Airbus stops A320 freighter conversion programme
Airbus, EADS EFW and their Russian partners, United Aircraft Corporation (UAC) and Irrkut, have jointly decided to stop the A320/A321 Passenger to Freighter (P2F) conversion development programme for economic reasons.
Recent market developments, including the success of the upcoming A320neo, have resulted in more demand for A320 passenger aircraft and less for freighter versions in this aircraft category. In addition, strongly growing passenger traffic results in high demand for used A320 Family aircraft, thus reducing the amount of aircraft available for conversion, an Airbus statement said.
The joint venture “Airbus Freighter Conversion GmbH (AFC)” will be dissolve. It was established between EADS EFW, Airbus and the Russian companies UAC, IRKUT, in April 2007. Headquartered in Dresden, Germany, AFC was equally divided between Russia (UAC and IRKUT with 25% each) and EADS/Airbus (EADS EFW 32%, Airbus 18%).
Irkut and Airbus will continue their partnership in components manufacturing for the Single Aisle programme.