EFW and Confity Capital Partners Sign Multi-Aircraft A330P2F Conversion Agreement
The collaboration targets growing converted freighter aircraft demand in India and emerging markets.
Elbe Flugzeugwerke (EFW), centre of excellence for Airbus freighter conversions, today announced it has signed an agreement with Confity Capital Partners (Confity), a UAE-based growth equity and investment firm, on a multi-aircraft order for its Airbus A330 Passenger-to-Freighter (P2F) programme.
This order is part of a new partnership between Confity and EFW to bring the latter’s widebody Airbus P2F solution to operators in India in support of the sub-continent’s fast-growing freight market, as well as to global customers in other emerging markets.
The strategic push into India follows EFW’s successful introduction of its standard body A321P2F and A320P2F freighter aircraft to its market in 2022.
The A330P2F conversions for Confity will be performed starting end-2025 at EFW’s facility in Dresden, Germany and at its partner conversion sites across the globe. Jet Freight Logistics, a listed Mumbai-based cargo service provider with extensive experience spanning over four decades, will be the launch customer and the first Indian cargo airline to operate the widebody Airbus P2F platform.

EFW and Confity sign agreement on strategic partnership and conversions of A330P2F aircraft, f.l.t.r. Jeffrey Lam, COO & President Commercial Aerospace, ST Engineering; Jordi Boto, CEO, EFW; Amit Baum, Senior Partner & Program Director, Confity; Sia N. Ashok, Managing Partner, Confity; Lee London, SVP Sales & Marketing, EFW; Richard Theknath, Chairman & Managing Director, Jet Freight Logistics
“We are excited to enter into this strategic partnership with Confity to jointly provide new-generation Airbus converted widebody freighters to the Indian air cargo market,” said Lee London, SVP Marketing & Sales, EFW. “Driven by e-commerce, domestic consumption, rising exports and infrastructure improvements, India's air cargo market is expected to grow rapidly and hit record volumes in the years to come. Our Airbus P2F programmes can serve as a strong enabler in this trajectory, helping Indian operators and the cargo market maintain their upward momentum with proven aircraft freighter solutions.”
“We are delighted to join forces with EFW on this multi-aircraft A330 P2F conversion programme,” said Sia Ashok, Managing Partner at Confity. “This collaboration is a strategic step forward in our mission to build future-ready cargo infrastructure, driven by demand for efficient widebody freighter capacity across emerging and established markets. The A330 platform aligns perfectly with our investment thesis, combining operational versatility with long-term asset value. We look forward to delivering impactful outcomes for our partners, stakeholders and the global aviation ecosystem.”
“For us at Confity Capital Partners, after identifying the need and the possible partners, it was imperative to partner with the leading technical experts of this field,” said Amit Baum, Senior Partner at Confity. “From a broader view, having EFW experts partner with us on this project is a major technical risk reduction as they have proven their capabilities. We can also say we are already looking beyond this project and have additional plans for cooperation in the near future.”
The A330P2F programme comes in two variants – the A330-200P2F and the A330-300P2F – both of which are equipped with advanced technology that offer airlines impressiveoperational and economic benefits. The A330-200P2F can carry a gross payload of up to 60 tons for over 7,700 km, while the A330-300P2F offers a gross payload of up to 62 tons and a containerised volume of up to ~18,581ft3 (~526m3), bringing a new paradigm of efficiency with up to 23% more cargo volume than other freighter aircraft in the same class.
About
About EFW
Elbe Flugzeugwerke GmbH (EFW), a joint venture of ST Engineering and Airbus, combines various aviation and technology activities under a single roof: development and manufacturing of fibre-reinforced composite components for aircraft structures and interiors of the entire Airbus family, the conversion of passenger aircraft into freighter configuration, maintenance and repair of Airbus aircraft as well as engineering services in the context of certification and approval. The company has a workforce of 2,100 employees and achieved revenue of €650m in 2024. With over 20 years of experience and more than 40 conversion customers worldwide, thereof the largest express carriers in North America and Europe but also renowned General Freight and Combination Carriers, EFW is the Centre of Excellence for freighter conversions, driving the development of the Airbus freighter family. Follow us on LinkedIn.
About ST Engineering
ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of over $11b in FY2024 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Best-in-Class Asia Pacific Index. Follow us on LinkedIn.
About Confity Capital Partners
Confity Capital Partners – FZCO (Confity) is a global financial advisory and growth equity firm specializing in asset-backed investments and strategic partnerships across high-growth sectors, with a particular focus on aviation. Headquartered in Dubai, Confity leverages deep industry expertise and a flexible capital approach to support operators, lessors, and platform partners in scaling innovative, capital-intensive solutions across emerging markets. The firm plays an active role in advancing transformative initiatives in air cargo, MRO, digital transformation, and logistics, creating long-term value across the aviation ecosystem. As part of its strategic expansion in the aviation sector, Confity has partnered with SecLink Group (“SecLink”) on a multi-aircraft initiative focused on Airbus A330 Passenger-to-Freighter (P2F) conversions. This collaboration reinforces Confity’s strong footprint in passenger-to-freighter platforms, driving forward key investments in wide-body freighter solutions and positioning it as a key player in delivering next-generation air cargo solutions to meet the growing demand in emerging markets. Follow us on LinkedIn.