World’s third-largest international cargo airline pursues fleet expansion with $1.7 billion order.
Qatar Airways has signed a letter of intent with Boeing to purchase five B777 freighters, valued at $1.7 billion at list prices.
It follows an order announced by the Middle East carrier in September 2017 for two B747-8 freighters.
Commenting on the order, Akbar Al Baker, Qatar Airways’ CEO said: “The addition of five 777 Freighters is a significant moment for our cargo division.
“As the world’s third-largest cargo operator, Qatar Airways continues to invest in fleet expansion. This transaction will be a reinforcement of our confidence in Boeing to continue to deliver an outstanding product that meets our exacting standards. We expect no less than perfection, and we are confident that Boeing will continue to deliver that.”
Qatar Airways currently operates a fleet of nearly 100 Boeing widebody airplanes and has about 100 more Boeing airplanes on order.
The Qatar Airways Cargo current fleet includes eight Airbus A330Fs and 12 B777Fs .
Kevin McAllister, president and CEO, Boeing Commercial Airplanes, noted:
“We are proud of our long-standing partnership with Qatar Airways and we deeply appreciate their business and the positive impact on Boeing, our employees, suppliers and communities,” said McAllister. “We are honoured that one of the world’s leading international cargo carriers recognizes the unmatched capabilities of the 777 reighter and wants to buy more to lift their growing freight operations.”
The B777F is capable of flying 4,900 nautical miles (9,070 kilometers) with a payload of 112 tons (102 metric tonnes or 102,000 kg).
Boeing claims the aircraft’s long range “translates into significant savings as fewer stops mean lower landing fees, less congestion, lower cargo handling costs and shorter delivery times.”