Challenge Group has unveiled its newest fleet addition — a Boeing 747-400 production freighter as part of its fleet expansion strategy and global mission to enhance cargo capabilities.

The freighter, registered under its Belgian AOC, increases Challenge Group's fleet to 10 aircraft, including six Boeing 747-400F and four Boeing 767-300F freighters, trebling its fleet in less than 3 years.

"This expansion positions the company to meet increasing customer demand with greater efficiency and flexibility," the announcement said.

The new aircraft will also significantly enhance Challenge Group's capacity and frequency, addressing rising demand for perishable transportation out of Africa, e-commerce shipments from China, and transatlantic trade.

Challenge Group said the Boeing 747-400F predominantly serving the e-commerce sector from China, the new freighter will also support diverse industries and verticals with its versatile cargo capabilities.

"The addition of the Boeing 747-400F is a pivotal step in Challenge Group's fleet strategy," said Or Zak, chief commercial officer at Challenge Group.

"It reinforces our ability to respond to the evolving demands of the air freight capacity while expanding our capability to serve new markets. This aircraft exemplifies our commitment to operational flexibility and providing additional solutions for our customers," he added.

Challenge Group said this expansion aligns with its long-term strategy to grow its fleet and increase its market reach.

"By incorporating advanced freighters like the Boeing 747-400 production freighter, the company is well-positioned to deploy additional capacity as needed and strengthen its global network," it added.