MONTE Aircraft Leasing Limited have announced a three-party agreement with Cranfield Aerospace Solutions (CAeS) and Australian air charter company Torres Strait Air to convert up to ten Britten-Norman Islander aircraft to hydrogen-electric power.
The deal, which comes shortly after Torres Strait Air signed a letter of intent for ten new conventional Britten-Norman Islander aircraft, the company says will see MONTE, a “pioneer in financing low emission and zero emission technologies in the sub-regional aviation market”, provide financing to Torres Strait Air for the conversion of existing Britten-Norman Islanders, and CAeS integrate its hydrogen-electric propulsion system technology into the aircraft.
“CAeS and MONTE’s partnership vision, dating back to November 2022 when MONTE signed an LOI to purchase 40 modification kits from CAeS, is to bring financing and leasing solutions to sub-regional operators to enable them to adopt zero-emissions aircraft operations” according to the press release.
“The deal will enable Torres Strait Air, which currently operates a fleet of eleven aircraft from Horn Island, to serve the vital air transport needs of the Torres Strait community in a sustainable way with zero-emission flight.”
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(Image: MONTE)