Aircraft Orders & Deliveries
FedEx Adds First Converted ATR 72-600 Freighter to Fleet
FedEx modernizes regional cargo ops with fuel-efficient converted ATR 72-600 freighter offering 40% lower fuel use and 30% reduced CO2 emissions.

FedEx Acquires the World’s First Converted ATR 72-600 Freighter
In a significant move for the regional air cargo industry, FedEx Express has committed to purchasing the world’s first passenger-to-freighter (P2F) converted ATR 72-600 aircraft. The aircraft, originally designed for passenger service, has undergone a comprehensive conversion to meet the specific demands of freight logistics. This initiative, led by ACIA Aero Leasing and executed by Empire Aerospace, marks a strategic milestone for FedEx as it seeks to modernize its regional fleet amidst shifting market dynamics and growing e-commerce volumes.
Scheduled for delivery in December 2025, this aircraft represents FedEx’s first acquisition of a converted freighter since 2016 and its first converted ATR since 2011. The move underscores FedEx’s broader commitment to cost-efficiency, sustainability, and operational flexibility in its feeder network operations. As the largest operator of ATR freighters globally, FedEx’s adoption of this converted model could signal a wider industry shift toward P2F conversions as a viable alternative to new-build freighters.
With proprietary modifications including a large cargo door, reinforced flooring, and compatibility with standard Unit Load Devices (ULDs), the converted ATR 72-600 is tailored to the specific needs of FedEx’s regional network. This development not only enhances FedEx’s capacity but also extends the service life of existing aircraft, offering a sustainable and economical solution for short-haul cargo operations.
Technical Innovations in the ATR 72-600 Conversion
The conversion of the ATR 72-600 from a passenger aircraft to a freighter involves extensive structural and systems modifications. ACIA Aero Leasing launched this speculative program in 2024, with Empire Aerospace, a sister company of Empire Airlines, handling the physical transformation. The process, which takes between four to seven months, includes the installation of a 3.45×1.95 meter forward large cargo door, a rear flip door, and a reinforced cargo floor capable of supporting a 9.2-tonne payload.
Additional enhancements include the integration of vertical restraint nets for bulk cargo, lateral track systems for containerized freight, and Class E fireproofing for the cargo compartment. These features ensure the aircraft is compliant with regulatory requirements and optimized for FedEx’s high-frequency, short-haul operations. The aircraft is also designed to accommodate up to seven LD3 containers or five 88×108-inch pallets, aligning with industry-standard cargo handling systems.
One of the standout features of this conversion is its cold-weather capability. Modified engine bleed air systems allow for reliable performance in temperatures as low as -40°C, making the aircraft suitable for operations in extreme environments such as Alaska and Northern Canada. Updated avionics, including enhanced ground proximity warning systems and optimized weight-and-balance software, further tailor the aircraft for efficient cargo operations.
“FedEx’s selection of our converted 72-600LCD reflects their demand for next-generation regional freighters with enhanced capabilities.”, Mark Dunnachie, SVP Commercial, ACIA Aero Leasing
FedEx’s Strategic Fleet Modernization
FedEx’s decision to incorporate a converted ATR 72-600 into its fleet is part of a broader strategy to modernize and optimize its regional aircraft operations. The company currently operates the largest ATR freighter fleet in the world, consisting of 24 factory-built ATR 72-600Fs, 19 ATR 72-200s, and 16 ATR 42s. These aircraft are primarily used in feeder networks across North America and Europe, operated by regional partners such as Empire Airlines and ASL Airlines Ireland.
The converted ATR 72-600 will replace older ATR 72-200 models, which are less fuel-efficient and lack modern cargo capabilities. This transition supports FedEx’s ongoing efforts to align capacity with evolving demand patterns, particularly in the wake of the COVID-19 pandemic, which reshaped global logistics and accelerated the growth of e-commerce. The aircraft’s 900-nautical-mile range and ability to operate from short runways make it ideal for serving smaller markets that are not economically viable for larger jets.
Financially, the conversion offers significant advantages. Compared to new-build freighters, the converted ATR 72-600 costs approximately 60–70% less and extends the airframe’s service life by 15–20 years. With fuel consumption 40% lower per ton-mile than comparable regional jets, the aircraft provides an estimated $450,000 in annual fuel savings per unit, enhancing FedEx’s cost-efficiency and environmental sustainability.
