Market Share of Freighter Aircraft Industry
The freighter aircraft market is consolidated, with the presence of players including aircraft OEMs, third-party contractors or independent companies that enter cooperation agreements with OEMs, and third-party contractors that develop their conversion solutions independently. Some of the prominent players in the market are The Boeing Company, Airbus SE, ATR, Singapore Technologies Engineering Ltd., and Textron Inc.
In November 2021, Airbus launched the A350 Freighter program with a seven-aircraft order from Air Lease Corporation. Also, in December 2021, three airlines placed orders for the A350F, including CMA CGM Air Cargo, Air France, and Singapore Airlines. The deliveries of the aircraft are scheduled during the forecast period. In addition to this, companies like Boeing, Singapore Technologies Engineering Ltd, IAI, and Precision Aircraft Solution are additional players providing conversion services.
Freighter Aircraft Market Leaders
The Boeing Company
Airbus SE
Textron Inc.
ATR
Singapore Technologies Engineering Ltd.
*Disclaimer: Major Players sorted in no particular order