Boeing’s dedicated freighters views an improving market

Subscription Required By Scott Hamilton and Bjorn Fehrm Introduction Feb. 22, 2015: An improving global freight market gives Boeing hope that air cargo demand will support the production of two new main-deck freighters a month for years to come. Boeing is struggling to sell 747-8Fs to keep the 747 line alive and needs to sell the 777F to support its goal of maintaining the current 777 production rate of 100/yr through the transition in 2020 to the new 777X. Randy Tinseth, VP Marketing for Boeing included the projection as a passing reference in remarks Feb. 11 to the 14th Annual Conference of the Pacific Northwest Aerospace Alliance in Lynnwood (WA). The following week we spoke at length with Tom Crabtree, Boeing’s Regional Director, Airline Market Analysis, Marketing & Business Development, about the long-suffering global cargo market and Boeing’s forecast for recovery. Summary
  • Increasing reliance on belly capacity doesn't negate need for large main deck freighters, Boeing says.
  • Boeing sees need for two new-build, large freighters per month.
  • Accepting Boeing's demand forecast, Leeham Co. sees another production rate cut for the 747-8.

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