BBAM Limited Partnership (BBAM) has announced an agreement for the lease of two Airbus A321 passenger-to-freighter (P2F) aircraft on long-term leases. The Airbus A321P2F aircraft will be leased to Lufthansa Cargo on long-term leases from BBAM.

Lufthansa Cargo wants to offer customers in the eCommerce segment fast intra-European connections. With the converted A321P2F, the company is meeting their customers' growing demand for same-day solutions and further strengthening its dense network of global connections as well as its product offering. The selected aircraft type can transport more than 28t of gross payload per flight, significantly larger cargo volumes than in the short-haul bellies of passenger aircraft. Lufthansa CityLine on behalf of Lufthansa Cargo will operate the two aircraft, which will be stationed in Frankfurt.

?Partnering with BBAM on these converted freighters gives the former passenger aircraft a second life and enables us to offer our customers the much-needed additional capacity in Europe,? said Dorothea von Boxberg, CEO of Lufthansa Cargo. ?The A321P2F offers unique benefits, including increased cargo capacity, best-in-class economics, reduced weight, and a lower carbon footprint, providing us with a great deal of flexibility in managing freight.?

?We are glad to provide Lufthansa Cargo with a new tool to help maximize its cargo operations,? said Steve Zissis, President and Chief Executive Officer of BBAM. ?We see new life for our A321s as converted freighters that are highly efficient and offer many benefits for cargo operations. BBAM has become a leader in the converted freighter market as we look to offer our airline clients and investors with a new solution to maximize value.?