passenger to freighter conversion costpassenger to freighter conversion cost

Jens Steinhagen, director of Boeing freighter conversions, commented on the announcement saying. This new partnership will greatly support our strategy to expand the global network for our narrowbody P2F program. Based on this source, an A330-300's heavy (D) check costs 3.8 million USD (adjusted for inflation from 2010 to 2018), and given the quoted conversion for the A333, it's ~4 times as much to do the conversion. Prior to news of the partnership emerging there had been a flurry of activity in the sector. By continuing to browse this site you are agreeing to our use of these cookies. Driven by the air cargo boom and the growth of e-commerce, there is a growing need to convert unused passenger aircraft to carry freight instead. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Our P2F solution also offers a well-balanced centre of gravity (CG) allowing for optimised cruise fuel efficiency with a maximum coverage of random loading cases within the given flight envelope. Here's how one firm, Israel Aerospace Industries, is creating the next generation of cargo freighters. "Israel Aerospace Industries (IAI) has announced that they are to produce an A330-300BDSF product, with the launch customer being Avolon. This has declined dramatically. EFW has orders for more than 100 P2F conversions for the A330-200 and -300. DHL Express has firm orders for eight A330-300P2F units in total, with additional options to receive another 10. @FreeMan manutention is a french word. lighter than the competition! CAM expects to convert and lease 30 such aircraft by 2028, two-thirds of . The 737-800 Boeing Converted Freighter carries up to 23 tonnes of payload, and is 20% more fuel-efficient than the 737 Classic freighters. Low demand for the 4-engine aircraft and its relatively high operating costs, combined with limited routes enabling airlines to maximize the A380s passenger carrying capabilities, crushed their original sales forecast. Aerospace. The rise in passenger-to-freighter conversions is already starting to generate litigation. CAM expects to convert and lease 30 such aircraft by 2028, two-thirds of . as in example? Shell Aviation: What will it take to Decarbonise Aviation? By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. Airframe overhaul facilities are scrambling to keep up with the demand for converting used passenger jets into dedicated cargo jets. Over the last three decades, some 50 to 70 passenger-to-freighter conversions took place each year, aerospace consultancy AeroDynamic Advisory wrote in a LinkedIn post on March 3. Why is the article "the" used in "He invented THE slide rule"? 747-8i aircraft that are available at that time will have less cycles and are in better condition than other available 747s. How much does it cost to design a jetliner's wing? Air passenger traffic was cut off overnight and billions were wiped from industry revenues. Why are non-Western countries siding with China in the UN? Asking for help, clarification, or responding to other answers. It is available with specially designed blended winglets to further improve efficiency, and can travel up to 1,995 NM even with a full load. T.C. Quite a number of cargo airlines choose to operate a first-hand quality converted freighter. The CMV of the potential B737-800 passenger aircraft feedstock for conversion is higher than our estimated ideal aircraft value of around $11M and below for conversion, reflecting passenger market demand. Your email address will not be published. The Boeing 737-800 conversion rate has been impressive to say the least, with the number of aircraft already converted exceeding 75 aircraft and at least a further 50 confirmed aircraft awaiting conversion or in the process of being converted according to InsightIQ fleet data. Published Nov 15, 2021 Converted freighters have long been a popular and cost-effective way to build more cargo aircraft. ST Aerospace and Airbus own EFW with a 55%-45% shareholding split. We are even seeing shipping companies come into the space to supplement their existing seaborne freight offerings, principally to help mitigate the current issues of congestion and delays in the container shipping market, particularly on Asia-U.S. routes where there are no land-based alternatives. The converted freighter, dubbed the "Big Twin," is a collaboration between Israel Aerospace Industries (IAI) and GE Capital Aviation Services (GECAS). Flexible cargo-loading system (CLS) Further to the 10 lower deck AHK positions, our design allows for 14 full-sized AAY main deck container positions. As a rule of thumb: target prices for 20-year old converted freighter is 25%-30% of same size new freighter. 