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IBA’s latest freighter market data has revealed that aircraft conversions have declined, while feedstock prices remain high on certain platforms.
The aviation advisory firm reported strong year-on-year growth in cargo-tonne km (CTK) last year, with demand rising 11.3% above 2023 and 7.5% above pre-pandemic levels.
And IBA expects that high demand to continue this year, albeit bringing softer growth, with CTKs increasing around 5%.
As anticipated, conversion activity reduced last year, compared with 2023. A321 P2F conversions initially had strong values, but have ...
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