PREVIOUS NEWS STORY. To support it in fulfilling this demand, it has today announced a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter. What are some tools or methods I can purchase to trace a water leak? Stay informed:Sign up for ourdailyandweeklyaviation news digests. Share this story. 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. By subscribing to the mailing list, you confirm that you have read and agree with the. googletag.cmd.push(function() { T.C. IAI and GECAS are partnered on 777-300ER modification programme. Desktop computers and computer software used to be sent by air. googletag.cmd.push(function() { When the cost of the feedstock aircraft and other costs. AerSale's Goodyear, AZ heavy-MRO facility has been performing P2F conversions on 757 aircraft since 2013. High Court strikes a cautionary note on lease termination: The recent case of Peregrine v Laudamotion, Sustainability trends in the aviation sector, Receive the latest thought leadership from across Reed Smith, Carrying the load: The use of passenger aircraft to haul cargo during the COVID-19 pandemic, Managing the wider supply chain: The logistics challenge, The current challenges of passenger-to-freighter conversions, Tax, Private Client Services and Executive Compensation, Modern Slavery and Human Trafficking Statement. The A330P2F programme has two variants the A330-200P2F and A330-300P2F. But the aircraft will simultaneously be disassembled off-site and EirTrade expects parts to start becoming FlightGlobal is the global aviation communitys primary source of news, data, insight, knowledge and expertise. The competing B737 freighter can only offer container positions on the main deck and bulk cargo on the lower holds. Converting passenger aircraft into cargo carriers is a complex engineering process, and every aircraft and aircraft type is unique. Would the reflected sun's radiation melt ice in LEO? Source: Freighter Conversion Market Totaled Nearly \$1B in 2018: IBA, ainonline.com 2018's average is 7-8 million USD per conversion. Analysis from the AirInsight Group shows that 104 freighter conversionsvarying from widebody jets to regional turbopropsentered operators' fleets during the first half of 2021, suggesting . However, another impact of the pandemic, which coincides with the demand for aircraft for conversion, is the accelerated retirement of passenger aircraft fleets as airlines retire older aircraft in a bid to both minimize their current underutilized fleets and to invest in more efficient newer generation aircraft. Having examination sessions at the end of the training courses and training certificates delivered in sequence was another benefit. 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. This allows us to locate the rigid cargo barrier at this position. 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. RELATED NEWS: However, in the end the feedstock selection depends on the ramp price after conversion, so each business case is individual. 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. 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. Nevertheless, there can still be some unavoidable differences between candidate feedstock aircraft, for example if the new P2F fleet is being created from six A321s purchased from airline X and four A321s purchased from airline Y which will likely comprise aircraft originally from different production batches. Demand in the freighter sector has sparked interest from lessors; airlines; maintenance, repair, and overhaul (MRO) service providers; investors; funds; and other financial institutions. Such interest has led to a surge in demand for aircraft prime for conversion, as well as slots for the conversion itself. 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. DHL Express has firm orders for eight A330-300P2F units in total, with additional options to receive another 10. In 2007, PAS redelivered the first of four converted Boeing 757-200PCF freighters to CAM. In 2011, PAS developed, certified and produced a Boeing 757-200PCC combined passenger/freighter (combi) variant for CAM. 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. At the moment the market doesn't support it, but it could, in the future. . Connect and share knowledge within a single location that is structured and easy to search. 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 conversion of the young A333 illustrates just how weak the demand is today for widebody aircraft and the large surplus of A330s. Consultancy Ascend by Cirium broadly shares Boeings outlook for the period. Making statements based on opinion; back them up with references or personal experience. Over the past 30 years, about 50 to 70 passenger-to-freighter conversions took place each year. @FreeMan Yes, as D check. Are there conventions to indicate a new item in a list? Loaded & Rolling (Enterprise Fleet News/Analysis). How much does it cost to design a jetliner's wing? It does not include expenditures for aircraft acquisitions and related passenger-to-freighter conversion costs. We obtained a Supplemental Type Certificate from the Civil Aviation Authority of Singapore for this modification in August 2020. High containerised cargo volume How much does the design, implementation, test and certification of a Passenger-to-Freighter Conversion cost? Welcome to flightglobal.com. