Fewer Cargo Planes, More Cargo in Passenger Planes

For the world’s biggest maker of air freighters, the most formidable competition is coming from the bellies of its own passenger planes. Sales of cargo versions of Boeing’s (BA) 777 and 747-8 aircraft have stalled as British Airways (IAG:LN), Delta Air Lines (DAL), FedEx (FDX), operator of the world’s largest cargo airline, and other carriers ground older cargo planes and transfer freight to Boeing’s widebody 777 passenger jets. The shift is forcing Boeing to rethink its cargo business as a glut of large passenger jets hits the market over the next two years.

Boeing Cargo Planes Lose to Boeing Passenger Planes – Businessweek.

 

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