CBD — we know what you’re thinking — also stands for Chinese Development Bank and it is going deeper into air cargo leasing.
Leasing companies are investing in pre-owned passenger planes that can be converted into freighters, and production companies are stepping up to meet their need.
A new type of air cargo plane is entering the market to much fanfare. The Airbus A321 has many capabilities. Titan Airways is getting the second freighter ever produced.
The 737-800 and 767-300 passenger planes are ripe for converting to all-cargo configurations due to their age and capabilities. Boeing is adding extra capacity to keep up with orders.
Boeing was shut out on orders in January, but the sting was softened a bit by a deal for new passenger-to-freighter conversions.