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. As a conversion house that has redelivered over 400 aircraft through its Passenger-to-Freighter (P2F) programmes since 1996, ST Engineering is today one of the world's largest and most experienced solution providers for freighter conversion. 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. Why was the nose gear of Concorde located so far aft? Passenger to freight (P2F) conversion is a low-cost solution compared to the dedicated cargo aircraft. As the first A321P2Fs (Passenger-to-Freighter) begin operations with launch customers, FAST magazine talks to the experts Gilbert Birke and Thomas Centner from Elbe Flugzeugwerke (EFW), the joint venture of Airbus and ST Engineering. Latest freighter conversions/mro news. 2,430 aircraft will be delivered, around 50% of which will replace current inventory. Each converted aircraft undergoes an extensive ground testing procedure which includes electric power-on, hydraulic power-on, testing of the flight controls, landing gear swing and an engine run. Here's how one firm, Israel Aerospace Industries, is creating the next generation of cargo freighters. G.B. 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. Few options remain at largest end of the market. Over the past 10 years, the type of cargo flown by air has shifted to highervalue and more specialised products, claims Goater. We highly recommend that parties interested in conversions talk to EFW as early as possible to assess the suitability of potential feedstock airframes. Drift correction for sensor readings using a high-pass filter. It also affords their pilots a high level of cockpit and digital fly-by-wire commonality with its larger brother, the A330P2F. Typically the RJ100 can be bought for between $1.5m and the freighter kit and conversion would cost between $2.2 and 2.8m. 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. Dubbed "The Big Twin" denoting its status as the largest ever twin-engined freighter the initiative is jointly . Higher fuel efficiency, lower maintenance costs; Our optimised conversion design results in a well-balanced freighter that requires tremendously less trimming which, according to Airbus' route . Moreover, our calculations showed success rates of above 99% of all potential loading cases and include empty ferry/re-positioning flights. Boeing predicts the cargo market as a whole will grow at an annual rate of 4 percent over the next 20 years, resulting in the requirement for a freighter fleet 60 percent larger than we have today. 2023 Reed Smith LLP. Boeing already undertakes this process at Boeing Shanghai Aviation Services (BSAS) in Shanghai, China; Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) in Guangzhou, China; and Taikoo (Shandong) Aircraft Engineering Co. Ltd. (STAECO) in Jinan, China. 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.. Passenger-to-freighter Conversion Business Booming in Asia-Pacific | Air Transport News: Aviation International News EFW is the approved design holder for the modifications and manages the various conversion programs. Israel Aerospace Industries has been converting passenger jets to freighters for four. If the cost of the conversion is more than the proposed price to sell the aircraft, the owner selling the P2F converted aircraft will incur a loss. 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. Jens Steinhagen, director of Boeing freighter conversions, commented on the announcement saying. If I understand correctly (do not hesitate to correct me), it basically consists of removing many components (seats, galley, ) as done in the first phases of a D-check, and then the handling equipment is added (as it should be done in the late phases of a D-check for freighters). That is why we request all relevant documentation and data access from our customers well in advance to each slot-in. It only takes a minute to sign up. Flexible cargo-loading system (CLS) Aviation analytics firm Cirium expects the number of P2F conversions globally will rise by 36% to 90 planes in 2021, and to 109 planes in 2022. googletag.enableServices(); What does the future of aviation look like in 2022? Narrowbody conversion costs range from US$2.85m for a Boeing 737-300 through a range of $4.3-6m for a 737-800, up to $6.1m for an Airbus A321-200. Cash receipts from government payroll support programs, which are included in operating cash flows, were $0 and $83.0 million for the years ended December 31, 2022 and 2021, respectively. And in recent days, one of its freighter conversions caught people's attention, because it involved a rather young jet. 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. T.C. 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.pubads().enableSingleRequest(); 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. I thought it was the same in english (my bad, edited). More than 80 mainline jet passenger aircraft underwent conversion to freighters last year and the total value of the 2018 conversion market approached $1 billion including all associated costs . Therefore both customer support teams need to work closely coordinated. Fly-By-Wire commonality with its larger brother, the type of cargo freighters for widebody aircraft the. 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