Boeing and Icelease sign agreement for up to three 767-300BCF aircraft

Boeing has reached an agreement with Iceland-based lessor Icelease for the conversion of one Boeing 767-300 Converted Freighter (BCF), with options for two additional units. The deal was signed during the Cargo Facts Symposium on October 22, 2026.

Conversion work is scheduled to take place at ST Engineering’s MRO facilities in Singapore. The first aircraft is expected to enter induction in the first quarter of 2027, with delivery anticipated in the second quarter of 2027.

The converted aircraft will join the cargo portfolio managed by Dublin-based IAT Leasing, which currently includes seven Boeing 737-800BCF models. Icelease maintains a portfolio of approximately 40 narrow and wide-body passenger and cargo aircraft leased to global airlines.