UPS buys Boeing 767 freighters
22 / 12 / 2021
By Rebecca Jeffrey
UPS has ordered 19 767 freighters from Boeing. Copyright: Boeing
UPS has ordered 19 767 freighters from Boeing to help meet expected long-term global demand for air cargo.
Based on the 767-300ER (Extended Range) passenger jet, the 767 freighter carries up to 52.4 tons of revenue cargo with intercontinental range, serving as a flexible platform for long-haul, regional and feeder markets. UPS expects to take delivery of the freighters between 2023 and 2025.
UPS was the launch customer for the 767 freighter in 1995, and since then has ordered a total of 91 of the aircraft. The carrier currently operates 236 Boeing freighters including the 747, 757, 767 and MD-11.
Nando Cesarone, US operations president of the global shipping & logistics company, said: “The Boeing 767 is the most versatile aircraft we operate.” These freighters are expected to make UPS’ fleet more efficient and reliable, he added.
Boeing senior vice president of commercial sales and marketing, Ihssane Mounir, said: “Since the programme was launched, UPS has recognized the value of the 767 freighter and utilised the airplane’s outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter.”
The deal adds to a record-breaking year for Boeing freighter sales, including 80 firm orders for new widebody freighters and more than 80 orders for Boeing converted freighters.
Boeing’s 2021 commercial market outlook forecasts an annual increase of 4% in air cargo demand (Freight Tonne Kilometers) over the next 20 years. With more than 270 orders since programme launch, the 767 freighter continues to play a key role in supporting this demand, together with a global freighter fleet predicted to grow by 70% by 2040.
Boeing is currently expanding its freighter conversion capacity.