Aircraft Finance and Leasing Group Signs for Cranfield's Hydrogen-powered Islanders

The Monte group has added Cranfield Aerospace's planned conversion of the Britten-Norman Islander to a prospective portfolio that could also include electrified versions of the Cessna Caravan and the Dornier 228 regional aircraft.

Cranfield Aerospace plans to convert the Britten-Norman Islander commuter aircraft to hydrogen propulsion.

By Charles Alcock • Managing Editor

November 3, 2022

Monte Aircraft Leasing is stepping up its plans to build an electric aviation portfolio by signing a letter of intent with Cranfield Aerospace Solutions (CAeS) for 40 Britten-Norman Islanders converted to hydrogen-electric power. UK-based CAeS is developing a conversion package for the nine-seat commuter aircraft, which are currently powered by piston or turboprop engines.

The agreement announced on November 3 covers modification kits for aircraft that would then be marketed on lease or financing terms to “sub-regional” operators. The announcement did not specify how the preowned Islanders will be sourced, but the CAeS says a network of approved partners will do the conversion work.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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