30 May 2025

P2F Conversions: Unlocking Value in an Expanding Cargo Market

Why This Whitepaper Is Essential

Passenger-to-Freighter (P2F) conversions have moved from tactical necessity to strategic imperative. With the global e-commerce boom, limited OEM freighter supply, and increasing pressure for ESG-aligned asset strategies, the P2F market is primed for accelerated growth.

Crafted by Acumen Aviation, this whitepaper explores how P2F conversions are transforming fleet economics and reshaping cargo strategies for lessors, investors, and operators worldwide. Grounded in data and supported by real-world trends, it offers actionable insights into one of aviation’s most dynamic opportunities.

What You’ll Learn

Global P2F Demand Drivers

Understand the long-term trends fuelling conversions—from e-commerce growth to freighter shortages and regional logistics expansion.

Aircraft Type Economics

Compare narrowbody and widebody P2F economics, from conversion costs to payload benefits and lease premiums.

Investment Strategies and ROI

Evaluate financial models, SPV structures, and secondary market positioning for maximising returns.

Operational and Regulatory Considerations

Explore the MRO, STC, and infrastructure readiness factors essential for successful P2F implementation.

Environmental and Digital Transformation Impacts

Learn how conversions align with ESG goals, circular economy principles, and data-led fleet management.

Who Should Read This

• Aircraft lessors and SPV managers

• Aviation investment professionals

• Fleet and asset managers at airlines

• MRO and cargo infrastructure planners

• Digital aviation platform strategists

About Acumen Aviation

Founded in 2009 and headquartered in Dublin, Acumen Aviation is a leading provider of aviation consultancy, advisory, and asset management services. With strategic offices in India, China, and the USA and over 300 years of combined team experience, Acumen delivers data-backed solutions through platforms like SPARTA, helping clients navigate the future of aviation with confidence.

Move Cargo. Move Smarter.

Download your complimentary copy of P2F Conversions: Unlocking Value in an Expanding Cargo Market and discover the strategies redefining aviation asset utility.

Contact Us

Have questions? Reach out to our team at connect@acumen.aero or explore more at www.acumen.aero