The Latin American airline will grow its cargo fleet substantially within the coming three years by transfiguring as many as 8 Boeing 767-300 Extended Range passenger aircraft into freighters. The conversions, done by the aircraft’s producer Boeing, will be accomplished in two steps.
In phase one, taking until 2022, four aircraft will be changed from pax to cargo. Once the first phase is completed, LATAM Cargo’s fleet would comprise a total of 15 Boeing converted 767-300
freighters (BCF). Upon completion of that phase, LATAM’s cargo operators’ fleet would reach a total of 15 Boeing 767-300ER freighters. The second phase includes four conversion options with
Boeing that would allow aircraft to be added between 2022 and 2023. If all options are executed LATAM would operate a total of 19 767-300ER freighters.
It is followed by phase 2 with another four units to be turned into freighters. Provided, the options are executed according to plan, LATAM would operate a total of 19 767-300ER freighters by
2023, corresponding a capacity leap of up to 80% compared to the carrier’s current uplift capabilities.

Flower power
The fleet growth will allow LATAM Cargo to reinforce its operations between North and South America and up the number of European flights. Another advantage is that LATAM Cargo will be able to up
its activities in the sub-continent’s key flower markets of Ecuador and Colombia, capturing a larger portion of the business.
The intended fleet expansion which is scheduled to be accomplished within the next 30 months provides forwarding agents and shippers with more capacity and network options. How much LATAM Cargo
has to pay for the conversion, the management does not reveal. In a release, Roberto Alvo, CEO of LATAM Airlines Group, only speaks of “an investment,” which, “together with the
significant cost efficiencies that we have generated during the Chapter 11 process, puts us closer to achieving our aspiration of being the best alternative for cargo customers.”
Benefitting from uniform cargo fleet
Andrés Bianchi, LATAM Cargo’s CEO, highlights the advantages of the Boeing 767-300ER freighter. “Combining the passenger belly operations of LATAM Airlines Group with Boeing 767-300ER
freighters efficiently strengthens our customer value proposition. These conversions will allow our affiliates to expand their network in domestic markets where e-commerce is rapidly generating
an increase in air cargo traffic."
In summary the executive says that growing with Boeing 767-300BCFs is extremely efficient. “It is the optimal aircraft for all these undertakings and we can take advantage of the benefit of
operating a single fleet type.”
Heiner Siegmund
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Rayhan ahmed (Monday, 01 March 2021 19:58)
These P2F 767 conversion’s must
Be costing LATAM a arm and a leg
These P2F’s are not cheap adding
a large cargo door and strengthing
Up the cargo hold floor etc .
Air Canada is also doing the same
Venture on there B767’s which ramp
Handled and are in poor condition with
The some I have seen ,American
Airlines who I have also ramp handled
And who have better maintained B767s
And B777s have not done any P2F
Conversions . TAM was another airline
I ramp handled at Heathrow B777-300
Which eventually bacame LATAM.
Heiner Siegmund (Tuesday, 02 March 2021 10:26)
Rayhan
Just like you, we were interested in the price of the conversions. Here are our questions and the answers delivered by spokesperson Maria Teresa Escobar of LATAM Cargo:
How many B767Fs does LATAM Cargo operate today? "We have 11 freighters: 8 are B767-300F and 3 are B767-300BCF"
What’s the price for the P2F conversion of a single B767? "It is confidential"
What are the total costs of the 8 intended conversions? "It is confidential"
"It would be the most significant expansion of the LATAM freighter fleet in history. The plan had been worked out prior to the pandemic and it is now mature enough to be communicated."
Rayhan ahmed (Tuesday, 02 March 2021 13:03)
Heiner
Thank you for your feed back .
Why does not ms Maria Teresa
Escobar want to declare the total
Price of the B767 P2F conversion??
It can’t be that confidential.
As you know a B777 P2F costs about
54 million now you can take away the
4 million and you will find the total
Cost for a B767 P2F.
Heiner Siegmund (Tuesday, 02 March 2021 15:32)
Rayhan
We have to respect LATAM Cargo's policy not to reveal the costs of the B767 P2F conversation.
A reason might be the Chapter 11 process in the U.S. - but just guessing.
Cheers, H