Airbus has signed an agreement with Singapore-based ST Aerospace to offer passenger-to-freighter (P2F) conversion solutions for its A320 / A321 aircraft. The agreement was signed at the Paris Air Show in Le Bourget by Harald Wilhelm, Chief Financial Officer of Airbus Group and Airbus, Serh Ghee Lim, President of ST Aerospace, Andreas Sperl, CEO of EFW and Tom Williams, Airbus Chief Operating Officer.
Airbus foresees a significant market demand of more than 600 aircraft over the next 20 years for P2F aircraft conversions in the small freighter segment. The A320P2F, with eleven main-deck container positions, will be capable of carrying 21 metric tonnes of payload over 2,100nm, while the A321P2F with 14 main-deck positions will be able to carry up to 27 tonnes over 1,900nm. The first converted A321P2F will be delivered in 2018.
The A320/A321 P2F converted aircraft will be marketed and managed by Elbe Flugzeugwerke (EFW). Airbus currently holds a majority stake at the Dresden-based freighter conversion specialist together with its partner and co-owner, ST Aerospace. In order to implement the new business line for A320 / A321 P2F aircraft, ST Aerospace will provide its specially developed conversion technology and will obtain another 20 percent of EFWs shares, thus increasing its stake in EFW to 55 percent. Subsequently, Airbus Group will become a minority partner in EFW, reducing its shareholding to 45 percent.
Source Airbus / Edited By Airline Adviser 06/29/15