Boeing, Emirates Announce Order for 10 747-8 Freighters
October 08 2006 - 6:07AM
PR Newswire (US)
- Order valued at approximately $2.8 billion dollars DUBAI, United
Arab Emirates, Oct. 8 /PRNewswire-FirstCall/ -- Boeing (NYSE:BA)
and Emirates today finalized an order for 10 747-8 Freighters
during an official ceremony held at Dubai's Department of Civil
Aviation. The ceremonial signing was made by HH Sheikh Ahmed bin
Saeed Al-Maktoum, Emirates chairman and CEO, and Boeing's
Dubai-based sales director, Ken Schulz. "Dubai has seen tremendous
growth in the opportunities to provide our customers across the
globe custom-tailored freight solutions," Sheikh Ahmed explained.
"Moreover, developing this side of our business is elemental to
Emirates maintaining a leading position amongst the world's
airlines and we will take full advantage of the extended capacity
these new Boeing freighters offer." The 10 747-8 Freighters are
valued at $2.8 billion at list prices and were previously
attributed to an unidentified customer on Boeing's Orders &
Deliveries website. Emirates SkyCargo will receive its first
delivery of Boeing's latest heavy freighter in 2010. The 747-8F is
an advanced design that offers even greater operational efficiency
for global freight operations which are based largely on the
industry-leading 747 freighter family. "Boeing would like to
congratulate Emirates SkyCargo on its success," Schulz said. "We're
confident the 747-8 brings the economics and reliability that will
help the company continue to expand its freight-carrying
capabilities around the world." Emirates SkyCargo selected the
747-8F to meet an increased requirement for capacity and
operational flexibility. The 747-8F sets the industry standard with
the lowest trip costs and a payload capacity of 140 metric tons,
while offering reduced noise and lower emissions. Emirates' new
747-8 Freighters position the carrier to take advantage of strong
regional and international cargo markets. Air cargo traffic into,
out of and within the Middle East accounted for 5.8 percent of the
world's tonnage and nearly 5 percent of the world's revenue
tonne-kilometers during 2005. Established in 1985, Emirates
SkyCargo, the air freight division of the award-winning Emirates
Airline, offers a comprehensive freight solution to more than 80
destinations worldwide with one of the youngest fleets in operation
today. The airline also has on order eight Boeing 777 Freighters
with deliveries beginning in 2008. Additional Information: 747-8
Freighter: The 747-8 Freighter improves on the current
best-in-class 747-400F with 16 percent more payload capacity, due
to a larger airframe that allows it to hold seven additional
standard pallets while maintaining its customer-preferred
nose-door-loading capability. In addition, both the 747-8 Freighter
and 747-8 Intercontinental (passenger) models provide improved fuel
burn, achieved by an improved wing design and new engines --
General Electric's new GEnx engines, which deliver greater fuel
efficiency, engine durability, weight reduction and lower overall
operating costs than today's engines. Including today's order, 44
747-8 Freighters have been ordered by five customers since program
launch in November 2005. DATASOURCE: Boeing Co. CONTACT: Brian
Walker, Boeing Commercial Airplanes Middle East and Africa
Communications, +1-206-766-2929, or Tim Bader, 747 Program
Communications, +1-425-342-4771, or Bob Saling, Cargo
Communications, +1-206-766-2914, all of Boeing Co. Web site:
http://www.boeing.com/
Copyright
Boeing (NYSE:BA)
Historical Stock Chart
From Apr 2024 to May 2024
Boeing (NYSE:BA)
Historical Stock Chart
From May 2023 to May 2024