50 SKY SHADES - World aviation news

Boeing, All Nippon Airways Finalize Order for Two 777 Freighters

Download: Printable PDF Date: 25 Mar 2018 04:47 category:
Publisher:
Boeing, All Nippon Airways Finalize Order for Two 777 Freighters - Manufacturer publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes

Amid strong growth in air cargo, carrier adds large 777s to complement medium-sized 767s

Order marks the first 777 Freighters to be operated by a Japanese airline

Boeing and All Nippon Airways (ANA) announced the Japanese carrier has placed a new order for two 777 Freighters valued at $678 million according to list prices.

While ANA is a major operator of the 777 passenger jet, it has grown its cargo operation with the medium-sized 767 Freighter. In adding the 777 Freighter – the world's largest and longest range twin-engine cargo jet – ANA is expanding its cargo capabilities just as the air freight market keeps growing at historically high rates.

"Air cargo is an essential part of global trade growth," said Hiroshi Sugiguchi, Vice President, Corporate Planning & Administration, ANA Cargo. "We are committed to playing a critical role in further advancing Japan's economic growth through trade and these new freighter airplanes will help us accomplish our goal. ANA will ensure that our cargo operations reflect the five-star service that we have garnered over the past several years."

Last year, the global air cargo market grew 9 percent, more than double the long-term projected growth rate of about 4.2 percent. In January, the above-trend growth continued with an 8 percent increase in demand. Industry experts say the strong performance reflects global economic trade, fueled in large part by expanding e-commerce.

ANA says it plans to fly its new 777 Freighters on international routes, particularly to Asia, China, and North America. With this order, ANA will become the first airline in Japan to operate 777 Freighters. 

"We are honored that a world-class operator such as ANA has decided to grow their cargo business with the 777 Freighter," said Ihssane Mounir, senior vice president of Commercial Sales & Marketing at The Boeing Company. "This order further validates the market leadership of the 777 Freighter and its outstanding range, payload capabilities, and reliability." 

The 777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometers) with a payload of 112 tons (102 metric tonnes or 102,000 kg). The airplane's long range translates into significant savings as fewer stops mean lower landing fees, less congestion, lower cargo handling costs and shorter delivery times.

Boeing is the air cargo market leader, providing over 90 percent of the dedicated freighter capacity around the world.



Loading comments for Boeing, All Nippon Airways Finalize Order for Two 777 Freighters...


Recommended

Part 147 Technical Trainings, Challenges And Solutions During The Times Of Uncertainty

As the aviation industry is currently going through the COVID-19 crisis and class courses are being stopped or rescheduled, all of the Part 147 training schools are facing major existential challenges...

Difficult upcoming months for airBaltic - further reduction of capacity

As the Coronavirus crisis continues, significantly affecting demand for air travel, airBaltic is forced to further decrease its overall capacity between April 15 and October 31, 2020, cancel...

Make Air Travel More Safe and Efficient - Tamarack Aerospace Supports CARES Act

In response to the economic impact of the COVID-19 pandemic and its impact on the aerospace industry, Tamarack is launching a temporary program with special pricing for its revolutionary Active Wingle...

2020 AGM & World Air Transport Summit postponed

International Air Transport Association announced the postponement of the 76th Annual General Meeting (AGM) and World Air Transport Summit. The event had been scheduled to take place on 22-2...