Israel Aerospace Industries And Etihad Tap Into The Booming Market Of Converting Passenger Jets To Cargo Planes.

  • Date: 29-Aug-2021
  • Source: Forbes
  • Sector:Defense
  • Country:UAE
  • Who else needs to know?

Israel Aerospace Industries And Etihad Tap Into The Booming Market Of Converting Passenger Jets To Cargo Planes.

The Big Twin program received a boost with the recent agreement between Israel Aircraft Industries ... [+] and Etihad Engineering to establish a facility in Abu Dhabi that will convert Boeing 777-300ER passenger planes into cargo aircraft. Israel Aircraft Industries (IAI) IAI and the engineering division of Etihad Aviation Group are teaming up to establish a new facility that will convert Boeing 777-300ER passenger planes into freighters, a partnership and investment which the companies hope will allow them to win a share of the burgeoning market for dedicated freighter aircraft. The new 777-300ER passenger-to-freighter (P2F) conversion site will be based in Abu Dhabi, United Arab Emirates and is part of IAI's strategy to further develop its already comprehensive network of conversion sites around the world to meet the expected rise in demand for freighter aircraft. In recent months, the state-owned Israeli aerospace and defense group inked agreements for new narrow-body and wide-body aircraft P2F conversion lines in South-Korea (for 777-300ER and Boeing 777-200LRs), in Naples, Italy (for Boeing 737-700/800s) and in Addis Abba, Ethiopia (for Boeing 767-300s). Demand for cargo jets has increased strongly since the Covid-19 pandemic, due to a sharp rise in e-commerce and the fall in belly