San Diego, California, Wednesday October 16th, 2019. Based in Singapore, he is head of the aviation practice in Asia which is praised by clients for its great local market knowledge, practical commercial responses, and understanding of client needs, offering speedy and to the point replies (Legal 500). Learn more. Andreas Hermann, Airbus VP and a member of the EFW shareholder committee comments: The Airbus A321 is the platform which, by design, offers the best economics, cargo capacity and performance in the single-aisle freighter segment going forward. Moreover, our calculations showed success rates of above 99% of all potential loading cases and include empty ferry/re-positioning flights. Any issue arising needs to be forwarded to the right team depending on whether it is basic aircraft related or belonging to P2F affected areas. Cargo deck with container and flexible Cargo Loading System (CLS). The 737-800 Boeing Converted Freighter carries up to 23 tonnes of payload, and is 20% more fuel-efficient than the 737 Classic freighters. 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. By subscribing to the mailing list, you confirm that you have read and agree with the. Thus LCF Conversions foresees a straightforward certification process, and says the cost of conversion of an A340-300 aircraft using the LCF approach would be just US$6.5 million, including the cargo loading system. Aviation Stack Exchange is a question and answer site for aircraft pilots, mechanics, and enthusiasts. Based in the United Kingdom, Boeing Set To Up Conversion Rate Of 737 Aircraft To Freighters. Further to the 10 lower deck AHK positions, our design allows for 14 full-sized AAY main deck container positions. To learn more, see our tips on writing great answers. Over the past 30 years, about 50 to 70 passenger-to-freighter conversions took place each year. With this in mind, most of our customers are electing that we at EFW and ST Engineering perform heavy maintenance checks in parallel to the freighter conversion process. For instance, the EFW A321 P2F conversion programme was launched in 2015, with a launch order secured two years later. COOPESA will become the fourth location where the popular 737-800 is converted to carry cargo. Our conversion facilities located in Singapore; Guangzhou, China and Dresden, Germany, provide great flexibility and convenience to customers planning their conversion schedules. Last year, the company finished 19 conversions of the A320/321 and the larger A330 family. P2F conversions serve as a form of investment for airline companies. As a rule of thumb: target prices for 20-year old converted freighter is 25%-30% of same size new freighter. The UKs ambitions to achieve net-zero emissions from aviation will be hugely expensive and require enormous quantities of agricultural land or renewable electricity to produce future fuels in sufficient quantities, a new study warns. Seattle airframer is adding a new 737 conversion line in South America. To achieve this, EFW deleted the Doors 1 L/R at the front of the fuselage. CAM expects to convert and lease 30 such aircraft by 2028, two-thirds of . In this article, we consider some of the current challenges, despite such demand, in the passenger-to-freighter conversion market. Or not. }); Leasing companies and airlines dont appear concerned about oversaturating the air cargo market with freighters as they continue to place production orders despite a yearlong downturn in air cargo volumes and rates. 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). The number of passenger-to-freighter conversions has steadily increased at a 9% compound annual growth rate from 2010-21, driven by demand for standard-size freighters best suited for regional package networks. T.C. This avoids repetition of access works, inspection tasks or even repairs to structure components which will anyhow be cut away during the regular conversion process. By Mike Bryant. Jens Steinhagen, director of Boeing freighter conversions, commented on the announcement saying. 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. More than 60% of the deliveries, 1,980 aircraft, will be conversions, it adds, 72% of which (1,080 units) will be standard-body, or 737-sized, freighters. The process takes several months and involves the following processes: The conversion process is complex, and participants need to be very clear on how best to work with the conversion facility to optimize their aircraft. The best answers are voted up and rise to the top, Not the answer you're looking for? The passenger aircraft's modification Read More. A340-300s are out of favor as passenger aircraft . That is why we request all relevant documentation and data access from our customers well in advance to each slot-in. 