in General Aviation

Boeing and FedEx express announce order for 24 medium and large freighters

Posted 20 June 2018 · Add Comment

Boeing and FedEx Express today announced a new order for 12 767 Freighters and 12 777 Freighters as the world's largest air cargo carrier continues to invest in the industry's most capable freighters to better serve its customers.

 

“We are taking another positive step in our fleet modernization program as we add more efficient, lower emission aircraft to our global fleet," said David L. Cunningham, President and CEO of FedEx Express. "The Boeing 767 and 777 Freighters have brought greater efficiency and reliability to our air operations. The 777, with its tremendous range characteristics, has allowed us to provide faster transit times around the globe. We are excited to add more of these aircraft to our fleet." 

The new aircraft, valued at $6.6 billion at list prices, will appear on Boeing's Orders and Deliveries webpage once contingencies have been met.

This order comes as the air cargo industry continues to gather strength. A year after demand grew by nearly 10 percent, global air freight is on track to increase by another four to five percent in 2018.

Air cargo carriers are adding capacity to keep up with demand, either by converting passenger airplanes into freighters or ordering new production cargo jets. With the latest order from FedEx Express, Boeing has sold more than 50 widebody freighters so far in 2018.

"We are honoured that FedEx has again placed its trust on the wings of the Boeing 767 and 777. This repeat order is a big vote of confidence in Boeing's market-leading freighter family and the long-term outlook for air freight," said Kevin McAllister, president and chief executive officer, Boeing Commercial Airplanes.

FedEx Express and Boeing have a long-standing partnership. The express carrier is a major operator of the Boeing 757 Freighter and the largest operator of the 767 Freighter and 777 Freighter. FedEx is also a customer of Boeing's Global Services business.

The 767 Freighter, based on the 767-300ER (extended range) passenger jet, can carry approximately 58 tons (52.7 tonnes) of revenue cargo with intercontinental range, making it a flexible platform for serving long-haul, regional or feeder markets.

The 777 Freighter is the world's longest-range twin-engine freighter. The jet can fly 4,900 nautical miles (9,070 kilometers) with a payload of 112 tons (102 metric tonnes or 102,000 kg). With the 777 Freighter, FedEx has been able to connect Asia with its hub in Memphis, Tenn. non-stop and reduce transit times by up to three hours. This has enabled FedEx to accept packages later in the day and still deliver them on time.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Ethiopian Airways: Minor ramp incident

Ethiopian Airlines B787-900 aircraft with registration ET-AUP had a minor ramp incident at Oslo airport yesterday evening, 18 December 2018 just before departure.

SAA and Emirates expand commercial relationship

South African Airways (SAA), and Emirates and are expanding their commercial relationship with enhancements to a codeshare agreement, opening up new destinations for both SAA and Emirates customers.

Airbus picks student teams for Fly Your Ideas global challenge

Airbus has selected 51 international student teams, including from Ghana and Zimbabwe, to go into Round 2 of its sixth Fly Your Ideas global challenge.

Ethiopian Airlines offers customers chance to win tickets

Ethiopian Airlines has said it is offering new and existing customers the chance to win free ticket offers.

IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast

O.R Tambo International Airport announces its best service providers and partners

O.R. Tambo International Airport has honoured the stakeholders and service providers that have helped to ensure that it retains its status as Africa’s largest airport and regional hub.

TAA SK1009311218
See us at
AirCargoAFA_BT220318210219AviationAfrica_BT0607280219