Page 18 - AAA SEPTEMBER-OCTOBER 2021 Online Magazine
P. 18

as it provides a smaller investment than pur-  Engineering start initial discussions on the new
        chasing new aircraft and is a sounder solution   facility?
        to the market growth. Therefore, I believe cargo
        conversions will have a respectable place close   We began discussions immediately following the signing of the
        to OEM production freighters and will be an   Abraham Accords, which opened a door to the Gulf market and
        asset to the industry as market demand grows.  gave us an opportunity to reach new partners like Etihad.

        Can you provide an update on the             How much potential do you see in the Middle Eastern
        B777 freighter conversion program?            market, and not just in the P2F conversion arena?
        What has the market response been            Is the company currently in discussions with any
        like for the project?                        other company in the Gulf region for a potential

                                                     partnership?
        In partnership with GECAS, IAI is working on
        the first B777-300ER conversion in the world
        and has begun the first structural modification   We consider the MRO market in the Middle East to have very high
        of the aircraft in Israel. There is rising demand in   potential for partnership with IAI, due to our unique and leading
        cargo configuration for this model globally, and   conversion capabilities. As a general strategy, IAI is always looking
        as such, we are working on establishing new   for potential new partnerships, and are in dialog with a number of
        conversion lines for the B777-300. We have   airlines.
        recently announced our partnership with Etihad
        Engineering in Abu Dhabi to convert this model   Earlier this year, the company announced plans to
        and look forward to expanding the project to  open a new B777 freighter conversion line at Incheon
        other locations around the world. We expect  International Airport in South Korea.  You also have
        to begin the first conversion in April 2023 at   two conversion sites for Boeing 737 narrow-bodies
        our Boeing 777-300ER conversion center in    in China. With the Asia Pacific region being one of
        Abu Dhabi.
                                                     the strongest drivers of air cargo demand, do you
                                                     plan to open more conversion facilities in the region?
        How long after the signing of the

        Abraham Accords did IAI and Etihad  IAI has vast experience, spanning over forty years, in adjusting


         18 | September/October 2021                                               WWW .GBP .COM.SG/ AAA
   13   14   15   16   17   18   19   20   21   22   23