The world’s air cargo fleet will take on 743 brand new freighters and 1,751 freighters converted from passenger airplanes, worth a total of $180 billion, over the next 20 years, according to a forecast Boeing released Tuesday.
Boeing expects large wide-body jets to account for 33 percent of the world’s air freighters in 2029, up from 27 percent in 2009. And, while Boeing predicts the narrow-body share of the fleet to grow from 37 to 40 percent, it expects nearly all of these will be conversions from passenger or passenger-freight combination aircraft.
Interestingly, Boeing offers two freighters that meet its definition of large — the 777 and 747-8 — while Airbus has none. In fact, the Boeing expects the medium freighter segment, including Airbus’ A330 freighter, to shrink from 36 percent of the fleet to 27 percent.
You can read the forecast here.
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