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Qatar Airways Orders Four 777 Freighters, Ten 777-8X

Qatar Airways and Boeing announced a firm order for 10 777-8Xs and four 777 Freighters on the opening day of the 2015 Paris Airshow. The order is valued at $4.8 billion at current list prices.

“Acquiring technologically-advanced airplanes such as the 777X is integral to our expansion strategy,” said His Excellency Mr. Akbar Al Baker, GCEO of Qatar Airways. “With the addition of these 777-8X to the 50 777-9X already on order, we are confident of continuing the tremendous legacy of the 777.

“The order for four 777 Freighters underpins the value that this airplane has also brought to our rapidly growing cargo operations. Qatar Airways Cargo is an integral part of the Qatar Airways Group and we look forward to enhancing the existing fleet with next-generation aircraft,” added Mr. Al Baker.

In attendance at today’s press conference at the Paris Air Show in Le Bourget, was The Minister of Finance for the State of Qatar and Chairman of Qatar Airways, His Excellency Ali Shareef Al Emadi and His Excellency Sheikh Abdullah bin Mohammed bin Saud Al-Thani, Chairman of Qatar Investment Authority.

Boeing is the undisputed air cargo market leader, providing over 90 percent of the total worldwide dedicated freighter capacity. The 777 Freighter is capable of flying 4,900 nautical miles (9,070 km) with a full payload and general cargo market densities, making it the world’s longest-range twin-engine freighter. The airplane’s range capability translates into significant savings for cargo operators: fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times.