Skip to Content
AP National Business

Pandemic legacy: Israeli company transforms jets for cargo

KVIA
By
Published 11:14 PM

By LAURIE KELLMAN
Associated Press

LOD, Israel (AP) — As the airline industry struggles, Israel’s state-owned aerospace company is flying high. Israel Aerospace Industries is cashing in on the growth of e-commerce by converting grounded passenger planes into cargo jets for global giants like Amazon and DHL. Analysts say the work lines up with pandemic-driven trends that have caused consumer spending to skyrocket in the face of rising inflation. Tangles in the supply line and soaring shipping prices make converting a passenger plane to a cargo plane as much as five times cheaper than buying a new jet. IAI and analysts say the demand for cargo conversions is up and is expected to stay that way for years. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content