The Growing Passenger-to-Freighter Market
The global market for passenger-to-freighter conversions is experiencing rapid growth, driven by increasing e-commerce demand and the retirement of aging aircraft. According to industry analysts, the P2F market is projected to reach $6.4 billion by 2032, growing at a compound annual growth rate of 11.1%. Regional turboprops like the ATR 72 are particularly well-suited for conversion due to their robust design, high-wing configuration, and operational versatility.
In North America, express carriers such as FedEx and UPS are leading the charge in fleet modernization through conversions. The ATR platform dominates the regional P2F segment, holding a 68% market share. Regulatory agencies like the FAA and EASA have also streamlined certification processes, reducing conversion timelines and making the process more cost-effective for operators.
ACIA Aero Leasing has emerged as a key player in this space, delivering multiple ATR freighters in under two years and initiating discussions with other global operators for additional conversions. The success of FedEx’s initiative could serve as a catalyst for broader adoption of ATR 72-600 conversions across the industry.
Operational Deployment and Network Impact
Once delivered, the converted ATR 72-600 is expected to be deployed in FedEx’s Memphis or Cologne hubs, serving high-density regional routes such as Memphis-Chicago or Cologne-Amsterdam. These routes benefit from the aircraft’s quick turnaround capabilities, enabled by the rear flip door and front cargo loading system, which reduce ground time to approximately 35 minutes.
The aircraft will also support peak season operations, providing additional capacity during periods of high demand without necessitating permanent fleet expansion. Secondary markets, which previously relied on truck transport, will gain access to faster air services, improving delivery times and customer satisfaction.
From an environmental perspective, the aircraft aligns with FedEx’s goal of achieving carbon neutrality by 2040. With 30% lower CO2 emissions compared to jet-powered freighters, the ATR 72-600 conversion contributes to the company’s broader sustainability objectives while maintaining operational efficiency.
Conclusion
FedEx’s acquisition of the world’s first converted ATR 72-600 freighter represents a forward-thinking approach to fleet management and regional logistics. By leveraging the cost and operational benefits of P2F conversions, FedEx is enhancing its agility in a rapidly evolving market while maintaining its leadership in regional cargo transport.
As the air cargo industry continues to adapt to new economic realities and environmental imperatives, FedEx’s strategic investment in converted aircraft could pave the way for broader adoption of similar solutions. The successful integration of this aircraft into FedEx’s network will be closely watched by industry stakeholders, potentially setting new standards for regional air freight operations.
FAQ
What is the ATR 72-600 conversion? It is a passenger aircraft modified to carry freight, including structural changes like a large cargo door and reinforced flooring.
Why did FedEx choose a converted aircraft over a new one? Converted aircraft offer significant cost savings and faster deployment compared to new-build freighters.
Who performed the conversion for FedEx? The conversion was done by Empire Aerospace, under a program initiated by ACIA Aero Leasing.
When will the aircraft be delivered? The converted ATR 72-600 is expected to be delivered by December 2025.
How does this fit into FedEx’s sustainability goals? The aircraft emits 30% less CO2 than comparable jets, supporting FedEx’s goal of carbon neutrality by 2040.
Sources
Photo Credit: FedEx
Aircraft Orders & Deliveries
Luxair Orders Boeing 737-10 Jets at Farnborough 2026
Luxair converts 737-10 options to firm orders at Farnborough 2026, reaching 12 total 737 family aircraft on order.

Luxair has expanded its narrowbody fleet commitment by converting two options for the Boeing 737-10 into firm orders and securing two additional options during the 2026 Farnborough International Airshow.
The July 21, 2026, announcement by The Boeing Company brings the Luxembourg flag carrier’s total firm order book for the 737 family to 12 aircraft. The agreement supports Luxair’s long-term fleet modernization strategy, which focuses on increasing passenger capacity while reducing the airline’s environmental footprint.
Fleet expansion and aircraft specifications
Once all deliveries are completed, Luxair’s Boeing 737 fleet will consist of eight Boeing 737-8s and four Boeing 737-10s. The airline placed its initial order for two 737-10 aircraft in 2024 and is now moving to integrate the new-generation narrowbodies into a network that serves more than 100 destinations across Europe and beyond.
Luxair has selected a 213-seat configuration for its Boeing 737-10 aircraft. The cabin will feature the Boeing Sky Interior with redesigned seats offering a 76 cm pitch. The 737-10 is the largest model in the MAX family, capable of carrying up to 230 passengers in a maximum high-density configuration, with a range of 3,100 nautical miles (5,740 km).
