Air cargo capacity squeeze could linger 'until the end of the decade'
Air cargo’s capacity shortage “will not be resolved any time soon”, and could linger “until ...
By Alex Lennane
The aircraft lessors are eyeing e-commerce – and Avolon is investing. The Irish lessor has signed an agreement with Israel Aerospace Industries (IAI) for 30 conversion slots for A330-300s between 2025 and 2028. Avolon owns more than 200 A330s.
Domnhal Slattery, Avolon chief executive, said the company believed the “IAI A330-300 P2F will be the widebody freighter of choice this decade and beyond”.
And, according to the Irish Times, lessor Genesis has signed with Boeing to convert two 737-800 aircraft into freighters, ready in 2022.
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