Happy New Year!
In late 2012 the widebody air cargo market took a plunge. For the most part it has not recovered and remains stagnant.
As 2014 begins the narrow body “passenger to freighter” conversion market is heating up. Below are a quartet of articles that describe the market conditions today with special consideration to the 737 freighter conversions.
As legacy carriers across the planet re-fleet with 737-NG’s, the 737-Classic market has finally reached liquidation prices. Aircraft can be acquired for the price of engines and paint mostly.
Alaska and Ethiopian Airlines are demanding a 737-800 freighter to replace their aging 737-400′s. A 737-800 Freighter will change everything with increased range and 180 min ETOPS capability the 737-Classics do not have.
The race is on for this aircraft. Hopefully we find out soon who will be doing the STC for the 737-NG freighter conversion.