The bottleneck in the supply of passenger-to-freighter aircraft comes at the conversion stage, with the availability of slots at most major conversion facilities booked up until 2024, and in some instances until 2026. googletag.pubads().collapseEmptyDivs(); Click here for more FreightWaves/American Shipper stories by Eric Kulisch. The facility is set to come online at some point in 2022. Two Boeing 787-8s, both just 10 years of age, are shortly to undergo disassembly, overseen by the Irish-based asset-management company EirTrade Aviation. Industry watchers also suggest the partners involved, together with the support of engine provider GE Aviation, lend credibility to the effort, despite the engineering challenges involved. googletag.pubads().collapseEmptyDivs(); Depending on demand and build rates, the current-generation jet could continue in production for anywhere up to six years, observers estimate, although at low output levels, near-term slots appear hard to come by. 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. Covid-19 has strongly affected the aerospace industry. googletag.pubads().collapseEmptyDivs(); How much does a Hundred Dollar Hamburger actually cost? 4.2 Limitations 4.2.1 Acceptable used market price. COOPESA will become the fourth location where the popular 737-800 is converted to carry cargo. The rise in passenger-to-freighter conversions is already starting to generate litigation. The number of distinct words in a sentence. Asking for help, clarification, or responding to other answers. Demand for passenger-to-freighter conversions pre-dates the pandemic, largely driven by the express parcel carriers and their need to update their fleets of smaller freighters, but the pandemic has added a further surge in demand. As a modern jetliner with advanced Airbus technology that includes fly-by-wire flight controls, the A330-300 wide-body offers a highly capable platform for conversion into a freighter. CTKs have climbed consistently over the last 12 months, save for the annual post-Christmas slump. Ethan has advised banks, lessors, airlines and other investors on some of the largest and most ground-breaking aviation transactions in the APAC region over the past decade. News that Singaporean firms ST Engineering and investment company Temasek are joining forces to create a new leasing venture for converted freighters is the latest in a series of recent announcements focused on the booming market for passenger to freighter (P2F) modifications. The prospects for the Airbus narrowbody will be aided by a choice of engines, allowing operators to avoid over-reliance on one manufacturer. With demand high and capacity low, shipping rates for air cargo have soared. To learn more, see our tips on writing great answers. Balanced centre of gravity for loading flexibility and fuel efficiency Why is the article "the" used in "He invented THE slide rule"? Would the reflected sun's radiation melt ice in LEO? Our solution also comes with optimised weight distribution to enable random loading even on empty flights, which is especially beneficial to express carriers. It also expects to establish production lines in China and the United States for the A330 reconfiguration in 2022. 757 is likely to remain popular as ex-passenger jets become available. A340-300s are out of favor as passenger aircraft . Is the A330F main deck cargo compartment pressurized? It also has an A330 production facility in Dresden. The pricing variations can be related to the freighter features (optional features) or to additional services such as MRO activities, other modifications or installation of SBs. EFW has orders for more than 100 P2F conversions for the A330-200 and -300. As of July 30, 2017, a total of 1,425 Airbus A321-200 passenger aircraft are in service. I would regard the main new design feature in the A321P2F to be the very foremost positioning of a rigid cargo barrier and the creation of an extended flight deck (cockpit and courier area combined) which allows the maximum volumetric use of the main deck. window.googletag = window.googletag || {cmd: []}; (Useful to have an idea of D-check costs.). Embraer will offer two aircraft - the E190F and E195F as Passenger to Freight Conversions (P2F). lighter than the competition! T.C. The prototype A321P2F ("Passenger-to-Freighter" conversion) aircraft . The Weight Variants (WV) have an impact on the performance of freighters as they do on the passenger aircraft, because they determine the payload-range characteristic of the converted freighters in general. 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()); Demand in the freighter sector has sparked interest from lessors; airlines; maintenance, repair, and overhaul (MRO) service providers; investors; funds; and other financial institutions. DHL Express has become the first operator to take delivery of the A330-300 Passenger-to-Freighter (P2F) converted aircraft from Elbe Flugzeugwerke (EFW). G.B. 