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AviaAM Leasing Nears Completion of Boeing 777 Passenger-to-Freighter Conversion

AviaAM Leasing Nears Completion of Boeing 777 Passenger-to-Freighter Conversion
AviaAM Leasing Service Centre, a subsidiary of Avia Solutions Group, is approaching the final phase of converting a Boeing 777-300ER passenger aircraft into a freighter. This project, undertaken in collaboration with US-based Mammoth Freighters LLC, represents a pioneering effort as the prototype conversion of the 777-300ER model. The conversion is expected to be completed by the end of the year, marking a significant development in the aviation sector.
Meeting Growing Demand for Air Freight Capacity
The conversion comes amid a surge in global demand for air freight capacity. Boeing projects that over 2,600 freighters will be required worldwide in the next two decades, with passenger-to-freighter (P2F) conversions playing a vital role in fulfilling this demand. Upon completion, the converted 777-300ER will be capable of transporting up to 98 tonnes of cargo across distances exceeding 5,000 nautical miles. Its cargo volume of 819 cubic metres makes it particularly well-suited for long-haul and transatlantic operations, addressing the needs of an expanding air cargo market.
Jonas Janukėnas, CEO of Avia Solutions Group, highlighted that this milestone reflects the company’s dedication to adapting to the evolving requirements of the air cargo industry. AviaAM Leasing has a strong track record, having completed over 150 aircraft transactions and more than 50 conversions and refurbishments, securing its position among the top 50 global aircraft leasing firms.
Competitive Landscape and Market Dynamics
The market for converted freighters is becoming increasingly competitive. Established players such as Germany’s Elbe Flugzeugwerke GmbH continue to experience strong demand for dedicated cargo aircraft despite prevailing economic uncertainties. At the same time, the sector faces competition from new aircraft deliveries as manufacturers like Boeing and Airbus accelerate production and secure substantial orders. Airbus is reportedly exploring the possibility of stretching its A350 model to compete with Boeing’s 777-9, indicating a potential shift toward larger and more efficient freighters.
These industry developments are likely to influence market dynamics and affect demand for converted freighters such as the 777-300ER. As manufacturers expedite deliveries and introduce new aircraft models, leasing companies like AviaAM must navigate a complex environment shaped by both innovation in conversion technology and strategic moves by major aircraft producers.
Despite these challenges, AviaAM Leasing’s conversion of the 777-300ER underscores the continuing significance of P2F projects in expanding global cargo capacity. This initiative positions the company at the forefront of a rapidly evolving air freight market, where flexibility and adaptability remain essential to meeting future logistics demands.

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