Qatar Airways has ordered 10 Boeing 777-8Xs and four 777 Freighters, in a deal which Boeing announced on the first day of the Paris Air Show 2015.
In addition to announcing the Qatar Airways order, which Boeing values at $4.8 billion at list prices, Boeing also announced at the show that EVA Air intends to purchase five 777 Freighters.
Design of the Boeing 777X is underway and production is set to begin in 2017, with first delivery targeted for 2020. With Qatar Airways’ latest order, the 777X family has accumulated orders and commitments for 320 aircraft from six customers.
“Acquiring technologically-advanced airplanes such as the 777X is integral to our expansion strategy,” says Akbar Al Baker, CEO 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.”
Adds Al Baker: “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.”
Meanwhile, Boeing values the expected EVA Air Cargo five-777F order at more than $1.5 billion at list prices.
The manufacturer says the five aircraft would be the first 777 Freighters to join EVA Air Cargo’s fleet and that it will post the order to Boeing’s Orders & Deliveries website once the purchase is finalized.
Taiwan-based EVA Air Cargo plans to use the new freighters to bolster its fleet in an effort to meet growing demand in the air cargo market.
EVA Airways operates more than 35 Boeing jets in its fleet, including 20 777-300ERs. EVA Air also has orders outstanding for 14 more 777-300ERs – some direct-purchased from Boeing and some to be leased from operating lessors.
The Taiwanese carrier plans to grow its operational twin-aisle fleet to more than 60 aircraft by the end of 2025, according to Boeing.
The 777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload at general cargo market densities.
Boeing’s latest World Air Cargo Forecast predicts that global air freight traffic will grow at an annual rate of 4.7 per cent, doubling worldwide air cargo cargo traffic over the next 20 years.