Fewer freighter conversions, despite feedstock availability and demand
IBA’s latest freighter market data has revealed that aircraft conversions have declined, while feedstock prices ...
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LE BOURGET, PARIS, June 19, 2015 — GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE [NYSE: GE], today announced the launch of its 737-800NG passenger-to-freighter conversion program.
GECAS plans to convert up to 20 of its Boeing 737-800NG passenger aircraft to freighters. AEI Aeronautical Engineers, Inc. will perform the conversions at its facilities in the U.S. and China. The first aircraft is scheduled for conversion starting in 2016 in order to earn FAA supplemental type certification (STC) in 2017 and subsequently enter service as a leased freighter.
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