Market Share of Asia-Pacific Freighter Aircraft Industry
The Asia Pacific freighter aircraft market is semi-consolidated in nature, with several local and global players holding significant shares. Some of the key players in the market are Airbus SE, ATR, The Boeing Company, Singapore Technologies Engineering Ltd., and Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO). The Boeing Company, Airbus SE, and ATR provide OEM-built freighter aircraft. With regional airlines converting a part of their fleet to the freighter configuration, new freighter aftermarket players are entering the mainstream market.
For instance, in May 2023, Japan Airlines (JAL) announced that it would pluck three Boeing B767-300ER jets from its passenger fleet and send them to an airframe overhaul facility for conversion into pure freighters capable of carrying large containers on the main deck. These are scheduled to become operational at the end of fiscal 2023.
Asia Pacific Freighter Aircraft Market Leaders
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Airbus SE
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ATR
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The Boeing Company
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Singapore Technologies Engineering Ltd.
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Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO)
*Disclaimer: Major Players sorted in no particular order
