Boeing and BBAM have announced that 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.
Based on the 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. Primarily used to carry express cargo on domestic or short-haul routes, the airplane is capable of carrying up to 23.9 tons (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 currently has more than US$28 billion of assets under management and employs over 150 professionals at its U.S. headquarters in San Francisco, and in additional offices in Tokyo, Singapore, Zurich, Dublin and Santiago.
