Boeing to open three new freighter conversion lines; takes order for 11 737-800BCF

Boeing has made this announcement from Dubai:

As global demand for freighters continues to soar, Boeing has announced plans to add three conversion lines for the market-leading 737-800BCF across North America and Europe. The company also signed a firm order with Icelease for eleven of the freighters as the launch customer for one of the new conversion lines.

In 2022, the company will open one conversion line at Boeing’s London Gatwick Maintenance, Repair & Overhaul (MRO) facility, its state-of-the-art hangar in the United Kingdom; and two conversion lines in 2023 at KF Aerospace MRO in Kelowna, British Columbia, Canada.

For Icelease, which recently expanded its cooperation with Corrum Capital through a joint venture called Carolus Cargo Leasing, the order for eleven 737-800BCF will be their first converted freighter order with Boeing. The lessor will be the launch customer for conversions at Boeing’s London Gatwick MRO facility.

(Photo credit: Boeing)

Earlier this year, Boeing announced it would create additional 737-800BCF conversion capacity at several sites, including a third conversion line at Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO), and two conversion lines in 2022 with a new supplier, Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Costa Rica. Once the new lines become active, Boeing will have conversion sites in North AmericaAsia and Europe.

Boeing forecasts 1,720 freighter conversions will be needed over the next 20 years to meet demand. Of those, 1,200 will be standard-body conversions, with nearly 20% of that demand coming from European carriers, and 30% coming from North America and Latin America.