Cargo aircraft missing from Paris Air Show dealmaking

News Snapshot:

Boeing and Airbus have used the Paris Air Show this week to highlight customer orders for new aircraft, but there is little activity on the freighter front so far. On Tuesday, Boeing announced the first cargo-related deal with African carrier Air Algérie, although it involves aftermarket conversion of passenger aircraft and not production of new aircraft. The flag carrier of Algeria placed a firm order with Boeing (NYSE: BA) for eight 737-9 MAX passenger jets and tentatively agreed to place two used 737-800 passenger jets in the freighter conversion program. The converted freighters essentially represent the start of a dedicated...