Full-Life Engine Prices Nearly Doubled To $13 Million But Are Keeping Old Freighters In The Air

Maintenance costs for older cargo aircraft, particularly Boeing’s 747F and 767F models, have experienced a dramatic increase, nearly doubling to approximately $13 million per engine. This surge is primarily driven by the heightened demand for these aircraft within the rapidly expanding e-commerce sector. Airlines are utilizing these aging freighters to meet increased shipping volumes, necessitating extensive repairs and overhauls. These efforts contribute significantly to operational expenses as airlines grapple with rising fuel prices and labor shortages. Consequently, many operators are extending the lifespan of their existing fleets rather than investing in newer, more efficient aircraft.