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Future for 747 Freighters?

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Old 19th May 2008, 02:35
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Future for 747 Freighters?

Time to bail out?

High fuel price.
Less demand.
Concerns over environmental issues.

Will we see 100+ 747 a week cross the pacific in the future? I doubt it.

Am I too pessimistic or is it a good time to get a 777 rating? (Read: head for the sandpit)
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Old 19th May 2008, 12:56
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MMMMnnnnn yep you could be right 400 although a 400 to me is state of the art!!!

goma
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Old 19th May 2008, 16:30
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The price of fuel is all relative. Have you stopped driving your car yet? Have women stopped buying flowers that are air shipped across oceans? Imagine: 125 tons of roses airlifted from Santa Fe De Bogota to Amsterdam and beyond; and Dutch tulips shipped to New York and to Shanghai . . . 125 tons of perishables that will be in tomorrow's trash can. The point is that people don't stop driving and buying [and living] just because the price of fuel goes up.

To get boxes and people across oceans it's either by airplane or by boat. As an entrepreneur: What are you going to do? Buy a brand new B777F for $160+ million, or instead buy three converted -400Fs for $50 million each, that have more volume and can carry 20 tons more? Most of the -400 pax airframes will be converted because it's economic reality. Spend some time at HKG cargo apron and convince yourself that the 744Fs will be around for the next 10+ years. [Save this message and re-read it in 2018].
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Old 19th May 2008, 19:14
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Glueball

I want the T-shirt
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Old 20th May 2008, 13:50
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Very witty post Glueball....
Since you sound like a wise man... what do you think about the Jade Cargo deal?
JJ
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Old 20th May 2008, 18:52
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Hold your nerve "Expat 400" - bulk air freight is here for the foreseeable future (fossil fuels permitting) at least. Customers will not look to 'yesteryear' as the way for the future, so air freight may suffer a blip, but will come back stronger. As for the "sand-pit" - what goes up usually comes down harder. If you are considering it as a career move to get a B777 rating and move on - where might the grass be finally at its' greenest? Have a Tiger-or-two, while you deliberate!
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Old 20th May 2008, 21:41
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Thumbs up

Glueball

Well said Coul not disagree any further!!

Safe flying!
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Old 21st May 2008, 04:43
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The price of fuel is all relative. Have you stopped driving your car yet? Have women stopped buying flowers that are air shipped across oceans? Imagine: 125 tons of roses airlifted from Santa Fe De Bogota to Amsterdam and beyond; and Dutch tulips shipped to New York and to Shanghai . . . 125 tons of perishables that will be in tomorrow's trash can. The point is that people don't stop driving and buying [and living] just because the price of fuel goes up.

To get boxes and people across oceans it's either by airplane or by boat. As an entrepreneur: What are you going to do? Buy a brand new B777F for $160+ million, or instead buy three converted -400Fs for $50 million each, that have more volume and can carry 20 tons more? Most of the -400 pax airframes will be converted because it's economic reality. Spend some time at HKG cargo apron and convince yourself that the 744Fs will be around for the next 10+ years. [Save this message and re-read it in 2018].



Sorry, if a 744F is 3 times cheaper than a brand new 777F is irrelevant, but the main problem is the higher daily operating costs to fly those 4-engine airplanes. Well, operators can buy a bunch of cheap 747, but I don’t know how they can put those airplanes in the sky under a bearable cost.
We have a real situation today and nobody can say what will happen within the next 24 hours. Therefore, it's been unpredictable what one can expect in terms of cargo service for those freighter carriers with a fleet of airplanes that easily eat more than 10 tons/hour of fuel, and remember: because of the oil price all ground logistic will go up as well. I’ve been thinking about how those operators will attain a balance between their costs and services ... maybe, who knows, they need to look for 744F that can carry much more than 125 tons of roses and tulips to justify its operation.
[re-read and update this message after every CNN news]
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Old 25th May 2008, 12:01
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Sorry to disappoint you but the bloody freighters are gonna be there for a much longer time than you'd expect because it's not about the cheapest rates as in pax flying it's about availability for stuff that pays big time.
The moment the belly freight opportunity bails out rates are going up up up and they are not the leftover old sh.. a/c they used to be in the 70's. Freight
is there the pax are the fluctuating non predictable low payers those days.
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Old 25th May 2008, 14:54
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Disappoint me?

Quite the opposite my friend. Let's hope you're right! No one's happier than I if I'm wrong.
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