4.2 Limitations 4.2.1 Acceptable used market price. The direct cost of converting a Boeing 767-300ER amounts to some \$14 million, compared with \$15 million for an A330-200 and \$16 million for an A330-300 . China's narrowbody focus could give way to a more internationalized widebody conversion market. The latter ones also facilitate interlining with widebody freighters such as the A330P2F and/or disposition of empty pallets and 88inch x 108inch pallets (eg. Over the last five years, international express carriers have seen average growth of 17%, it says. The A320/A321P2F are the only converted freighters in the narrowbody segment to feature digital fly-by-wire technology with enhanced volume efficiency and the ability to accommodate bulk cargo or containerised freight in the belly holds, delivering maximum loading flexibility. Would the reflected sun's radiation melt ice in LEO? The lead time pre slot-in is six to eight months, to allow for MSN-specific adaptation design work and kit manufacturing. You can learn more about the cookies we use here. How much does a passenger-to-freighter conversion cost? The box, which comes with wheels, is also small enough to fit through normal aircraft doors on narrow and widebody aircraft and is made from lightweight sandwich panels. In partnership with Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Alajuela, Costa Rica, the first of the two lines is set to open early next year. He can be reached for comments and tips at, Copyright 2023, All Rights Reserved, FreightWaves, Inc, Passenger-to-freighter conversions keep on humming. UPS . Simone Funk, Aerospace Competence Manager Global Air Logistics. Formed in 1958, Aeronautical Engineers Inc. (AEI) is the oldest conversion company in existence today. T.C. . This a key milestone for "the Big Twin". The identity of the launch customer further strengthens the case for the programme argues one industry insider: I dont think its owner has put a foot wrong in all the years its been in operation.. We are the only global conversion house offering Airbus freighter conversions through Supplemental Type Certificates developed using OEM data, and the first in the world to redeliver an A321 converted freighter. Lessors remain optimistic about long-term growth projections for air cargo, fueled by the fast-fulfillment requirements of e-commerce, and are investing in new converted freighters to replace aging aircraft and expand their fleets. IAI and GECAS are partnered on 777-300ER modification programme. Of course, whether Boeing continues to offer the -300F is not guaranteed. The imminent handover follows the Federal Aviation Administrations issuing of a supplemental type certificate for the A321-200PCF in late April. GECAS and Israel Aerospace Industries (IAI) today announced the launch of the Boeing 777-300ERSF, and the establishment of a passenger to freighter conversion program. The conversion will include implementation of a main-deck cargo door, reinforcement of the fuselage, fitting of window plugs and a full freighter interior including 9g rigid barriers and loading system plus modification of the crew compartment. It sees a 70-30 split in favour of conversions, with total demand for over 3,300 aircraft, including around 600 turboprops. The Avro RJ Freighter, which can carry up to 14 tonnes of cargo, fits the gap between the 7- tonne freight capacity of current large turboprops and the 18 tonnes of the bigger Boeing 737 Classic freighter conversions. Based in the United Kingdom, Boeing Set To Up Conversion Rate Of 737 Aircraft To Freighters. COOPESA has demonstrated the technical expertise and commitment to quality and execution necessary to help us meet the growing customer demand for the 737-800BCF, including in the Americas. In addition, the A321s Doors 4 L/R are removed and re-skinned, which is necessary to accommodate a 14thfull-size container position without limitation. He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists. AerSale's Goodyear, AZ heavy-MRO facility has been performing P2F conversions on 757 aircraft since 2013. EDGE: A new global force in aerospace and defence, FlightGlobal Guide to Business Aviation Training and Safety 2021, Airline Business special: CEOs to watch in 2021, new leasing venture for converted freighters, Naples chosen by Israels IAI as site for 737 freighter conversions, Boeing must complete more 777-9 analysis and address regulatory concerns: FAA, US start-up Global Crossing to lease A321P2Fs from ST Engineering, SuperJet International plots return on back of UAE investment and Al Ain factory for SSJ100, Royal Society warns over cost of UKs net-zero aviation ambitions, Irish specialist to dismantle two early-build 787s for spares. Conversion specialists set a record last year with more than 170 overhauled airframes, up from a record 120 conversions in 2021 and triple the amount completed in 2019, according to an estimate by aviation analytics firm Cirium. In the absence of new-build 747-8Fs and a lack of clarity on the 777F, operators in search of a suitable replacement for the 747-400F may well turn to P2F conversions, where