Boeing and Joramco have recently unveiled an exciting agreement to establish a groundbreaking Boeing Converted Freighter (BCF) line in Amman, Jordan.
The move will position Joramco as the first MRO supplier in the Middle East to support future Boeing freighter conversions of both domestic and foreign aircraft.
Joramco is a sister company of DAE Capital, a top 10 aircraft lessor globally with a fleet of approximately 550 owned, managed, committed, and mandated-to-manage aircraft
Elevating Middle East’s Aviation Landscape
Joramco, a leading Maintenance, Repair, and Overhaul (MRO) supplier based in Amman, Jordan, is poised to become a pioneer in the Middle East by providing invaluable support for future Boeing freighter conversions of both domestic and foreign aircraft.
The geographic advantage of Joramco’s location places it at the crossroads of major air routes, making it an ideal hub to cater to the needs of 737-800BCF customers spanning the Middle East, Europe, North Africa, and the Commonwealth of Independent States (CIS).
Joramco CEO comments
Fraser Currie, the CEO of Joramco, expressed his enthusiasm about this new collaboration: “We’re thrilled to strengthen our partnership with Boeing. The introduction of 737-800BCF capability at our MRO facility marks a pivotal achievement for Joramco.”
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“We are honored to be selected by Boeing as the future site for 737-800BCF conversions. Our strategic location in Amman, coupled with our extensive MRO experience, presents an exceptional opportunity for us to work in synergy with Dubai Aerospace Enterprise to meet the evolving requirements of our customers.”
Strong Backing from DAE
The Jordan based Joramco operates as a subsidiary of Dubai Aerospace Enterprise, an aviation powerhouse with a diverse portfolio that includes a leasing division boasting a remarkable fleet of approximately 550 aircraft.
These aircraft are leased to over 120 airlines, serving passengers in more than 60 countries worldwide.
Firoz Tarapore, the CEO of DAE, underscored the significance of this announcement: “This partnership reiterates our unwavering commitment to our DAE Engineering division. Since our acquisition of Joramco in 2016, our revenues have more than doubled.”
“This agreement echoes our dedication to expanding our presence in Amman, with plans to have 22 maintenance lines operational by the close of 2024. We are excited to deepen our collaboration with Boeing and innovate new offerings for Joramco’s extensive global customer base.”
Pursuit of Opportunities
Mike Doellefeld, Boeing Commercial Programs Vice President of Engineering Services, Converted Freighters, and Sub-Components, reiterated the company’s commitment to providing optimal solutions for their customers:
“Our pursuit of opportunities to enhance freighter conversion capacity is unrelenting. Collaborating with Joramco is a testament to the potential of a growing region and the capabilities of an MRO that can uphold Boeing’s stringent quality standards while producing the Boeing Converted Freighter.”
As per Boeing’s Commercial Market Outlook, the global freighter fleet is projected to witness an astounding 65% growth by 2042, soaring to over 3,700 aircraft.
This expansion necessitates the delivery of more than 2,800 production and converted freighters within the next two decades. Notably, around 1,300 of these will encompass standard-body freighter conversions, mirroring the innovative 737-800BCF model.
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