Boeing selling freighters at Paris Air Show

by MM&D Online Staff
Qatar Cargo 777F
Qatar Cargo 777F

LE BOURGET, France—Boeing announced at the Paris Air Show that EVA Airways intends to purchase five 777 Freighters and Qatar Airways is buying four.

The EVA Airways commitment, valued at more than $1.5 billion at list prices, represents the first 777 Freighters to join EVA’s fleet.

The Taiwanese airline plans to use the new freighters to bolster its fleet in an effort to meet growing demand in the air cargo market.

Qatar Airways announced an order for 10 777-8Xs and four 777 Freighters, valued at $4.8 billion at list prices, on the opening day of Paris Air Show 2015.

According to the Boeing World Air Cargo Forecast, global air freight traffic is forecast to grow at an annual rate of 4.7 percent, doubling the cargo traffic over the next 20 years.

EVA Airways currently operates more than 35 Boeing airplanes in its fleet, including 20 777-300ERs. EVA is one of the world’s leading 777-300ER operators with unfilled orders for 14 777-300ERs – both direct purchased and leased. The carrier plans to grow its operational twin-aisle fleet to more than 60 airplanes by the end of 2025.

The 777 Freighter is the world’s largest and longest range twin-engine freighter, capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload at general cargo market densities.