US aircraft manufacturer boeing has predicting that over the next 20 years the global freighter fleet will grow by 80 per cent, with conversions accounting for two third of deliveries.
Carriers will need 2,800 additional freighters overall, said the airframer in its Commercial Market Outlook (CMO) for 2022-2041, reports London's Air Cargo News.
'Over the next 20 years, the freighter fleet will grow from pre-pandemic levels by 80 per cent, which represents 3 per cent average annual fleet growth,' said Boeing.
'We forecast approximately 2,800 production-plus-conversion deliveries, with approximately half replacing retiring airplanes, and the remainder expanding the fleet to meet projected traffic growth.
'Roughly two thirds of deliveries will be freighter conversions from passenger airplanes, about 70 per cent of which will be standard-body passenger aircraft.'
The expected 2,800 freighters includes 940 new widebody models in addition to converted narrowbody and widebody freighters over the forecast period, said Boeing.
In the standard body segment, the fleet is projected to grow by 90 per cent over 2021 levels, with a projected 1,300 conversions.
In comparison, Airbus' 2022 Global Market Forecast for the 2022-2041 period expects that the world freighter fleet in service will reach 3,070 aircraft by 2041, with nearly 70 per cent of the current fleet anticipated to be replaced.
The Asia Pacific freighter fleet is forecast to grow larger than any other region and is expected to 'become roughly the same size as the North American fleet by the end of the forecast period,' said Boeing.
Meanwhile, Air Cargo News' sister title FlightGlobal has also reported that Boeing plans to open a second surge line for 737-800 freighter conversions at its facility near London Gatwick airport. Conversion work on the new line will start in November.
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Carriers will need 2,800 additional freighters overall, said the airframer in its Commercial Market Outlook (CMO) for 2022-2041, reports London's Air Cargo News.
'Over the next 20 years, the freighter fleet will grow from pre-pandemic levels by 80 per cent, which represents 3 per cent average annual fleet growth,' said Boeing.
'We forecast approximately 2,800 production-plus-conversion deliveries, with approximately half replacing retiring airplanes, and the remainder expanding the fleet to meet projected traffic growth.
'Roughly two thirds of deliveries will be freighter conversions from passenger airplanes, about 70 per cent of which will be standard-body passenger aircraft.'
The expected 2,800 freighters includes 940 new widebody models in addition to converted narrowbody and widebody freighters over the forecast period, said Boeing.
In the standard body segment, the fleet is projected to grow by 90 per cent over 2021 levels, with a projected 1,300 conversions.
In comparison, Airbus' 2022 Global Market Forecast for the 2022-2041 period expects that the world freighter fleet in service will reach 3,070 aircraft by 2041, with nearly 70 per cent of the current fleet anticipated to be replaced.
The Asia Pacific freighter fleet is forecast to grow larger than any other region and is expected to 'become roughly the same size as the North American fleet by the end of the forecast period,' said Boeing.
Meanwhile, Air Cargo News' sister title FlightGlobal has also reported that Boeing plans to open a second surge line for 737-800 freighter conversions at its facility near London Gatwick airport. Conversion work on the new line will start in November.
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