Why Converting Passenger Planes To Cargo Jets Costs Millions

41,549 views Jun 6, 2023 #CNBC
With the demand for converting retired passenger planes into cargo haulers surging, this lucrative trend allows these older jets to serve a new mission, transporting goods ranging from produce to pharmaceuticals worldwide. Despite the high cost of over $30 million per plane, the business of converting planes remains in high demand, with conversion slots sold out for several years.