Boeing to Cut Output, Thousands of Jobs on Vanishing Demand

• Bloomberg News
• April 29, 2020
• Bloomberg, News, Production Freighters

Boeing Co. unveiled deep cuts to jobs and production as the manufacturer rushes to adapt to a shrinking market for jetliners after the worst downturn in aviation history. The U.S. planemaker will pare output for wide-body jets such as the 787 Dreamliner and behemoth 777X, according to a company statement Wednesday. Production of the 737 […]

CFC: Freighter fleet on the rise, despite COVID-19

• Charles Kauffman
• April 28, 2020
• Aircraft, All Posts, Cargo Facts Consulting, Conversions, Equipment, Narrowbody Conversions, Production Freighters, Widebody Conversions

Factoring in COVID-19 disruptions, Cargo Facts Consulting (CFC) predicts the world’s jet freighter fleet will grow to 2,971 units by 2039, an increase of nearly 60% from the current fleet size of 1,885 units. Including net fleet growth and retirements, the global freighter fleet will have to add 2,322 jet freighters during the next two […]

Boeing delivers first 767-300F at higher production rate

• Charles Kauffman
• February 12, 2020
• Aircraft, All Posts, Equipment, News, Production Freighters

On Monday, Boeing delivered a 767-300F (63114) to FedEx [FAT 005327] While the aircraft represents one of many recent deliveries for the express giant, this was Boeing’s first 767 delivery at the increased production rate of three units per month. The 767 is currently a bright spot across Boeing’s product portfolio. Apart from plans to […]

Freighter orders, deliveries slow in 1Q19

• Caryn Livingston and Charles Kauffman
• May 2, 2019
• Capacity & Demand, Conversions, Freighter Aircraft Transactions, News

Freighter orders and deliveries fell 5.6% last quarter to 14 deliveries and redeliveries of production freighters and freighter conversions, Cargo Facts reports. Cargo Facts tracks global freighter aircraft transactions in its FAT database here. Starting with orders for production and converted freighters during 1Q19, totals were significantly slower than during 1Q18, when fifty-two orders or […]

Disappearing production freighter orders — Part II

• David Harris
• January 11, 2018
• Aircraft, Capacity & Demand, Carriers, Strategy

Yesterday, we began this two-part analysis of the production jet freighter market in 2017 with an overview of orders and deliveries, our thoughts on why orders have all but disappeared, and when they might return. Today we conclude it with a close-up look at each of the four types currently on offer,  the carriers that ordered […]

Production freighter orders and deliveries in 2016, Part II

• David Harris
• January 11, 2017
• Aircraft, News, Strategy

Yesterday, we began our look at production freighter orders and deliveries in 2016 with an overview of the last five years, today we continue with a summary of the order, delivery, and backlog status of the four freighters currently offered by Airbus and Boeing, at the end of 2016. We begin with Airbus’ single entry, […]

Out with the old & in with the new? Not so fast…

• David Harris
• January 12, 2016
• Aircraft, Capacity & Demand, News

As we reported last week, 2015 was a strong year for new-build jet freighter orders. Today, we begin a two-part series in which we take stock of the overall state of the production freighter order books at Airbus and Boeing, and the state of the large widebody freighter fleet in general. We start with the “in […]

Freighter orders bloom in 2015

• David Harris
• January 5, 2016
• Aircraft, Carriers, Strategy

After what appeared to be a good start, 2015 turned into something of a limbo year for air freight. By March, with the one-time boost from the US West Coast ocean port labor strife fading, it became apparent that underlying growth in demand was relatively small, and the remainder of the year brought little change. […]