Genesis, the Dublin based aircraft leasing company, has entered into an agreement with Boeing to convert two 737-800 aircraft into freighters. The first 737-800 Boeing Converted Freighter (BCF) will be completed and ready to enter into service in spring 2022 with a second aircraft ready to enter operations in early 2023.
This move will allow Genesis to take advantage of the rapidly expanding global e-commerce market and in doing so will enhance the value and extend the life of its 737-800 fleet.
Welcoming confirmation of the deal, Karl Griffin, CEO of Genesis said, “This new partnership with Boeing will enable Genesis to convert B737-800 aircraft by leveraging our existing portfolio in order to provide solutions to our expanding customer base and serve the growing eCommerce market well into the next decade.”
