As an alternative of shopping for new plane, many cargo carriers are selecting to buy former passenger planes and convert them to freighters.
It is a months-long course of that may price upwards of $10 million for bigger plane. However the monetary financial savings make it value it in comparison with buying new planes.
“The 777 is totally different than the 747 and 767, for instance, as it is a extra fashionable plane,” Rafi Matalon, IAI’s govt vp of promoting, instructed Insider. “It is a problem however primarily based on our very sturdy engineering functionality for the final 60 years, we’re fixing the issues.”