Aircraft lessor BBAM is growing their 737-800 Boeing Converted Freighter (BCF) fleet with a firm order for nine additional aircraft. The new agreement expands BBAM’s 737-800BCF orders to 40, as strong demand for the single-aisle freighter continues.
On Tuesday (July 19, 2022), from the 2022 Farnborough International Airshow, Boeing announced that aircraft lessor BBAM Limited Partnership (BBAM) has placed a firm order for nine additional 737-800 Boeing Converted Freighters (BCF). The incremental order expands BBAM’s 737-800BCF orders to 40 aircraft, as demand for the single-aisle freighter continues. Additionally, BBAM will be the first customer to take delivery of a 737-800BCF at a new conversion line set to open at KF Aerospace, an MRO provider in Kelowna, British Columbia. As announced last year, KF Aerospace will open two 737-800BCF conversion lines from 2023. BBAM also holds conversion sots at other Boeing MRO providers, including Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Costa Rica, and Boeing Shanghai Aviation Services (BSAS).
In today’s announcment, BBAM’s Senior Vice President and Head of Freighter Programs, John Lynch, said,
“We continue to extend the life of the 737-800s in our fleet and support strong demand from our customers by further growing our 737-800BCF order book. By taking conversion slots at KF Aerospace in Canada, we are delighted to leverage Boeing’s global network of conversion lines to offer our customers convenience and flexibility by being where they need us to be.”
Also commenting on the new BCF order, Boeing’s Vice President – Commercial Modifications, Engineering & Specialty Products Business, Kate Schaefer, said,
“Our partnership with BBAM on the 737-800BCF began with an order for three conversions in 2020, and after a series of incremental orders, BBAM is now one of the largest customers for the 737-800BCF with orders for 40 of the type. We are honored by BBAM’s continued trust in Boeing and are pleased to offer high-quality and reliable conversion capacity across a global network of MRO suppliers, where our customers need it most.”
Boeing’s 737-800BCF is the leader in the standard body freighter market with over 250 orders and commitments from over 20 customers to date, and has completed over 90 deliveries. Compared to Boeing 737 Classic Freighters, the 737-800BCF carries more payload, up to 23.9 tonnes (52,800 lbs.), and offers an improved range of 2,025 nautical miles (3,750 km).
BBAM is one of the largest managers of investments in leased commercial jet aircraft in the world, with over 450 aircraft under management. The company serves more than 200 airline customers in over 50 countries with fleet and financing solutions. For over 30 years, BBAM has focused exclusively on generating returns for third-party investors and currently has over $28 billion of assets under management. Headquartered in San Francisco, BBAM employs more than 140 professionals and maintains offices in New York, Dallas, London, Tokyo, Singapore, Zurich, Dublin and Santiago.
Source(s): Boeing / PRNewswire, BBAM
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