Consortium to convert freighters
Airbus Freighter Conversion (AFC), the joint venture established in March 2007 by EADS EFW, Airbus, United Aircraft Corporation and Irkut, yesterday signed

Airbus Freighter Conversion (AFC), the joint venture established in March 2007 by EADS EFW, Airbus, United Aircraft Corporation and Irkut, yesterday signed a firm contract to convert 30 Airbus A320s and A321s into freighters for Netherlands-based lessor AerCap.

AFC’s CEO, Lars Becker, said the value of the program totals $135 to $140 million and he expects all 30 to be converted in Dresden, where EADS EFW has converted A300s and A310s since the early 1990s. The contract calls for deliveries to start in 2012. The companies expect to finish all 30 airframes within three years.

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