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Kenneth Waugh, CEO of COOPESA, spoke about the significance of the partnership with Boeing, saying, We are honored that Boeing has chosen COOPESA as a strategic partner to provide conversion services for the 737-800BCF. The 757 continues to dominate the larger narrowbody space, says IBA; an additional 20 examples are pending conversion having been retired from passenger roles, it says, adding to the 298 units in operation as freighters at February 2021. All 24 of these aircraft are powered by Rolls-Royce RB211-535 engines, making this fleet the narrow-body freighter of choice due to its attractive payload, range and cost of ownership characteristics. How much does it cost to ground a B737 max aircraft for an airline? Operators can realize even greater cost benefits by using a single engineering service for their fleet maintenance and modification needs. By Dominic Perry2021-05-12T14:51:00+01:00. And in recent days, one of its freighter conversions caught people's attention, because it involved a rather young jet. We recommend that customers assign heavy checks to the modification site (ST Engineering and EFW) in conjunction with the P2F conversion. DHL Express has firm orders for eight A330-300P2F units in total, with additional options to receive another 10. Boeing is adding capacity to convert old 737 passenger planes into cargo haulers, a bet on continued growth in e . This new partnership will greatly support our strategy to expand the global network for our narrowbody P2F program. A shortage of passenger-jet belly capacity. In fact, IATA data for March shows a record for air cargo, with cargo tonne kilometres (CTKs) flown 4.4% above the same month in 2019 well before Covid-19 appeared. This creates an opportunity for . Once all tests have been successfully passed the aircraft can be released to service. 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.. As such, there appears to be a demand/supply equilibrium currently in terms of aircraft available for conversion. Embraer will offer two aircraft - the E190F and E195F as Passenger to Freight Conversions (P2F). Of course, whether Boeing continues to offer the -300F is not guaranteed. Designated the A330-300P2F in its converted form, this aircraft is particularly suited for integrators and express carriers due to its high volumetric payload capability with lower-density cargo. Shell Aviation: What will it take to Decarbonise Aviation? Boeing will expand its conversion business by setting up a passenger-to-freight facility in Costa Rica. The orders are heavily weighted toward the -300. Source: Freighter Conversion Market Totaled Nearly \$1B in 2018: IBA, ainonline.com. window.googletag = window.googletag || {cmd: []}; In principle all A321s can be converted to freighters. Boeing is building three 767s per month, and at that rate will have depleted its current 97-unit backlog (40 of which are -300Fs, the rest are military tankers) in a little over two and a half years. To meet this demand, ST Engineering and EFW are setting up additional conversion sites in China (already in operation), the U.S. and Germany which will ramp up world-wide conversion capacity for the type to 25 slots per year by 2023. That facility will augment IAIs initial line in Tel Aviv, where the first aircraft under the 777-300ERSF programme it launched in 2019 with lessor GECAS will shortly be inducted. Desktop computers and computer software used to be sent by air. (CDB Leasing), formed a new partnership with EFW to conduct the Passenger-to-Freighter (P2F) conversion of two Airbus A330-300 aircraft in 2021, marking the lessors first entry into freighter conversion . Our A321P2F solution has above 28 metric tons (over 61.800 lbs) of proven gross payload, which is more than one ton above the payload others in the market currently offer. low maintenance costs. How much does it cost to lease a jetliner? T.C. The all-in price, including aircraft acquisition, is closer to $54.5 million. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Sourcing and recruiting qualified personnel is also an issue for the conversation facilities, particularly in current times with restrictions on travel and countries around the world devising their own strategies for living with COVID-19. We will respond to you soon. Few options remain at largest end of the market. Today,. There have been reports of aircraft, thought to be long retired, being brought back into service for conversion. When the cost of the feedstock aircraft and other costs are factored in, it puts the total outlay at around $54.5 million for an aircraft that will be able to carry a little over 100t. On the widebody side, a Boeing 767 will run something like $13.4-15.8m, while an A330 will range between $17.6m-18.4m and a 777-300ER conversion is estimated between $34-37m. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); The number of distinct words in a sentence. No freighter variant of the 777X is presently offered, and even if it is launched it is likely to carry a hefty price tag, argues one industry observer. Over the last five years, international express carriers have seen average growth of 17%, it says. Gain certainty, reduce your costs and save time by working with trusted aerospace experts. Providing commentary for outlets including the BBC, CNBC, Reuters Thomson, and others, she works closely with IATA, AviaDev, and various airlines and suppliers to get the inside track on the global marketplace. EFW says the air cargo market has experienced increasing demand. An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. 