Leasing companies and airlines don’t 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. Airframe overhaul facilities are scrambling to keep up with the demand for converting used passenger jets into dedicated cargo jets.
Lessors remain optimistic about long-term growth projections for air cargo, fueled by the fast-fulfillment requirements of e-commerce, and are...
https://www.freightwaves.com/news/passenger-to-freighter-conversions-keep-on-humming