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FINANCIAL NEWS
Qatar Airways, Boeing finalizes USD1.24b order
07 Jan 2015
(MENAFN) Qatar Airways announced it has finalized a deal for four 777 Freighters, valued at USD1.24 billion with Boeing, the aircraft manufacturer, Gulf Business reported
The airline also said that it has purchased rights for four additional planes, which when exercised will bring the combined value of the deal to USD2.46 billion for the freighter that is capable of flying 9.070 kilometer with a full payload and general cargo market densities, making it the world’s longest-range twin-engine freighter.
Qatar Airways, which currently operates a fleet of 37 Boeing 777-300ERs and 777-200LRs (Longer Range), in addition to seven 777 Freighters, has been a steady customer of Boeing despite facing some issues with the company’s Dreamliner aircraft.
“We aim to make Qatar Airways one of the world’s major air cargo players. 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 deliver cargo further, connecting many long-haul destinations,” CEO of Qatar Airways said.
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