BBAM orders 6 more 737-800BCF
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Lessor extends the life of its Next-Generation 737s to meet growing
demand in e-commerce and express cargo market
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Agreement brings total 737-800BCF orders and commitments to more than
150
Aviation Updates Philippines – Boeing and BBAM Limited Partnership today announced the
lessor is expanding its 737-800 Boeing Converted Freighter fleet with six firm
orders and six options. The agreement brings BBAM’s 737-800BCF orders and
commitments to 15 and highlights the continued strength of the e-commerce and
express cargo market.
“As we look ahead to expanding our cargo fleet, the 737-800 Boeing Converted
Freighter provides the performance and efficiency our customers need,” said
Steve Zissis, CEO of BBAM. “Adding these highly capable freighters to 276
Boeing airplanes in our managed fleet helps to further strengthen our
leadership position in the marketplace.”
Based on the popular Next-Generation 737, the 737-800BCF is meeting customer
demand for a newer-generation freighter that offers higher reliability and
lower fuel consumption and operating costs per trip compared to other standard
body freighters. Primarily used to carry express cargo on domestic or
short-haul routes, the airplane is capable of carrying up to 23.9 tonnes
(52,800 pounds) and flying up to 2,025 nautical miles (3,750 kilometers).
Since entering service in 2018, the 737-800BCF has won more than 150 orders
and commitments.
“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 portfolio,” said Ihssane Mounir, Boeing’s senior vice
president of Commercial Sales and Marketing. “The continued strong demand for
the 737-800BCF demonstrates the critical role these converted freighters play
in the growing express and e-commerce market.”
BBAM is the world's largest dedicated manager of investments in leased
commercial jet aircraft, providing over 200 airline customers in more than 50
countries with fleet and financing solutions over the last three decades. BBAM
is the only manager in the aircraft leasing industry focused exclusively on
generating investment returns for third-party investors. BBAM currently has
more than $28 billion of assets under management and employs over 150
professionals at its headquarters in San Francisco and in additional offices
in Tokyo, Singapore, Zurich, Dublin and Santiago. For more information about
BBAM, please visit its website at www.bbam.com.
Boeing is the world's largest aerospace company and leading provider of
commercial airplanes, defense, space and security systems, and global
services. As a top U.S. exporter, the company supports commercial and
government customers in more than 150 countries and leverages the talents of a
global supplier base. Building on a legacy of aerospace leadership, Boeing
continues to lead in technology and innovation, deliver for its customers and
invest in its people and future growth.
Press release from Boeing Mediaroom
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