AEI signs 737NG licensing agreement with Boeing

US-based conversion specialist Aeronautical Engineers Inc signed an agreement to license Boeing engineering data to develop its 737-800 passenger-to-freighter conversion.

Last week we reported on a new widebody conversion program, this week we follow up with the latest on the narrowbody conversion market. AEI formally launched its 737-800 P-to-F program in April of this year at the Cargo Facts Asia event in Hong Kong, and is now in late-stage negotiations with three potential launch customers, all of which have significant owned 737-800 fleets. However, until now it was not clear whether the company would develop the program entirely on its own, or whether it would reach some kind of agreement with Boeing.

The announcement of the licensing agreement settles that question, but AEI’s discussion of the agreement contained two particularly interesting items:

A P-to-Combi program for the 737-800 will likely have to wait until work is completed on the P-to-F conversion, but Cargo Facts expects it will be done within five years.  A 737-900 conversion program, on the other hand, is much further in the future. The first 737-900 was not delivered until 2001, and the first -900ER (the better candidate for freighter conversion) did not enter service until 2007, so conversion is still at least seven or eight years away, and perhaps longer.

Below is a schematic of AEI’s proposed 737-800F, and below that further information on the licensing agreement. If you are interested in learning more about the narrowbody freigthter conversion market, be sure to join us at the Cargo Facts Aircraft Symposium in Miami, 22 – 24 October, where Bob Convey, AEI’s VP Marketing and Sales, will take part in Session 5, “The Narrowbody Freighter Boom. For more information, or to register, visit the Symposium website.

Regarding the AEI/Boeing agreement, AEI said:

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