Boeing and FedEx Express announced a new order for 12 767 Freighters and 12 777 Freighters as the world’s largest air cargo carrier continues to invest in the industry’s most capable freighters to better serve its customers.
“We are taking another positive step in our fleet modernization program as we add more efficient, lower emission aircraft to our global fleet,” said David L. Cunningham, President and CEO of FedEx Express. “The Boeing 767 and 777 Freighters have brought greater efficiency and reliability to our air operations. The 777, with its tremendous range characteristics, has allowed us to provide faster transit times around the globe. We are excited to add more of these aircraft to our fleet.”
The new airplanes, valued at US$6.6 billion at list prices, will appear on Boeing’s Orders and Deliveries webpage once contingencies have been met.
This order comes as the air cargo industry continues to gather strength. A year after demand grew by nearly 10 per cent, global air freight is on track to increase by another four to five per cent in 2018.
“We are honored that FedEx has again placed its trust on the wings of the Boeing 767 and 777. This repeat order is a big vote of confidence in Boeing’s market-leading freighter family and the long-term outlook for air freight,” said Kevin McAllister, president and chief executive officer, Boeing Commercial Airplanes.