31 July 2020: In an attempt to expand into the P2F market, GA Telesis (GAT) and Aeronautical Engineers (AEI) have signed a contract to convert the 737-800 passenger aircraft to a freighter configuration with an option for a second aircraft. The first conversion of a 737-800 will start this month at the authorized AEI Conversion Centre, Commercial Jet, in Miami and is expected to be completed by the end of this year. If exercised, conversion of the option aircraft will follow in early 2021 for May completion
“We are excited to continue the growth of our leasing business in the air cargo market by launching our freighter conversion strategy with these 737-800 aircraft. We are increasing our focus on the air cargo sector and plan to devote substantial resources and significant investment in this growing segment of commercial aviation,” said Marc Cho, President of GA Telesis’ Leasing Investment Financing & Trading (LIFT) Group.
“The B737-800 SF will dominate the narrowbody freighter segment of the market for at least the next 30-plus years,” said Robert T. Convey, AEI Senior Vice President of Sales & Marketing. “We are pleased to add GA Telesis to our ever-expanding list of new B737-800 SF customers.”