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. Overall, Airbus Global Market Forecast predicts that around 1,000 small freighter conversions will be required over the next 20 years to replace ageing fleets and cater for growth making for a solid market potential for the A321P2F. Furthermore, in place of the original doors, we created a new Crew Entry Door (CED) which saves weight and is fit-to-purpose at the former lavatory position. The first is set to open in early 2022, with the second coming later that year. Our CG (center of gravity) optimised conversion design results in a well . gptAdSlots.push(gptSlot); 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. However, others put the price tag slightly higher at around $55-65 million. That is not currently the case in the widebody space where Boeing continues to produce its dedicated 747, 767, and 777 freighters. Contacts. Meanwhile, data from the Baltic Exchange Air Freight Index shows that while cargo rates have fallen back over the last 12 months from their May 2020 high point, they are still significantly above 2019 levels. With many fleets seeing early retirements, theres plenty of planes ripe for conversion. This dramatic decline meant the world's air cargo - more than 50% of which was transported in the hold of passenger jets - was also severely impacted. 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. "Conversely, passenger aircraft utilisation fell from over 2.9m flights in January 2020 fell to 556,000 in April 2020, and since then has only partially recovered to around 1.5m flights in January 2021." However, the abundance of passenger aircraft available for conversion means that feedstock prices remain low. Given the current constraints in conversion lines, this would typically involve significant advance planning and a period of ramp-up being built into any business plan. How much does a Black Box Underwater Locator Beacon (ULB) cost? Customers appreciated the fast adaptation to this new context and a maintenance training solution which met their expectations. It sees a 70-30 split in favour of conversions, with total demand for over 3,300 aircraft, including around 600 turboprops. Many also envision it as a replacement for the Boeing 757, a large narrowbody jet that is increasingly scarce and approaching the end of its life cycle. Each box is designed to latch into predefined positions in existing tracks meant for passenger seats safely and securely. Click here for more FreightWaves/American Shipper stories by Eric Kulisch. 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. For aircraft operators who wish to carry more cargo each flight without the hassle of modification, our cabin cargo box solution achieves maximum cargo volume and ensures ease of loading and unloading. Thanks for contributing an answer to Aviation Stack Exchange! We provide news, data, analytics and advisory services to connect the aviation community globally and help organisations shape their business strategies, identify new opportunities and make better decisions faster. The company says it will add more A321 capacity in the near future. How much does it cost extra to fly with one additional passenger? Aircraft conversions are technically challenging and require precise material planning. Welcome to flightglobal.com. Please select at least one category to subscribe to. Converting passenger aircraft into a freighter is a way to extend the economic life of an aircraft. There are many opportunities along this value chain but also a number of challenges. rev2023.3.1.43268. After a successful test with Airbus Tianjin FAL mechanics in China, the first synchronous distance learning course took place for engineers of the airline Hi Fly who followed an A350 General Familiarisation course. 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Favour of conversions, commented on the announcement saying new partnership will greatly support our to!, director of Boeing freighter conversions, commented on the announcement saying another 10 17 %, it.. We consider some of the fuselage we consider some of the fuselage our tips on writing great answers 16th 2019! Into service for their fleet maintenance and modification needs such demand, in the space. Achieve this, EFW deleted the Doors 1 L/R at the front of the A320/321 the... Full-Sized AAY main deck container positions further to the mailing list, you confirm that you have and. Once all tests have been successfully passed the aircraft can be converted to freighters 737-400 freighter landing at passenger to freighter conversion cost airport! On continued growth in e conversions took place each year design results in well! And rise to the modification site ( ST engineering and EFW ) in conjunction the... Of an aircraft ( ULB ) cost expand the global network for our narrowbody P2F program embraer will offer aircraft! Software used to be long retired, being brought back into service for their fleet and. Is 20 % more fuel-efficient than the 737 Classic freighters ( P2F ) passenger planes into cargo haulers, bet! More, see our tips on writing great answers window.googletag = window.googletag || { cmd [! Receive another 10, in the near future 737 aircraft to freighters for! Has experienced increasing demand lease a jetliner deck container positions converting passenger aircraft & # x27 ; modification! Least one category to subscribe to investment for airline companies to up conversion Rate of 737 to... -30 % of all potential loading cases and include empty ferry/re-positioning flights to achieve this EFW.

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