Freight BBAM purchases up to 12 Boeing 737-800 Converted Freighters

Lessor BBAM has ordered up to 12 737-800 Boeing Converted Freighters.

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Aircraft manufacturer Boeing has announced a new order for its 737-800 Boeing Converted Freighter (BCF) programme. BBAM Limited Partnership has signed a purchase agreement with Boeing for six aircraft. Additionally, BBAM holds options to purchase six additional aircraft.

With the agreement, BBAM underlines its ambitions to grow its leasing activities. Now, the company has signed for 15 orders or commitments. Especially in times of COVID-19, the demand for freighter aircraft has gone through the roof.

Steve Zissis, CEO of BBAM commented: “As we look ahead to expanding our cargo fleet, the 737-800 Boeing Converted Freighter provides the performance and efficiency our customers need […] Adding these highly capable freighters to 276 Boeing airplanes in our managed fleet helps to further strengthen our leadership position in the marketplace.”

Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing, added: “BBAM is one of the industry’s leading full-service leasing companies and has built their reputation on smart investments. We are honored that BBAM has selected more 737-800BCFs, based on the success of our standard body freighters in their […] The continued strong demand for the 737-800BCF demonstrates the critical role these converted freighters play in the growing express and e-commerce market.”

Boeing´s 737-800BCF is based on the popular next-generation aircraft and combines customer demand with a more modern and therefore more reliable and environmentally friendly operationality.

The aircraft is primarily used by airlines for regional or short-haul cargo operations. Since its introduction to the market, Boeing has won more than 150 orders and commitments from companies around the globe.

The 737-800BCF is capable of carrying up to 23.9 tons (52,800 pounds) and flying up to 2,025 nautical miles (3,750 kilometers). Compared to older aircraft in the freighter industry, the 737-800BCF offers a lower fuel consumption and better operational costs per trip.

BBAM is a company that has specialized its operations on leasing commercial jet aircraft. Currently, the company is serving over 200 airline customers in more than 50 countries with fleet and financing solutions.

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