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Cargo & Freight

Qatar Airways Order for 10 777-8Xs, Four 777 Freighters

LE BOURGET, France, June 15, 2015 /PRNewswire/ — Boeing [NYSE: BA] and Qatar Airways announced an order for 10 777-8Xs and four 777 Freighters, valued at $4.8 billion at list prices, on the opening day of Paris Air Show 2015. “The order for four 777 Freighters underpins the value that this airplane has also brought…

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EVA Airways’ Intent to Purchase Five 777 Freighters

ourtesy Boeing LE BOURGET, France, June 15, 2015 /PRNewswire/ — Boeing [NYSE:BA] announced today at the Paris Air Show that EVA Airways intends to purchase five 777 Freighters. The commitment, valued at more than $1.5 billion at list prices, represents the first 777 Freighters to join EVA’s fleet and will be posted to Boeing’s Orders…

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Cargolux Airlines Celebrate 30th Direct Delivery 747 Freighter

EVERETT, Wash, Boeing [NYSE: BA] and Cargolux Airlines are celebrating the 30th direct delivery of a 747 Freighter to the Luxembourg-based cargo carrier. To mark the occasion, Cargolux’s latest 747-8 Freighter carries a special decal of the “Father of the Boeing 747,” Joe Sutter, the Boeing engineer who led the team that designed the airplane….

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Silk Way West Announce Order for Three 747-8 Freighters

BAKU, Azerbaijan, /PRNewswire/ — Boeing [NYSE: BA] and Azerbaijan-based Silk Way West announced an order for three 747-8 Freighter airplanes valued at more than $1.1 billion at current list prices. “Silk Way Airlines’ success and profitability as a cargo operator is a direct result of investing in its fleet and services and growing its regional…

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Korean Air Announce Order for Five 777 Freighters

SEATTLE, /PRNewswire/ — Boeing [NYSE: BA] and Korean Air finalized an order for five 777 Freighters. The order, valued at more than $1.5 billion at current list prices, will add further efficiency and reliability to Korean Air’s all-Boeing freighter fleet. As one of the world’s largest cargo airlines, Korean Air currently operates an all-Boeing freighter…

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Silk Way West Commitment for Three 747-8 Freighters

BAKU, Azerbaijan /PRNewswire/ — Boeing (NYSE: BA) and Azerbaijan-based airline Silk Way West announced that the two companies are finalizing terms and working toward a purchase agreement for three 747-8 Freighter airplanes. Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services….

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Qatar Airways Finalize Order for Four 777 Freighters

SEATTLE, Jan. 6, 2015 /PRNewswire/ — Boeing [NYSE: BA] and Qatar Airways have finalized an order for four 777 Freighters, valued at $1.24 billion at current list prices. The airline also has purchase rights for four additional airplanes, which when exercised will bring the combined value to $2.46 billion. Qatar Airways first announced an intent…

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World Air Cargo Forecast 2014 – 2015

After rebounding more than 19% in 2010 over the depressed levels of 2009, world air cargo traffic stagnated from mid-2011 to early 2013. This prolonged period of weak growth can be attributed to two factors: a weak world economy and slack trade growth. Since the onset of the global economic crisis in 2008, world air…

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Silk Way Airlines Celebrate Delivery of Two 747-8 Freighters

EVERETT, Wash. /PRNewswire/ — Boeing (NYSE: BA) and Silk Way Airlines celebrated the delivery of the airline’s two 747-8 Freighters. The first airplane delivered last week and the second airplane delivered this week. Both new 747-8 Freighters will bring new levels of efficiency to the Baku, Azerbaijan-based cargo carrier. “We strive to be a successful…

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Air Algerie Order for Two Next-Generation 737-700Cs

Air Algerie announced an order for two Next-Generation 737-700C (Convertible) airplanes, valued at $152 million at current list prices. The order continues Air Algerie’s fleet renewal and expansion following January’s order for eight 737-800s. The addition of 737-700Cs to the Algerian-flag carrier’s fleet will provide the airline with increased flexibility depending on passenger and cargo…

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Qatar Airways orders four Boeing 777 Freighters

Farnborough, United Kingdom, /PRNewswire/ — Boeing [NYSE: BA] and Qatar Airways have finalized an order for 50 777-9Xs, valued at $18.9 billion at current list prices. The 777X order, first announced as a commitment at the 2013 Dubai Airshow, was part of the largest product launch in commercial jetliner history. Qatar Airways also announced their…

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No New Sales for Cargo

Over the past six months sales for cargo aircraft have come to a standstill. No new aircraft deliveries have been made. Mostly all existing aircraft and freight carriers are holding onto existing fleets. The market place has changed. Existing carriers are looking at second hand aircraft or wet leases to fill their needs. Rightfully to…

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Boeing Delivers First 747-8 with Performance-Improved Engines

EVERETT, Wash. Boeing (NYSE: BA) delivered the first 747-8 with performance-improved GEnx-2B engines as part of the airplane’s Performance Improvement Package (PIP.) A Cathay Pacific Airways 747-8 Freighter was the first 747 to deliver with the PIP engines. The engine is the first of the package’s three improvements to enter service. The two other components,…

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Qatar Airways expands its Airbus A330 Freighter fleet

Qatar Airways has placed a firm order for five new Airbus A330-200 Freighter aircraft in an agreement signed at the Dubai Airshow 2013. These new aircraft will complement the airline’s rapidly growing network, which includes more than 40 routes that have dedicated freighter services. Included in the order are eight additional A330-200F options – which…

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Boeing Completes MD-11 Freighter Transition to AV Cargo

SEATTLE, /PRNewswire/ — Boeing Capital Corporation, has completed transition of two MD-11 Boeing converted freighters (BCF) on multi-year leases to U.K.-managed AV Cargo, which has begun service from the operator’s base in Liege, Belgium, on routes primarily to West Africa. Boeing delivered the first of the cargo tri-jets to the operator in May 2013. The…

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