Boeing and Icelease Agree to One 767-300BCF Conversion, With Options for Two More

Boeing and Icelease agreed to a 767-300BCF freighter conversion order covering one aircraft, with options for two additional conversions. The reported agreement was signed at the Cargo Facts Symposium on October 22, 2026.

Key details

• Boeing is scheduled to carry out the conversion work at ST Engineering airframe maintenance, repair and overhaul facilities in Singapore.
• The first aircraft is scheduled for induction in the first quarter of 2027, with delivery expected in the second quarter.
• The converted aircraft is intended for the cargo portfolio managed by Dublin-based IAT Leasing, Icelease’s sister company.
• IAT Leasing’s managed cargo portfolio includes seven Boeing 737-800BCFs and other freighters leased to customers.
• Icelease’s reported portfolio comprises about 40 passenger and cargo aircraft, including narrowbody and widebody types.

The first 767-300BCF conversion is scheduled to begin in the first quarter of 2027.

Why it matters

The order would add a Boeing widebody freighter type to IAT Leasing’s managed cargo portfolio, which already includes 737-800BCFs. Singapore’s role in the planned conversion work also places the project at ST Engineering’s MRO facilities.