Boeing to deliver two 737-800BCFs to AFG

Boeing has signed an agreement with plane trader Aircraft Finance Germany (AFG) to modify and deliver two 737-800 Boeing converted freighters (BCF).

First delivered in 2018, the 737-800BCF is now operated by 10 customers in four continents. Boeing has since ramped up production in response to increased demand with 132 orders. To date, the company has delivered 34 737-800BCFs.

In a statement, Boeing said: “The 737-800BCF offers operators newer technology, lower fuel consumption and better reliability than other standard-body freighters”.

The company added that the aircraft, which is capable of carrying up to 23.9 tonnes and flying up to 2,000 nautical miles (3,750 km), is primarily used to carry express cargo on domestic or short haul routes.

Peter Koster, AFG’s head of freighter trading, commented: “We are always looking for the best way to invest and deploy aircraft that support our customers. The 737-800BCF gives us the opportunity to serve a growing market with a workhorse that can reliably and efficiently fit into most operators’ fleets.”

Ihssane Mounir, senior vice president of commercial sales and marketing at Boeing, added: “Aircraft Finance Germany is known for creating bespoke solutions that allow their customers to win in a dynamic market. We are pleased that they are investing in the 737-800BCF.

“The 737-800BCF capitalises on the next-generation 737’s efficiency and unmatched reliability and the converted freighter program is a great way to extend the life of the platform.”

AFG provides turnkey solutions for its investor base. Its competencies include aircraft acquisition and sales, the structuring of long-term aircraft leases and financing, and aircraft ownership and asset management services.

The company said in a statement: “AFG is proud to embark on its first passenger to freighter conversion in cooperation with Boeing”.