{"id":352,"date":"2016-02-24T12:55:01","date_gmt":"2016-02-24T12:55:01","guid":{"rendered":"https:\/\/phoenixglobalgroup.com\/?p=352"},"modified":"2024-02-27T09:45:56","modified_gmt":"2024-02-27T09:45:56","slug":"boeing-bets-on-china-domestic-airfreight","status":"publish","type":"post","link":"https:\/\/phoenixglobalgroup.com\/el\/nea\/boeing-bets-on-china-domestic-airfreight\/","title":{"rendered":"Boeing Bets on China domestic airfreight"},"content":{"rendered":"
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Boeing Co. expects China\u2019s domestic freight market to surge in the next two decades and said it will offer conversions for its bestselling 737 passenger jets into cargo planes.
\nThe Chicago-based plane maker won 30 confirmed orders and 25 commitments from seven customers for the converted 737, Boeing said in a statement Wednesday. The aircraft will be primarily used to carry express cargo on domestic routes, it said.Boeing predicted growth in China\u2019s e-commerce market will boost demand for cargo planes. Customers will need more than 1,000 converted freighters the size of the 737 over the next 20 years, with China\u2019s domestic air freight carriers accounting for almost one-third of the total market, according to the plane maker\u2019s statement.\u201cExpress air services in China now rely mostly on excess capacity in the belly of passenger aircraft,\u201d Ihssane Mounir, Boeing\u2019s senior vice president for sales in Northeast Asia, said at a ceremony in Shanghai to introduce the conversion program. \u201cWith the growth rate of China\u2019s e-commerce market expected to exceed that of the air express market, we will see plenty of freighter demand going forward.\u201d<\/p>\n

The first of the converted freighters will be delivered in the fourth quarter of 2017. Conversions will take place in facilities near customers, including one in Shanghai, the plane maker said. The aircraft has a range of 2,000 nautical miles (3,700 kilometers) and can carry as much as 52,800 pounds (24,000 kilograms) of cargo, Boeing said.
\nBoeing said it has won 30 firm orders and 25 commitments from these customers:<\/p>\n<\/div>\n