Aerial view of Brussels

The Boeing 737-800 is dominating the passenger-to-freighter (P2F) conversions market, but experts have warned of a potential oversupply against a backdrop of softening demand for air freight.

The aircraft intelligence and consultancy IBA’s latest webinar on aircraft freighter values showed continued demand for freighter capacity led by the B737-800 conversions with a substantial fleet of 121 active aircraft, 47 pending conversions, and 33 in storage. Lease rates remain stable at around $180,000 per month.

The B737-800 has clearly soaked up the sector’s ...

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