Two years ago when lease rates on passenger aircraft were high, the market for Boeing 737 conversions was slow. But as rates softened, Aeronautical Engineers Inc. (AEI) in Miami, Florida saw the business for conversions for this type of aircraft pick up significantly. Today the market is strong and is predicted to stay so, through the end of the second quarter 2008. “Fuel prices clearly rocked the air cargo industry,” comments David M. McDonald, AEI vice president, Operations. … [Read more...] about Aeronautical Engineers focuses on B737s