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