China Airlines Order Six Boeing 777 Freighters
Boeing and China Airlines have finalized their agreement, that sees the airline ordering six Boeing 777 Freighters to modernize their cargo fleet. The Chinese carrier currently operates one of the world’s largest 747 Freighter fleets and is now making the transition to the largest and longest-range twin-engine freighters in the industry.
The order, valued at $2.1 billion list price was initially announced by the airline at the Paris Air Show in June 2019. The new 77 freighter will result in lower trip costs due to the superior ton-per-mile economics.
Chairman of China Airlines, Hsieh Su-Chien said, “Air cargo is an important part of our overall business, and the introduction of these new 777 Freighters will play an integral role in our long-term growth strategy, as we transition our freighter fleet to the 777Fs, this will enable us to deliver world-class services to our customers more efficiently and reliably.”
2019 marks China Airlines 60th anniversary in the industry and can boast an impressive fleet of 51 Boeing airplanes, including ten 777-300ERs (Extended Range), 19 Next-Generation 737s, four 747-400s and 18 747 Freighters.
Senior Vice President of Commercial Sales and Marketing for The Boeing Company, Ihssane Mounir said, “As China Airlines celebrates more than half a century of success, Boeing is honored to continue playing an integral role in its growth and expansion. With this order, China Airlines will join an elite group of global air cargo operators operating new 777 Freighters, with the global air freight market forecasted to double over the next 20 years, the 777 Freighter’s market-leading capabilities and economics will help China Airlines extend their network and grow their future cargo business.”