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Freighter Conversion Boom Means Structural Shift for the Aviation Industry

MIAMI – Airlines’ line of action related to jet conversion into freighter has been rushed amid the pandemic and the rise of cargo demand. As a result, the value of used planes has fallen, especially, due to a medium-term scenario in which cargo operations increase while passenger services decline.

In the middle of all this, passenger-to-freighter (P2F) conversion companies have found several opportunities. According to aviation analytics firm Cirium, P2F conversions will rise by 36% to 90 planes in the next year, then to 109 planes in 2022. Accordingly, Cirium Head of Market Analysis Chris Seymour said most slots are sold read more ⇒

Source:: “Airways Magazine”

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