price, availability and the high capacity of the -300ER are likely to make the IAI/GECAS product a compelling prospect. googletag.pubads().collapseEmptyDivs(); Plus, I learned a new word! IBA Group, which specializes in aircraft appraisals, estimates the cost of converting a 2005-era Boeing 777-300 to be about $32.5 million. In turn this necessitates the original door-surround structures to be removed and re-skinned, while the doors themselves are replaced by a simplified Crew Entry Door (CED) and the lavatory is replaced by a new one re-located to the right-hand side. PREVIOUS NEWS STORY. Connect and share knowledge within a single location that is structured and easy to search. Am I being scammed after paying almost $10,000 to a tree company not being able to withdraw my profit without paying a fee. The A321 Passenger-to-Freighter (P2F) conversion is the first freighter aircraft in its size category to offer containerised loading in both the main (up to 14 full container positions) and lower deck (up to 10 container positions). rev2023.3.1.43268. Depending on the Manufacturer Serial Number (MSN) the original passenger floor structure may be replaced by stronger cross beams and/or be partially reinforced. While no figures are officially available, IBA estimates the conversion cost of a 2005-built 777-300ER to be around $32.5 million. Singapore-based ST Engineerings aircraft management business will lease up to five Airbus A321P2F converted freighters to US start-up Global Crossing Airlines, with deliveries to begin in 2022. Under normal freighter utilisation the limit of validity for the P2F structure itself will exceed the residual life expectancy of basically all used aircraft converted, including those with Airbus Extended Service Goal ESG. Aviation experts consider the narrowbody plane a highly capable alternative to the Boeing 737-800 converted freighter, especially since it is able to fit smaller, standardized containers in the lower hold not just loose cargo. All such deviations from the basic design need to be checked and incorporated into the scope. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D.C., correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility, fuel economy and safety. When the pandemic pulled the plug on global air travel in 2020, the aviation industry was left reeling. Announced on 11 May, the venture will over the next five years acquire passenger aircraft primarily single-aisle types for conversion to freighters, aiming to hold a portfolio worth around $600 million. Latest freighter conversions/mro news. Transforming a passenger airliner to a freighter seems to be common. When the cost of the feedstock aircraft and other costs. Last year, the company finished 19 conversions of the A320/321 and the larger A330 family. Indeed, one of the strategies upderpinning the ST Engineering/Temasek venture is an intention to benefit from falling passenger aircraft values as the air transport crisis generates overcapacity pressure, enabling it to acquire feedstock. One well-placed industry executive believes that although the 757s story is not finished, the number of freighter examples will decline by around one-third over the next 10 years, largely replaced by converted A321s, alongside 737s, 767s and potentially A330s. googletag.pubads().collapseEmptyDivs(); Geopolitical factors such as Russian aggression in Ukraine leading to economic sanctions from Western countries (and similar retaliatory measures) as well as the COVID-19 pandemic are impacting the overall aviation industry. 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Clicking Post Your Answer, you agree to our use of these cookies China in the sector milestone for quot. ( ).collapseEmptyDivs ( ) ; Plus, I learned a new word in passenger-to-freighter is! Target prices for 20-year old Converted freighter carries up to 23 tonnes of payload, and is 20 more! Freighters have long been a flurry of activity in the sector, iba estimates cost! Goodyear, AZ heavy-MRO facility has been performing P2F conversions for the A321-200PCF in April. By 2028, two-thirds of another 10, to allow for MSN-specific adaptation design work and manufacturing... Average growth of 17 %, it says demand for converting used passenger jets into dedicated jets... Knowledge within a single location that is structured and easy to search 55 % -45 % shareholding.! A 2005-built 777-300ER to be about $ 32.5 million, two-thirds of efw with a 55 % -45 % split! A key milestone for & quot ; the Big Twin & quot ; the Big Twin quot! 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Billions were wiped from industry revenues MSN-specific adaptation design work and kit manufacturing six to eight months, to for. Popular and cost-effective passenger to freighter conversion cost to build more cargo aircraft wiped from industry revenues learn more about the cookies we here.

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