Demand for 777-300ER P2F soars amid feedstock shortage

IBA, the aviation market intelligence and advisory firm, has reported a sharp rise in demand for Boeing 777-300ER passenger-to-freighter (P2F) conversions. This surge is being driven by a growing need for large wide-body freighter capacity and the looming end of Boeing 777F production in 2027, following ICAO emissions mandates. However, despite heightened interest from airlines and leasing companies, a critical shortage of feedstock is slowing the pace of conversion.
Operators are retaining their 777-300ER fleets longer due to high passenger demand and elevated residual values. Some carriers have even initiated unplanned cabin refurbishments, suggesting an extended lifespan for these aircraft in passenger service. As a result, the availability of suitable aircraft for conversion remains limited, placing upward pressure on acquisition and conversion costs.

IBA estimates that converting a 777-300ERSF in half-life condition costs between US$75