| Boeing announced it is now offering a 777 | | | | and new more efficient aircraft come onto the |
| Airliner in a Cargo Configuration. This will | | | | scene. Recently we saw another merger and |
| make it the largest twin-engine cargo plane | | | | pending lay-offs with US Air and America |
| in the world. Since the Boeing 777 is has one | | | | West. We see Delta is struggling and the |
| of the best fuel efficiency ratings and range | | | | other large carriers are indeed under severe |
| it makes it an ideal aircraft for air-cargo | | | | stress.I predict that 66% of the growth will |
| companies. The 777 Freighter is capable of | | | | come from conversion of current passenger |
| flying 4,965 miles at full payload. The 777 | | | | aircraft while there will be 33% new aircraft |
| maximum takeoff weight is 766,000 lbs. and | | | | which do not require pilots at all. Flying |
| can carry 229,000 pounds of cargo. These are | | | | freight around the world. This will mean a |
| incredible stats and it insures Boeing many | | | | market of over 170 Billion in retrofits and |
| more orders to come. Boeings future in | | | | new aircraft for people like Pimco and Timco |
| commercial aviation will be largely a matter | | | | and others. If you look at these numbers you |
| of air cargo demands in the years to | | | | can see a future for laid off aerospace |
| come.When one studies the future of world | | | | workers from Everette, Wichita, Dayton, Long |
| markets, they see a very nice future for | | | | Beach and other locations. With these aging |
| air-freight. By 2025 we will most likely see | | | | aerospace workers it will most likely mean a |
| an 85% increase and that will mean converting | | | | need for newer entrants into that labor |
| older aircraft and retrofitting them. Many | | | | force. I would also say that 40% of such |
| older Boeing 747 aircraft are being | | | | growth would be to service North America and |
| retrofitted now. And it will mean good things | | | | her growing middle class as they partake in |
| for both Boeing and Airbus. The Boeing | | | | products from world markets. With this |
| Company said the 777 Freighter will | | | | increase we could expect the current 1700 |
| accommodate the same 10-foot high pallets as | | | | plus air freight fleet to grow to over 3200 |
| the 747-400 freighter. I expect many current | | | | by 2025. Although these are long-term |
| aircraft flying passengers and taken out of | | | | predictions they do account for normal cycles |
| capacity as this current sector rotation | | | | such as 15-year cycles or 2-3 year economic |
| rounds out (fuel prices will increase that) | | | | cycles. |