Passenger to Freighter Market size is estimated USD 5.75 Bn. to grow at a CAGR of 8.55% for 2030
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  • Passenger to Freighter Market size is estimated USD 5.75 Bn. to grow at a CAGR of 8.55% for 2030

    (Transportation-News.com, August 13, 2024 ) Passenger to Freighter Market involves converting retired passenger aircraft into dedicated freighter aircraft for cargo operations. This process includes removing seats, supporting the floor, and installing large cargo doors to transform the planes into cargo carriers.



    To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Passenger-to-Freighter-Market/1982





    The demand for air freight services is rising due to e-commerce growth and globalization, driving the need for more freighter aircraft. Converting passenger planes into freighters is more economical than buying new freighter aircraft, extending the lifespan of existing planes. Innovations in conversion processes, such as structural modifications and cargo loading systems, enhance the efficiency and capabilities of converted freighters.

    North America dominates this Market with a 48.30% share in 2023 but, Asia Pacific expected fastest-growing region in the market. In September 2022, Indigo an Indian airline launched its first converted freighter aircraft the A321 Passenger to Freighter. Age and Condition of Aircraft, Supply of Suitable Aircraft, technical changes are regulations add complexity and cost to the conversion process.



    Passenger to Freighter Market Segmentation:

    By Build Type

    • New Build

    • Refurbished

    By Aircraft Model

    • Narrow Body

    • Wide Body

    • Regional Jets

    By Fitment

    • Slot/Retro Fitment

    • Line Fitment



    To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Passenger-to-Freighter-Market/1982





    Key Player in the Passenger to Freighter Market

    • AerCap (Ireland)

    • Aeronautical Engineers, Inc. (US)

    • Airbus aircraft (Virginia)

    • Boeing Company (US)

    • Bombardier, Inc. (Canada)



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    About Stellar Market Research:

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