As you probably know, we released our 2012 Current Market Outlook earlier this month. But unless you looked at the forecast in depth, you probably missed our view of the cargo market and the need for both production and converted freighters.
We’re forecasting that cargo traffic will grow faster than the passenger market with the cargo fleet increasing by more than 80 percent over the next 20 years. That fleet will include the need for 250 large converted freighters— like the 747-400BCF.
The 50th 747-400 Boeing Converted Freighter.
Just today, the 50th 747-400 Boeing Converted Freighter was delivered. Besides being a milestone for Boeing, the airplane is the first for customer Evergreen International Airlines. It’s also the 40th conversion accomplished by Taikoo Aircraft Engineering Co. (TAECO)— the primary conversion partner for the 747-400BCF.
The airplane was modified by adding a side cargo door, a strengthened main-deck floor, full main-deck lining installation, provisions for a new cargo handling system and updated airplane systems.
Congratulations to the teams at Boeing and TAECO—as well as our customer Evergreen.