ISTAT Jetrader - Autumn 2024 - 14

and Melanie Rey, regional marketing
director at Boeing. Airbus highlighted
its A350F as a sustainable leader
in the market, emphasizing its
advanced fuel efficiency and reduced
emissions. Hamilton detailed the
aircraft's design features, such as its
composite materials and optimized
aerodynamics, which contribute to its
environmental benefits.
On the Boeing front, Rey discussed
the upcoming certification timelines
for the 777-8F and 777-9F models,
highlighting their payload capacity and
operational efficiency. She emphasized
the rigorous testing and regulatory
processes these models must undergo
to meet certification standards. The
panel also explored the potential
introduction of new freighter models,
such as the 787F and A330F-neo,
which promise to bring technological
advancements and tailored solutions to
the industry.
A polling question posed to the
audience about the delivery of 370
cargo conversions currently on order
sparked engaging discourse. Hamilton
acknowledged the unpredictability
in the industry, citing cancellations
and strategic shifts as commonplace,
resonating with the audience and
shedding light on the dynamic nature
of the business. The panel concluded
with a discussion on Boeing's ongoing
studies on 787 conversions, signaling
the company's forward-looking
approach to innovation and adaptation
to meet the evolving needs of the air
cargo market.
Narrowbody Freighters
The Narrowbody Freighters Panel,
moderated by Yves Germeaux, head of
corporate finance and aviation finance at
ATOZ Aviation Finance, featured insights
from industry leaders including Robert
Convey, senior vice president of sales
and marketing at Aeronautical Engineers
Inc. (AEI); Laura Ivaskaite, head of asset
management at Smartlynx; Marc Iarchy,
partner at World Star Aviation; and Max
14 * THE OF F I C I AL PUBL I CAT I ON OF ISTAT
RIGHT:
The Airbus and
Boeing debate.
LEFT:
Members of the
Narrowbody
Freighters Panel.
Jonsson, vice president of marketing at
PK Finance.
The panel discussed the anticipated
resurgence in narrowbody conversion
demand by 2027/28, driven by regional
dynamics in Latin America and China.
Convey highlighted the consistent
demand for narrowbody freighters,
particularly the 737 classics, which
are expected to remain in service for
the next 20 years due to their costeffectiveness
in developing regions.
Ivaskaite elaborated on the growing
demand for A321 conversions, driven
by both demand and supply factors.
The panel also discussed the transition
from the 757 to A321, underscoring
the industry's focus on modernization
and efficiency. Jonsson pointed out
that operators and lessors can expect
stable valuations and lease rates,
attributed to replacement demand and
the sustained expansion of air cargo
operations globally.
A pivotal insight revealed during
the discussion was the expected
return to operation of parked aircraft
by 2025/26, coupled with sustained
growth in air cargo volumes. However,
challenges such as feedstock
availability and engine constraints
were noted, which may impact the
pace of conversions in the coming
years. Overall, the panel painted a
dynamic picture of the opportunities
and challenges shaping the narrowbody
freighter market.
Widebody Freighters
Moderated by Bruce Dankberg, director
of portfolio management at Altavair,
the Widebody Freighters Panel featured
Marcus Otto, senior vice president
of aviation for Europe for DHL; Jordi
Boto, CEO of EFW; Nadeem Sultan,
senior vice president of freighters
and cargo planning at Emirates Sky
ISTAT Jetrader - Autumn 2024

Table of Contents for the Digital Edition of ISTAT Jetrader - Autumn 2024
