Aviation

Why is Emirates adding the Boeing 747 to its cargo fleet?

In the aviation sector, Emirates Airlines is renowned for having the fastest and broadest network. It also sets the highest standard for fleet operations with its large Airbus A380 aircraft. Whatever innovations Emirates makes for the airlines that enjoy great success, the company has just added two Boeing 747 aircraft to its fleet, revitalizing the cargo industry.

The demand for the supply chain is growing as a result of the air cargo industry’s quick expansion since the Boeing 747 freight can easily meet this demand.

Emirates is set to bring back its last Boeing 747-400F freighters into its fleet, over 5.5 years after they were phased out. In an unstable environment, the airline is “showing its strong confidence in the global cargo market” by securing long-term wet leases on two -400Fs to increase the freighter capacity. To increase capacity, Emirates SkyCargo wet leases two 747-400F aircraft.

Emirates SkyCargo has increased its fleet of freighters by two Boeing 747-400Fs, demonstrating its firm belief in the world cargo market in the face of recent volatility.

Emirates, the largest international airline in the world, expects to add 15 more freighters to its fleet through announced orders and its freighter conversion programme. Additionally, new passenger aircraft deliveries, beginning with Airbus A350s in late summer 2024 and followed by 777-Xs the following year, will increase belly-hold capacity.

With a fleet of over 300 wide-body aircraft, including 777s, 777-Fs, 747-Fs, A350s, and A380s, Emirates SkyCargo intends to quadruple its current capacity over the next ten years, add over 20 new destinations to its cargo network, and provide even more flexibility and services to its clients.

While we wait for the delivery of 5 new 777Fs in 2024 and 2025 and 10 777-300ERs to roll out of our conversion programme over the following 5 years, the 2 new 747-Fs that we have leased will provide us immediate capacity. Even these extra planes, in our opinion, won’t be enough. By that time, the MRO will be ready to grow our freighter conversion programme swiftly and effectively if necessary.

The two Boeing 747-Fs, which were obtained on a long-term wet-lease arrangement and are now being deployed to Chicago three times a week and Hong Kong nine times a week, are a complement to Emirates SkyCargo’s current fleet of 11 Boeing 777 freighters.

Related Topics:airbus Airlines Boeing Emirates

Aviation

Aeroflot Buys Used Planes for Spare Parts Amid Sanctions

In the face of ongoing Western sanctions that have severely impacted Russia’s aviation industry, Aeroflot, the country’s largest airline, has devised a strategic plan to bolster its fleet’s spare parts inventory.

The airline is set to acquire five Boeing 737-800BCF freighters from Atran Airlines, a move that will allow it to dismantle the aircraft for critical components. The planes, which will be transferred to Aeroflot’s low-cost subsidiary Pobeda, will not be converted into passenger jets but instead will be stripped for valuable parts to support existing operations.

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Aeroflot’s plan to purchase these Boeing 737-800BCF freighters comes as part of a broader strategy to mitigate the effects of Western sanctions, which have crippled the Russian aviation sector. With the sanctions restricting access to essential aircraft parts and spare components, Aeroflot is exploring alternative ways to maintain and repair its fleet.

Instead of converting the freighters from cargo to passenger planes, a process deemed “unreasonably expensive” under current sanctions, the airline intends to focus on extracting high-value components such as engines, landing gear, avionics, and other essential systems.

The deal will be structured in a way that allows Aeroflot to indirectly purchase the freighters through an insurance settlement with the aircraft’s lessor, AerCap.

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The Russian government’s insurance company will reimburse the aircraft’s value, and the planes will then be leased back to local operators. This method circumvents some of the restrictions imposed by international sanctions while ensuring that the airline gains access to the necessary components to support its fleet.

By dismantling the aircraft for spare parts, Aeroflot aims to secure critical resources for the ongoing maintenance of its existing fleet. Components from the Boeing 737-800BCF freighters, such as engines and avionics, are expected to be reused in other aircraft within Aeroflot’s network, ensuring that the airline can keep its operations running smoothly