Boeing, UPS strike conversion deal

The Chicago-based commercial aircraft manufacturer reached a passenger-to-freighter conversion deal with United Parcel Service for three 767-300 aircraft.    Boeing and the United Parcel Service (UPS) reached a passenger-to-freighter conversion deal for three 767-300 aircraft, the commercial aircraft manufacturer said at the 2017 Paris Air Show on Monday.
   Demand for passenger-to-freighter conversions is growing, with FedEx and the U.S. Air Force having booked out production freighter slots as well, according to Air Cargo World.
   In its annual forecast, Boeing said conversion demand will continue for the next two decades, fueled by a rise in e-commerce and growth in the express market.
   “The purchase and conversion of these 767s is a perfect example of how UPS is making smart investments to fuel profitable growth,” said UPS Airlines President Brendan Canavan.
   Boeing has put on quite the show at the 2017 Paris Air Show, rolling out a new 737 model and winning 571 new orders and commitments for its planes. The MAX series have been the most popular, with hundreds being ordered by customers around the world.