Emirates is expanding its fleet of all-Boeing freighters with an order for five 777 freighters, worth more than $1.7 billion at list prices.
The cargo ships will be operated by Emirates SkyCargo, adding to its fleet of 11 777Fs, says a Boeing release.
At last November's Dubai Airshow, Emirates announced a $1 billion investment to expand air cargo capacity, including two new 777 freighters joining Emirates' fleet this year.
“Emirates is investing in new cargo ships so we can continue to meet customer demand with the latest fuel-efficient aircraft,” said Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group. “This order reflects Emirates' confidence in air freight demand and the overall growth of the airline industry. It lays the foundation for our continued growth, driven by the reach of our diverse global network, the advanced handling infrastructure at our hub in Dubai and the tailor-made transportation solutions Emirates has developed to meet the needs of our diverse customers.”
Emirates was a launch customer for the 777 freighter and is currently the world's largest operator of the 777 family with nearly 150 of the aircraft type in its fleet, the release said. "Boeing's best-selling freighter, the 777F, is the world's largest, longest and most capable twin-engine freighter flying today with 17 percent better fuel economy and lower CO2 emissions compared to previous aircraft."
Stan Deal, president and chief executive officer of Boeing Commercial Airplanes added: "We appreciate the confidence that Emirates has repeatedly placed in its entire Boeing freight fleet. The expansion of Emirates' fleet with these extra fuel-efficient 777 freighters empowers the airline. able to support growing demand in the freight market, moving goods quickly and efficiently from origin to destination in the Middle East and around the world.”
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