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Boeing, the leader in P2F conversions, to customers, IBA do not see the P2F
estimates a demand for approximately community being affected so drastically.
2,800 production-plus-conversion One only needs to look at the record
deliveries over the next 20 years. numbers of Boeing 737-800s being
"This will include around 1,300 stand- converted both in 2022 and 2023 to
ard-body freighter conversions such prove the point."
as the 737-800BCF, and more than 600 EFW recently did the first door cut for
wide body conversions such as the 767- the very first A321P2F conversion at Haite
300BCF," according to a spokesperson Market values and in Tianjin. The aircraft has gone through
for Boeing. heavy structural works, and will soon be
lease rates for converted ready to get installed with its new big
Supply chain challenges 737-800s are no longer main deck cargo door.
Conversion experts like IAI and EFW The supply chain challenges for conver-
are facing multiple challenges - supply commanding the sions are similar to the challenges facing
chain bottlenecks, shortages of expert production and aftermarket – there is a
technicians and delayed regulatory ap- premiums they were as general lack of feedstock and work labour
proval of modification designs. "While the fleet grows in number for the entire industry, resulting in com-
the industry, at large, is dealing with petition for the same material and staff
staff shortages and an increase in raw while at the same time versus the passenger division, according
materials prices, this certainly appears to Andreas Nyman, Vice President, Global
to have affected the OEMs, in particular the cargo market as a Head of Aerospace, Kuehne+Nagel. "We
Boeing," says Jon Whaley, senior avia- whole cools off. are also seeing delays in production by
tion analyst, IBA. "While raw material engine and airframe OEMs, creating long
price increases mean P2F converters Jon Whaley delays which furthermore impact the
might have to pass some of this on IBA scheduled conversion."

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