Independent MRO company Caerdav is moving into the cargo conversion market.

Caerdav cited the continuing uncertainty in the passenger sector and the rising number of aircraft primed and ready for the conversion market as the reasoning behind the decision.

Company chairman Bruce Dickinson said the move also underlined Caerdav’s ambitious plans for growth.

“In addition to our own world-class MRO facility, we have access to a huge pool of local, experienced engineering talent – making the move into cargo conversions the next logical step for the business,” he commented.

“With an ability to offer end-of-lease, C-checks and other Part-145 maintenance work, Caerdav will become a ‘one stop shop’ for all aspects of the industry. It’s a very exciting proposition.”

Caerdav chairman – and Iron Maiden singer – Bruce Dickinson explains how the company might offer conversions at the ‘Speed of Light’

Caerdav noted OEM predictions for increased freighter demand and the long-term revenue potential. In its most recent update, Boeing forecast a need for 930 production freighters and 1,500 passenger-to-freighter conversions in the next 20 years.

Caerdav’s Group CEO Joachim Jones said: “Caerdav is an ambitious company that is always looking forward, and cargo conversions are an achievable, viable and profitable string to add to our bow.

“We’re proud to continue to play such an important role in the UK aviation industry, and as we expand into this new venture it will be rewarding to create more local jobs and opportunities.”

Caerdav is now actively seeking airlines, leasing companies, cargo carriers and STC holders to work with the company as part of this new endeavour.