Qatar finalises B777F fleet order

Qatar Airways has finalised an order for four Boeing 777 freighters valued at $1.24bn, with purchase options on another four.
Qatar Airways first announced its intention to order four B777Fs at the 2014 Farnborough Airshow. The total order for all eight freighters has a potential combined value of $2.46bn, at current list prices
“We aim to make Qatar Airways one of the world’s major air cargo players,” said Akbar Al Baker, chief executive, Qatar Airways.
He added: “With its proven track record, long-range capabilities and excellent operational efficiencies, the 777 freighter will be a key player in enabling Qatar Airways to grow its footprint and economically delivery cargo further connecting to many long-haul destinations from our hub in Doha especially with the expansion of Doha’s new freight terminal.”
Qatar Airways currently operates a passenger fleet of 37 B777-200LRs and B777-300ERs in addition to seven B777Fs.
Ray Conner, president and chief executive, Boeing Commercial Airplanes, said: “As Qatar Airways develops its cargo route network, we are pleased they have selected the B777 freighter to be part of this expansion.”
Global air freight traffic is forecast to grow at an annual rate of 4.7 per cent, doubling the cargo traffic over the next 20 years, according to the Boeing World Air Cargo Forecast released in October.
The B777F is capable of flying 4,900 nautical miles (9,070 km) with a full payload and general cargo market densities, making it the world’s longest-range twin-engine freighter.
Did you find this article of interest, if so why not register for a FREE digital subscription to Air Cargo News? – Find out more 

Share this story

Related Topics

Latest business news

Logistics UK reiterates call for dedicated logistics minister following election announcement

Logistics UK has reiterated its call for the creation of a dedicated logistics and supply chain minister following the announcement…

Read More

Share this story

Bloomberg: Private equity and shipping giants circle DB Schenker

German forwarding and logistics company DB Schenker has attracted bids from shipping and logistics giants as well as a private…

Read More

Share this story

DP World begins Punta Cana airfreight operations

Airfreight operations have begun at DP World’s air cargo logistics hub in Punta Cana, Dominican Republic with the arrival of…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.