EVERETT, Wash / Boeing [NYSE: BA] and UPS [NYSE: UPS] announced an order for 14 747-8 Freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes.
These aircraft are a strategic investment for increased capacity for UPS customers around the globe, said Brendan Canavan, president, UPS Airlines. The 747-8 will allow UPS to upsize our network in both new and existing markets. UPS serves more than 220 countries and territories worldwide
The 747-8 Freighter is the worlds most efficient freighter, providing cargo operators the lowest operating costs and best economics of any large freighter on the market. With its iconic nose door, the airplane has 16 percent more revenue cargo volume than the 747-400F. The airplane also reduces the noise footprint around an airport by 30 percent compared to its predecessor.
With 109 747-8 passenger and freighter airplanes delivered to customers around the globe, the fleet is performing with the highest dispatch reliability and utilization of any four-engine airplane in service.
Source Boeing / Edited By Airline Adviser 11/01/16