China Postal orders 10 Next-Generation 737 converted freighters

Boeing (NYSE: BA) has agreed with China Postal Airlines for 10 Next-Generation 737 Boeing Converted Freighters (BCFs), pending a program launch, the company said.

Through its converted freighter programs, Boeing extends the valuable service life of a passenger airplane by modifying it to function as a freighter.

The 737-800 is the first Next-Generation 737 that Boeing will offer for conversion. Through the 737 BCF program, Boeing will support customers in the narrow-body freighter market, a segment of the freighter market growing quickly around the world.

China Postal Airlines joins Hangzhou-based YTO Airlines as a launch customer for the Boeing BCF program.

China Postal´s agreement with Boeing — which also includes the purchase of seven Boeing 757-200s that the airline plans to convert into freighters — marks the largest purchase order in the airline´s history.