“This agreement represents another important milestone in the execution of our long-term fleet strategy,” said Gilles Feith, Chief Executive Officer of Luxair. “As we continue to grow, delivering an outstanding passenger experience remains at the heart of every fleet decision we make. The Boeing 737-10 provides the additional capacity, operational efficiency and flexibility we need to support future demand while maintaining the high standards of quality, comfort and service our customers expect from Luxair.”
Environmental and operational targets
The integration of the Boeing 737-10 is central to Luxair’s sustainability initiatives. Powered by CFM International LEAP-1B engines, the new aircraft deliver a 20 percent reduction in fuel use and emissions compared to the older generation aircraft they will replace. According to Boeing, each new-generation 737 saves an average of 8 million pounds of carbon dioxide emissions annually.
The operational efficiency of the new fleet is designed to support Luxair’s growth trajectory following a strong performance in 2025, during which the airline transported 2.6 million passengers.
“Both the 737-8 and 737-10 are perfectly suited across Luxair’s network, increasing capacity on to its regional routes, comfortably serving more passengers on more routes with the lowest cost per seat of any single-aisle airplane,” said Ricardo Cavero, Vice President of Europe and Israel Commercial Sales and Marketing for The Boeing Company. “With the selection of the 737-8 and 737-10, Luxair is building a more profitable and sustainable operation.”
AirPro News analysis
Luxair’s decision to convert options into firm orders at the Farnborough International Airshow signals strong confidence in the Boeing 737-10 as the cornerstone of its high-density European routes. By standardizing its future narrowbody growth around the 737-8 and 737-10, we see Luxair prioritizing fleet commonality, which traditionally lowers maintenance and crew training costs. The retention of two new purchase rights also provides the carrier with a low-risk mechanism to secure future delivery slots in a constrained global supply chain environment.
Sources: The Boeing Company
Photo Credit: Boeing
Aircraft Orders & Deliveries
Riyadh Air Orders 31 A350-1000s and 67 Boeing 787s
Riyadh Air firms up A350-1000 and 787 Dreamliner orders at Farnborough 2026, targeting 100 global destinations by 2030.

Saudi Arabian startup carrier Riyadh Air (RX) has expanded its future widebody fleet by firming up an order for six additional Airbus A350-1000 aircraft at the Farnborough International Airshow on July 20, 2026. The agreement exercises purchase rights from a 2025 commitment for up to 50 airframes, bringing the airline’s total firm backlog for the European manufacturer’s largest twin-engine jet to 31 aircraft.
In a press release issued during the airshow, Airbus confirmed the transaction and noted that Riyadh Air will become the first operator of the A350-1000 in Saudi Arabia. The acquisition aligns with the carrier’s mandate to support the national Vision 2030 strategy, which targets serving more than 100 global destinations by the end of the decade.
Expanding the Airbus widebody footprint
The Airbus A350-1000 offers a maximum non-stop range of 9,700 nautical miles (18,000 kilometers), providing the operational capability required for Riyadh Air’s planned ultra-long-haul services. Airbus states the aircraft delivers a 25 percent advantage in fuel burn, operating costs, and carbon emissions compared to previous-generation widebody aircraft.
Riyadh Air Chief Financial Officer Adam Boukadida stated that the finalized order reflects continued confidence in the airline’s growth trajectory and the broader Saudi aviation sector.
“Increasing our A350-1000 commitment to 31 aircraft strengthens the foundation of our future network and supports our ambition to serve more than 100 global destinations by 2030 while delivering a premium guest experience,” Boukadida said.
Airbus Executive Vice President of Sales for Commercial-Aircraft Benoît de Saint-Exupéry added that the commitment highlights the aircraft’s efficiency and range. He noted the A350-1000 will play a central role in positioning Saudi Arabia as a leading international aviation hub. As of the end of June 2026, Airbus had recorded 1,595 firm Orders for the A350 family from 68 customers worldwide.
Concurrent Boeing 787 Dreamliner expansion
The Airbus finalization occurred alongside a separate widebody order placed with The Boeing Company. According to reporting by Al Arabiya, Riyadh Air also confirmed an order for 28 additional Boeing 787 Dreamliner aircraft at the Farnborough event on July 20.
This separate agreement introduces the Boeing 787-10 variant to the carrier’s fleet. Following the announcement, Riyadh Air’s total firm commitment for the Dreamliner family stands at 67 aircraft.
