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

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

Icelease and Boeing have agreed on one 767-300 freighter conversion, with options for up to two additional aircraft.

FlyMarshall Newsroom1 min read

Photo: STAT Times Air Cargo

Icelease and Boeing agreed on a Boeing 767-300BCF conversion deal covering one aircraft, with options for up to two more. The planned conversion would add a 767 freighter to Icelease’s leasing portfolio.

Key details

  • The first aircraft is scheduled to enter conversion in Q1 2027, with delivery expected in Q2 2027.
  • Boeing is expected to carry out the conversion at ST Engineering’s airframe maintenance facilities in Singapore.
  • IAT Leasing’s managed cargo portfolio includes seven Boeing 737-800BCFs and other freighters leased to customers.

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

Why it matters

The agreement gives Icelease a path to add widebody freighter capacity to its leasing offering, alongside the Boeing 737-800BCFs and other cargo aircraft in IAT Leasing’s managed portfolio.

What happens next

The first conversion is scheduled to move into the Singapore facility in 2027, with delivery planned for the second quarter. Which routes could benefit from another 767 freighter entering the leasing market?

Discuss in ThreadsCargo

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