approximately 25% more capacity than smaller twin-engine long-haul freighters, with a maximum payload of up to 100 metric tons (220,000 pounds) and volume of 811 cubic meters (28,640 cubic feet). These features deliver cost efficiencies for high-demand routes.

AerCap CEO Aengus Kelly stated, “We are delighted to deepen our long-standing partnership with Ethiopian Airlines – the first customer to operate this aircraft type in Africa – through this important transaction. With 25% more capacity than today’s smaller twin-engine long-haul freighters, the 777-300ERSF delivers significant cost efficiencies and will position Ethiopian Airlines to further expand its growing cargo platform.”

Ethiopian Airlines Group CEO Mesfin Tasew commented, “We are delighted to partner with AerCap to bring the first Boeing 777-300ERSF to Africa. These aircraft will significantly enhance our cargo capacity and efficiency, boosting trade in the region.”

The 777-300ERSF conversion stems from the 2019 Boeing program using the prolific 777-300ER passenger variant, which has over 800 deliveries. It offers up to 20% lower CO₂ emissions per tonne compared to the 747F.