ISTAT Jetrader - Winter 2023 - 46

APPRAISAL
Boeing 757-200SF/PCF
Mark D. Halsor
ISTAT Certified Senior Appraiser
President
Aviation Asset Management Inc. (AAMI)
mark@aami.cc
aami.cc
Photo courtesy of Mário Fontes.
A
fter Boeing rolled
out the 757-200
passenger aircraft
prototype in 1982,
the first 757-200
was delivered to
Eastern Airlines
in early 1983. During the program's 21year
production run of 1,050 757-200
and 757-300 aircraft, Boeing developed
and delivered the first 757-200PF
(package freighter) to UPS in 1987.
Factory-produced narrowbody
freighter programs have been rare,
as manufacturers have had difficulty
projecting sufficient volumes to cover
their development and certification
costs over the typically much
shorter production run as compared
to a passenger aircraft program.
Accordingly, Boeing's 757-200PF
program was only marginally successful
with 80 delivered aircraft.
It wasn't until 2001 with Boeing's
development of the 757-200SF
passenger-to-freighter conversion
program that the 757-200 started on
the path to dominating the narrowbody
freighter market. Boeing converted
the first block of 757-200SFs and then
sold the supplemental type certificate
(STC) to both ST Aerospace and to
Israel Aerospace Industries. As of
October 2023, the three companies
had produced a combined total of 200
757-200SFs. Precision Conversions
developed its own conversion STC for
46 * THE OF F I C I AL PUBL I CAT I ON OF ISTAT
Aircraft
757-200 and 757-300 Delivered
757-200 and 757-300 Passenger Aircraft in Storage
757-200 and 757-300 Passenger Aircraft in Service
757-200PF Boeing Production Freighters
757-200SF/PCF Converted Freighters
A321-200P2F Delivered
Source: AirFinance Journal Database as of 1 October 2023
Total
1,050
364
197
80
365
37
Boeing's 757-200PF program was only marginally
successful with 80 delivered aircraft.
the 757-200PCF, with 165 conversions
delivered as of October 2023.
Boeing 757-200SF/PCF
Capabilities
During the 757-200 conversion process,
a cargo door is installed between the
forward passenger entry door and
the left-side wing of the aircraft. The
passenger floor is reinforced and is
also equipped with cargo handling rails,
rollers and pallet moving systems. The
costs for completing this conversion are
in the US$5-6 million range, excluding
the additional maintenance costs
(usually airframe checks) that normally
occur while passenger aircraft are
converted to freighters.
The 757-200SF/PCF typically
accommodates 14 full-size cargo
pallets on the main deck, along with a
smaller LD3 container. The maximum
range is approximately 2,500 nautical
miles (nm) at the maximum payload of
84,000lbs. The maximum range with
full fuel tanks is approximately 3,800
nm carrying 60,000 pounds of cargo.
Dwindling Boeing
757-200SF/PCF Cargo
Conversion Feedstock
Despite the last delivery in 2005, the
AirFinance Journal Database shows
nearly 200 757-200 and 757-300
passenger aircraft in revenue service
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ISTAT Jetrader - Winter 2023

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