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. Boeing sees the cargo market as a whole growing at an annual rate of 4% over the next 20 years, resulting in the need for a freighter fleet 60% larger than todays, rising from 2,010 to 3,260 units. We will respond to you soon. In the vast majority of conversions, such heavy maintenance activities can be performed without having an impact on the normal conversion layover if they are carefully planned in advance and if there are no major findings. Jens Steinhagen, director of Boeing freighter conversions, commented on the announcement saying. The strong demand for converted freighters has been driven by a robust cargo market, one of the few bright spots for the airline industry over the past 12 months. #TIL: manutention. The conversion design is based on the Supplemental Type Certificate (STC) process, like it was for the previous generation A300/A310P2F and the current A330P2F. Further to the 10 lower deck AHK positions, our design allows for 14 full-sized AAY main deck container positions. While the loss of belly-hold capacity, typically around 54% of total capacity, through the collapse of long-haul passenger demand has presented a logistical challenge which has required some creative solutions, both demand and rates are now higher than they were as the pandemic took hold last year. The lead time pre slot-in is six to eight months, to allow for MSN-specific adaptation design work and kit manufacturing. How did Dominion legally obtain text messages from Fox News hosts? "Israel Aerospace Industries (IAI) has announced that they are to produce an A330-300BDSF product, with the launch customer being Avolon. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. The strength of the A321 is clearly its capability to accommodate fully containerised cargo on both decks a game-changer in this freighter size segment, and something which is not available on competing freighter platforms up to the B757. is there a chinese version of ex. Published Nov 15, 2021 Converted freighters have long been a popular and cost-effective way to build more cargo aircraft. Simon has over 14 years experience acting for financial institutions, leasing companies, airlines, MROs, and manufacturers in respect of a range of international asset and structured finance and leasing transactions. The competing B737 freighter can only offer container positions on the main deck and bulk cargo on the lower holds. Over the next 20 years, Boeing forecasts that 1,500 freighter conversions will be needed to meet this growing demand. 2,430 aircraft will be delivered, around 50% of which will replace current inventory. 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. Last year, the company finished 19 conversions of the A320/321 and the larger A330 family. Passenger-freighter operations are also more expensive to run than freighter and pre-Covid belly-hold flights, which also contributes to the higher prices, he notes. But the pandemic has undoubtedly added more fuel to this fire. In 2011, PAS developed, certified and produced a Boeing 757-200PCC combined passenger/freighter (combi) variant for CAM. Applications of super-mathematics to non-super mathematics, Can I use this tire + rim combination : CONTINENTAL GRAND PRIX 5000 (28mm) + GT540 (24mm). By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. You can learn more about the cookies we use here. 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.. The A330 conversion programme is finally underway. That is why we request all relevant documentation and data access from our customers well in advance to each slot-in. How much does a D-check cost compared to a new aircraft? More in this A330-300/-200 P2F brochure (PDF). Here's a look at the process. Throughout the pandemic, the cargo market has shone. CAM expects to convert and lease 30 such aircraft by 2028, two-thirds of . Boeing is this year cutting output to two aircraft per month, including an unknown number of 777Xs. In order to avoid additional cost, the airframes sourced by the customers should ideally be the upper Type-Certified Weight Variants (WV) and be equipped with the most recent avionics hardware and software. Seattle airframer is adding a new 737 conversion line in South America. Conversion facilities are being extended and new facilities set up, however, these initiatives take time: Such timing issues for further expansion/establishment of conversion lines should help to keep the supply of freighters in check in the medium term, although it may mean further freight price rises if demand for freight continues to rise year on year as expected. "Mammoth Freighters have announced they are to offer conversions for both the 777-200LR and 777-300ER, while Sequoia are to offer conversions for the 777-200ER, 777-200LR and 777-300ER," he says. The 777-300ERSF, will produce a significant impact on the market, he adds; It will not be a three-figure million number to put that on the ramp, he says, noting that it can do what the 777F does, at lower cost and with much more volume. Later in the year, CAM will begin the passenger-to-freighter conversions of our first A330-300 for lease delivery in 2024. 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