Riyadh Air Chief Executive Officer Tony Douglas told Al Arabiya that the introduction of the 787-10 and the expanded Dreamliner backlog marks another significant milestone in the airline’s journey toward its 2030 network goals. The carrier recently opened ticket sales for its initial overseas routes as it prepares for the launch of commercial operations.
AirPro News analysis
We view Riyadh Air’s dual widebody orders at Farnborough as a clear signal of the carrier’s aggressive timeline and robust capital backing. By splitting its high-capacity, long-haul requirements between the Airbus A350-1000 and the Boeing 787-10, the airline mitigates delivery risk in an era of constrained aerospace supply chains. Securing 31 firm A350-1000s and 67 Boeing 787s provides the necessary metal to rapidly scale a global network from scratch. However, the operational complexity of inducting two distinct widebody types simultaneously will require substantial training, tooling, and maintenance infrastructure investments prior to the Launch of commercial flights.
Sources: Airbus
Photo Credit: Airbus
Aircraft Orders & Deliveries
SMBC Aviation Capital Orders 200 Aircraft at Farnborough 2026
SMBC Aviation Capital placed firm orders for 100 A320neo family and 100 Boeing 737 MAX jets at Farnborough Airshow 2026.

Aircraft lessor SMBC Aviation Capital secured a massive dual-manufacturer commitment at the Farnborough International Airshow on July 20, 2026, placing firm orders for 100 Airbus A320neo family aircraft and 100 Boeing 737 MAX jets.
The 200-aircraft acquisition guarantees the lessor a steady stream of narrowbody deliveries into the mid-2030s. This strategic move comes as the broader aviation industry continues to grapple with persistent supply-chain bottlenecks that have constrained production rates at both major airframers.
Airbus narrowbody commitments
In a press release issued during the airshow, Airbus confirmed the firm order consists of 65 Airbus A321neo and 35 Airbus A320neo aircraft. The agreement pushes the total number of direct Airbus commitments from SMBC Aviation Capital and its parent company, Sumitomo Corporation, past 900 aircraft.
Airbus Executive Vice President of Sales for Commercial Aircraft Benoît de Saint-Exupéry highlighted the long-standing relationship between the manufacturer and the lessor.
“We are honoured to stand with SMBC Aviation Capital as they place this order for additional A320neo family aircraft, the world’s most leased and most traded aircraft making it the benchmark for airlines, lessors and investors alike,” de Saint-Exupéry stated.
Boeing 737 MAX and CFM engine agreements
Concurrently, SMBC Aviation Capital announced a matching commitment with Boeing for 100 narrowbody aircraft. The lessor’s official statement detailed a split of 60 Boeing 737 MAX 10 and 40 Boeing 737 MAX 8 jets.
To power the newly ordered Airbus fleet, SMBC Aviation Capital also secured an agreement for up to 90 CFM International LEAP-1A engines.
SMBC Aviation Capital Chief Executive Officer Peter Barrett emphasized the necessity of securing long-term availability for the company’s airline clients.
“This significant new order will give our airline customers access to a continuous delivery pipeline of the latest technology A320neo family aircraft into the mid-2030s,” Barrett said.
He added that the order reflects the lessor’s confidence in the sustained demand for the A320neo family. Deliveries for the newly ordered Airbus aircraft are expected to commence in the first half of the 2030s.
AirPro News analysis
We view SMBC Aviation Capital’s balanced 200-aircraft acquisition as a direct response to the current manufacturing environment. By splitting the order evenly between the Airbus A320neo family and the Boeing 737 MAX, the lessor is effectively hedging its delivery risks. Industry reporting from the 2026 Farnborough International Airshow indicates that total dealmaking may fall short of the ambitious 800-aircraft expectations held by some analysts, largely due to ongoing production bottlenecks at both Airbus and Boeing.
In an environment where near-term delivery slots are virtually nonexistent, securing a pipeline that stretches into the mid-2030s is critical for major lessors. Airline customers are increasingly reliant on lessors to provide capacity growth and fleet renewal options when direct manufacturer orders face multi-year backlogs. The inclusion of 60 Boeing 737 MAX 10s and 65 Airbus A321neos also underscores a continued market shift toward the largest variants of both narrowbody families, maximizing seat capacity in slot-constrained airports.
Sources: Airbus
Photo Credit: Airbus
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