Driven by strong near and long-term express cargo demand, Aircraft Finance Germany (AFG) is purchasing two B737-800 Boeing Converted Freighters (BCF).
Based on the Boeing Next-Generation B737NG, the B737-800BCF offers operators newer technology, lower fuel consumption and better reliability than other standard-body freighters, according to the US aircraft maker.
Primarily used to carry express cargo on domestic or short haul routes, the aircraft is capable of carrying up to 23.9 tonnes and flying up to 2,000 nautical miles (3,750 km).
“We are always looking for the best way to invest and deploy aircraft that support our customers,” says Peter Koster, AFG’s head of Freighter Trading. “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.”
First delivered in 2018, the B737-800BCF is now operated by 10 customers across four continents. Boeing has ramped up production in response to increased demand with 132 orders. To date, the company has delivered 34 B737-800BCFs.
“Aircraft Finance Germany is known for creating bespoke solutions that allow their customers to win in a dynamic market,” says Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing. “We are pleased that they are investing in the 737-800BCF,” he adds.
The Boeing freighter family, which includes production and converted freighter options, provides more than 90 per cent of the world’s freighter capacity.
A global aircraft trading firm, AFG provides turn-key solutions for its investor base and has developed strategic partnerships with manufacturers, operators and financial institutions world-wide. AFG’s core competencies include aircraft acquisition and sales, structuring of long-term aircraft leases and financing, and aircraft ownership & asset management services.